BlockNews
  • Crypto
  • Finance
  • Politics
  • Memecoins
  • NFT
  • Technology
  • Opinion
No Result
View All Result
FOLLOW
BlockNews
  • Crypto
  • Finance
  • Politics
  • Memecoins
  • NFT
  • Technology
  • Opinion
No Result
View All Result
BlockNews

Ukrainian Pharmacy Chain Introduces Cryptocurrency Payments

by BlockNews Team
January 6, 2023
in Business, Crypto, Media, Social
A A
Ukrainian Pharmacy Chain Introduces Cryptocurrency Payments
2
SHARES
Share on TwitterShare on Reddit
  •  A significant pharmacy chain in Ukraine has begun using Binance Pay to take cryptocurrencies.
  •  According to the business, which runs hundreds of pharmacies around the country of war-torn Eastern Europe, the new payment option will be accessible online.

Pharmacy Offers Ukrainians Option To Pay With Crypto Using Binance Pay

With the help of a partnership with Binance, one of the biggest drugstore chains in Ukraine, ANC Pharmacy has made all its locations accept bitcoin and other cryptocurrencies. It is one of the most important uses of bitcoin payments in Europe, with over a thousand retailers spread across the continent.

Customers of the ANC drugstore chain in Ukraine can now purchase goods and medications using a variety of cryptocurrencies. The new payment method is available as of Tuesday, according to the firm, which claims to be the first pharmacy chain in Europe to do so.

“From Jan. 3, you will be able to enjoy instant payments when purchasing pharmacy products. It will be possible to pay for orders with cryptocurrency on Anc.ua!

Binance, the world’s largest digital asset exchange by trading volume, built the payment system called Binance Pay, which will be used to handle coin transactions. It enables more than 70 digital currencies, including bitcoin, to be spent, sent, and received by users and businesses worldwide.

Customers need to download and install the Binance app, visit the ANC website, place an order, and pay for it using Binance Pay to use the service. After that, clients can pick up or get the items from any chain store.

Under its brand, ANC runs a network of pharmacies and unites numerous other Ukrainian chains, including Blagodiya, Kopiyka, and Shar@. With more than 7 million annual clients, it has stores in more than 130 Ukrainian cities. Initial access to crypto payments is in Kyiv, the capital of Ukraine.

Over the last few years, Ukraine has made a name for itself as the region’s leader in cryptocurrency adoption. Since Russia began its invasion in late February, the nation’s government and volunteer organizations have relied on bitcoin donations to bolster defensive and humanitarian activities, which are also supported by the sector.

Other Ukrainian companies have used Binance Pay to support cryptocurrency payments. To give its customers the option of using coins to pay for groceries in Kyiv, Dnipro, Zaporizhzhia, and other cities, the supermarket chain Varus, which has over 100 stores in Ukraine, integrated the payment system in September.

 In August, Whitepay, a comparable payment system created by Whitebit, a European cryptocurrency exchange with Ukrainian roots, was used to accept cryptocurrency payments by the Ukrainian electronics retailers Tehnoezh and Stylus.

Closing Thoughts 

With one sizeable local drugstore chain accepting payments in cryptocurrencies like Bitcoin, pharmacies in Ukraine are adopting digital payments despite the current conflict (BTC). One of the biggest drugstore chains in the nation, ANC Pharmacy, has teamed up with Binance to introduce cryptocurrency payments through Binance Pay.

