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Donations of Encrypted Crypto to Ukraine Surpassed $13 Million

Donations of Encrypted Crypto to Ukraine Surpassed $13 Million

Kavya Barua

Kavya Barua is a voracious learner captivated by crypto and Fintech breakthroughs. Graduated from the University of Delhi's B.A (Hons) English program at Janki Devi Memorial College. She desires to be a successful professional with a strong interest in learning and accomplishing outcomes.

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The value of encrypted crypto donations to help Ukraine fight Russia has reached a new high of $13 million. This breakthrough was announced by @WuBlockchain in the following statement, which includes a breakdown of coin contributions.

Ukraine has received cryptocurrency donations totalling 1,349 Ethereum (ETH), 204 Bitcoin (BTC), and different amounts in Tether (USDT) and USD Coin (USDC).

Justin Sun, the founder of TRON, stated that he is “glad to announce” a $200,000 USDT donation.

Ukraine Receives $13 Million In Encrypted Crypto Donations.

According to the most recent estimates from the blockchain analytics firm Elliptic, the Ukrainian government, NGOs, and volunteer groups have received roughly $14 million in cryptocurrencies in the last few days.

The average donation is $95, but one anonymous donor has recently given $3 million in Bitcoin.

“To those who want to help in bitcoin. Bitcoin is officially legit in Ukraine — just like this account and this retweet. Don’t mind the comments of our Russian ‘brothers,’” Long-time Ukrainian ambassador Olexander Scherba tweeted on Saturday.

Donations of Cryptocurrency to Ukraine Is Benefitting the Market

This might imply that the demand for Bitcoin and Ethereum by contributors drives the price stability seen in the crypto marketplaces. Purchasing BTC and ETH to support Ukraine may contribute to the ongoing crypto market rebound.

BuyUcoin wishes for the strength of today and hope for tomorrow. Stand with the people in their struggle. Help them donate by sending them crypto tokens for as little as ₹100 with BuyUcoin. With over one million clients, you can get the lowest price and best deals on Bitcoin and 150+ other cryptocurrencies. Start trading right now.

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