Business News Report
January 05, 2023

Binance partners with Ukraine’s pharmaceutical company ANC to enable crypto payments

World’s leading cryptocurrency exchange, Binance, partners with ANC Pharmacy, one of the largest pharmacy chains in Ukraine. The company has an online store and over 1,000 retail locations across the country, including Kyiv, Kharkiv, and Odesa.

The partnership will enable ANC Pharmacy’s customers to pay for their purchases using bitcoin and other cryptocurrencies. The first location to accept crypto payments will be Kyiv, the capital of Ukraine. In addition, ANC’s clients will have the option to use crypto for instant online purchases. 

Individuals that wish to pay for goods in cryptocurrencies need to download the Binance application, select the products, and pay using Binance Pay. If ordering online, customers can pick up the packs at the nearest pharmacy. 

ANC Pharmacy names itself one of the most innovative pharmacy chains and claims to be moving toward digitalization. Indeed, the initiative makes ANC the largest global pharmacy to accept crypto.

This is not the first time Binance has partnered with a Ukrainian retail store. In September 2022, the exchange platform enabled cryptocurrency payments for clients of the supermarket chain Varus. Customers from nine Ukrainian cities, Kyiv, Kamianske, Dnipro, Kryvyi Rih, Vyshorod, Pavlograd, Zaporizhzhia, Brovary, and Nikopol, could enjoy instant cryptocurrency payments. 

Digital fashion platform DressX is another web3 company that has supported Ukraine. In March, the company released the ‘FASHION for PIECE’ collection and donated proceeds to the Ministry of Defence of Ukraine, 3D fashion designers in need, and charity funds.

Read more about Ukraine:

Disclaimer

In line with the Trust Project guidelines, please note that the information provided on this page is not intended to be and should not be interpreted as legal, tax, investment, financial, or any other form of advice. It is important to only invest what you can afford to lose and to seek independent financial advice if you have any doubts. For further information, we suggest referring to the terms and conditions as well as the help and support pages provided by the issuer or advertiser. MetaversePost is committed to accurate, unbiased reporting, but market conditions are subject to change without notice.

About The Author

Valeria is a reporter for Metaverse Post. She focuses on fundraises, AI, metaverse, digital fashion, NFTs, and everything web3-related. Valeria has a Master’s degree in Public Communications and is getting her second Major in International Business Management. She dedicates her free time to photography and fashion styling. At the age of 13, Valeria created her first fashion-focused blog, which developed her passion for journalism and style. She is based in northern Italy and often works remotely from different European cities. You can contact her at [email protected]

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Valeria Goncharenko
Valeria Goncharenko

Valeria is a reporter for Metaverse Post. She focuses on fundraises, AI, metaverse, digital fashion, NFTs, and everything web3-related. Valeria has a Master’s degree in Public Communications and is getting her second Major in International Business Management. She dedicates her free time to photography and fashion styling. At the age of 13, Valeria created her first fashion-focused blog, which developed her passion for journalism and style. She is based in northern Italy and often works remotely from different European cities. You can contact her at [email protected]

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