Kuna, Ukraine’s largest cryptocurrency exchange founder Michael Chobanian spoke to the Wall Street Journal after the invasion of Ukraine by Russia.
Kuna’s founder, who says he sleeps only a few hours a day since Russia invaded his country, has been living in Kuna since the invasion. cryptocurrency trading stated to increase.
Michael Chobanian, cryptocurrency He thinks that the strict measures taken by the central bank such as “the limit on my withdrawal limits from ATM, the restrictions on the country’s official electronic currency system and the suspension of the foreign exchange market” were effective in the increase in trade.
“Cash Has Become Unusable!”
Saying that Kuna moved its infrastructure and personnel from Kiev with the start of the war, Chobanian said that Kuna was also one of those who wanted to help Ukraine. cryptocurrency He also stated that he was collecting donations.
Chobanian, the country’s Ministry of Digital Transformation Cryptocurrency charity campaign from Kuna He stated that he wanted it to start and used the following statements:
“Cash is useless in a war zone because it is physical. It is also dangerous to carry cash.”
Chobanian also states on the landing page of the fund Kuna has set up to accept donations, “Let’s stop the war. Let there be peace. We trust crypto, we pray for Ukraine.” He said he wrote.
“Cryptocurrency Adoption Starts to Increase!”
Ukraine’s cryptocurrency Stating that he has reached serious numbers in the aid campaign, Chobanian said, cryptocurrencies He underlined that it is very useful for international money transfers and large payments.
“Cryptocurrency transfers are faster compared to traditional methods. Transactions take about 10 minutes for Bitcoin, for example, after which the money is transferred. The practical equivalent of this is that the donated money is almost instantaneous.
Kuna converts cryptocurrencies to other digital currencies or fiat currencies for bank accounts.
Some of the supply companies that Kuna mediates for purchases accept payments directly in crypto in order to speed up transactions. In fact, many companies are starting to accept cryptocurrencies for us because they want to help us more than make money.”
Michael Chobanian in the recently launched fundraiser Bitcoin, Ethereum, Tether, Litecoin, Dogecoin He reminded that aid is accepted with 20 cryptocurrencies such as