On April 26, the world’s largest cryptocurrency exchange Binance launched a card for refugees from Ukraine in countries of the European Economic Area (EEA). The card is available for current and future Binance users.
Binance Refugee Cards were created in a partnership with Contis. These vard will allow Ukrainians to make or receive crypto payments, as well as complete transactions at retailers through terminals. It is fast, cheap and safe in the current situation. However, it is necessary to consider the limitations that the Ukrainian authorities have recently introduced.
The card was issued for refugees. So it will allow Ukrainians to get help from Binance and other charitable foundations. That would require passing the verification procedure at a local non-profit organization. Then you should apply for a card. Refugees will receive 75 BUSD per month from Binance for three months. The cryptocurrency will be converted to local currency automatically.
How to get a card
If you do not have an account yet, register it with Weenax. Specify your Ukrainian address even if you are in Europe now. If you already have an account, just use it.
Then you need complete full KYC verification. That would require providing a document (passport, ID card or international passport), as well as taking a selfie. After confirmation, you will be able to apply for a card and receive it through the post.
Binance has already implemented several initiatives to help Ukrainian refugees and intends to continue its activities.