LocalBitcoins cancels commission for Ukrainians

Ukrainian users of the LocalBitcoins crypto exchange promised a free bitcoin wallet regardless of location, as well as the abolition of any fees.

The world’s largest cryptocurrency exchange March 1 stated on Twitter that the commission for transactions will not be charged even from those Ukrainians who are outside the country.

In addition, wherever users from Ukraine are located, they get the opportunity to instantly receive cryptocurrency. And also quickly convert deposited BTC into Ukrainian hryvnia.

“The core value of LocalBitcoins is freedom. We understand that the citizens of Ukraine are now going through difficult times. For this reason, we removed all fees for Ukrainian users and guaranteed a free bitcoin wallet,” said Jukka Blomberg, marketing director of the company.

Following the publication of this announcement, the trading volume of the Ukrainian hryvnia reached a record level in the cryptocurrency market. In addition to LocalBitcoins, such results were noted by Binance and the Ukrainian exchange Kuna.

Recall that today Arcane Research analysts noted that the situation in Ukraine led to an increase in bitcoin trading volume.


Source: Bits

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