Tags: BinanceBitcoinBTCBusinessukraine
Tweet1ShareShare1

DON'T MISS THESE! HOT OFF THE PRESS

Elon Musk’s X Name Change Leads to 119% Jump in KEKIUS Memecoin Token: Here is What Happened
Crypto

Elon Musk’s X Name Change Leads to 119% Jump in KEKIUS Memecoin Token: Here is What Happened

May 16, 2025
JRNYERS on Cardano: A New Chapter Begins Right Now
Cardano

JRNYERS on Cardano: A New Chapter Begins Right Now

May 16, 2025
Coinbase Stock Surges Over 10% Ahead of S&P 500 Inclusion Despite Hack and SEC FUD: Here is Why This is Bullish
Crypto

Coinbase Stock Surges Over 10% Ahead of S&P 500 Inclusion Despite Hack and SEC FUD: Here is Why This is Bullish

May 16, 2025
Pi Network’s $100M Initiative Aims to Expand Ecosystem Utility: What Does This Mean for Investors?
Crypto

Pi Network’s $100M Initiative Aims to Expand Ecosystem Utility: What Does This Mean for Investors?

May 16, 2025
XRP Analysis Hints at Possible Decline Before Next Surge: Here is What You Need to Do
Crypto

XRP Analysis Hints at Possible Decline Before Next Surge: Here is What You Need to Do

May 16, 2025
Fidelity Predicts Bitcoin Will Hit New All-Time High by Q2 2025: Here is Why
Bitcoin

Fidelity Predicts Bitcoin Will Hit New All-Time High by Q2 2025: Here is Why

May 16, 2025
Load More

Related News

SEC Delays Solana ETF Decision to October 2025 Amid XRP, Dogecoin, and Polkadot ETF Decision Delays

SEC Delays Solana ETF Decision to October 2025 Amid XRP, Dogecoin, and Polkadot ETF Decision Delays

May 16, 2025
Elon Musk’s X Name Change Leads to 119% Jump in KEKIUS Memecoin Token: Here is What Happened

Elon Musk’s X Name Change Leads to 119% Jump in KEKIUS Memecoin Token: Here is What Happened

May 16, 2025
JRNYERS on Cardano: A New Chapter Begins Right Now

JRNYERS on Cardano: A New Chapter Begins Right Now

May 16, 2025
Coinbase Stock Surges Over 10% Ahead of S&P 500 Inclusion Despite Hack and SEC FUD: Here is Why This is Bullish

Coinbase Stock Surges Over 10% Ahead of S&P 500 Inclusion Despite Hack and SEC FUD: Here is Why This is Bullish

May 16, 2025
Pi Network’s $100M Initiative Aims to Expand Ecosystem Utility: What Does This Mean for Investors?

Pi Network’s $100M Initiative Aims to Expand Ecosystem Utility: What Does This Mean for Investors?

May 16, 2025
Discord Twitter Youtube TikTok Instagram

BLOCKNEWS.COM

BlockNews

BlockNews.com is your premier source for real-time cryptocurrency, blockchain, and financial market news.

Our mission is to deliver accurate, timely, and insightful information to help both seasoned investors and newcomers navigate the evolving digital economy.

With in-depth analysis, exclusive insights, and up-to-date news, BlockNews.com keeps you informed on the latest trends in crypto, DeFi, NFTs, tech, and beyond.

Stay ahead of the herd with BlockNews.com

RESOURCES

  • About
  • Contact Us
  • Terms and Conditions
  • Privacy Policy

POPULAR TOPICS

$ADA $XRP AI Avalanche Binance Bitcoin Bitcoin ETF blackrock Blockchain BTC Business Cardano China Coinbase Coinglass crypto cryptocurrency Crypto Exchange Crypto Regulation DeFi Dogecoin Donald Trump Elon Musk ETF eth ethereum Federal Reserve FTX grayscale Memecoin metaverse Microstrategy NFT NFTs PEPE ripple sec Shiba Inu Solana Stablecoin Technology twitter US Web3 xrp

GET QUICKER UPDATES ON X

© 2022-2025 BlockNews.com - Crypto and NFT news website by Aiur Labs.

No Result
View All Result
  • Home
  • Crypto
  • Memecoins
  • Technology
  • Politics
  • Finance
  • NFT
  • DeFi
  • Opinion

© 2022-2025 BlockNews.com - Crypto and NFT news website by Aiur Labs.