The cryptocurrency exchange Binance, which operates on one of the most extensive blockchain networks in the world, has reached an agreement with the VARUS grocery chain in Ukraine to provide a novel form of payment for customers of supermarkets. Binance Pay is now available to be used as a payment method for various items. It is a wallet for storing and exchanging cryptocurrency tokens.
As a result, VARUS, a global leader in food shopping, has chosen Binance to be its exclusive crypto partner in the adoption of new forms of payment. Binance has therefore become the official cryptocurrency partner of VARUS. When placing an order for items and commodities from the network, the functionality can only be accessed at this time via the website of the store. There will be a greater selection of payment options available in the not-too-distant future.
Oleg Spirin, who is in charge of the VARUS e-business center, stated that “Cryptans are just like everyone else and need to eat. Therefore, we make it possible for them to purchase kefir with ether and give them the option of having it delivered to them. We will be able to announce the launch of such a function in our offline network very soon thanks to our technology partners, Binance and SettlePay.
On the other hand, the head of Binance in Ukraine, Kirill Khomyakov, said that the country has long been characterized by the willingness of enterprises to integrate modern digital solutions within their organizational structures. According to him, this initiative is proof that Bitcoin is being widely used as a payment method since it is the simplest and most convenient alternative.