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Bitcoin exchange WhiteBIT announces integration with Diya

This will help raise more cryptocurrency donations for the needs of war victims in Ukraine.

Bitcoin exchange WhiteBIT announces integration with Diya
Photo: Diia

The WhiteBIT cryptocurrency exchange announced its integration with the Ukrainian portal of public services “Diya”. This was reported to ForkLog in the press service of the company.

Cryptocurrency exchanges in Ukraine attract multimillion-dollar funding to buy weapons for Ukraine, help refugees swiftly carry money across borders and overall overcome the effects of the Russian invasion of Ukraine. In particular, after the legalization of the cryptocurrency market in Ukraine, WhiteBIT promptly launched integration with the Ukrainian portal of public services “Diya” so that as many Ukrainians as possible could get access to the cryptocurrency market. This, in turn, allows cryptocurrencies to support the Ukrainian economy in a state of war, as people from all over the world now have the opportunity to send money to support Ukraine in a fast, convenient and anonymous manner. Over the last couple of weeks, Ukraine's crypto fund has raised USD52 million.

According to the Company, thanks to the integration, identity verification (KYC-procedure) on WhiteBIT now takes less than one minute for users from Ukraine. To pass KYC, you need to press the appropriate button in the Diya application and confirm the transfer of copies of digital documents. WhiteBIT is an AAA company with the highest standards of encryption and security of users' personal data. These developments are also used within this innovation.

"During the war, cryptocurrency became a powerful tool to strengthen the defense capabilities of our country. It allows the government to raise money for humanitarian aid, as well as for the needs of the Ukrainian Armed Forces. People from all over the world are happy to support Ukraine via donations of their cryptocurrencies. We do not want to stand aside, but rather strive to be the first in the line to innovate and simplify any interaction with WhiteBIT for our users. After all, it also helps the Ukrainian economy, the Ukrainian Army and all people in need. We are glad that the state is becoming a convenient service to its citizens, and our cooperation with the Ministry of Digital Transformation confirms this. Now our clients can go through the verification procedure in two clicks", - said WhiteBIT CEO Volodymyr Nosov.

In addition, WhiteBIT said that the company has created a joint project with WhitePay, where anyone can choose from more than 90 cryptocurrencies and send funds to support the Ministry of Health of Ukraine and the Armed Forces of Ukraine.

WhiteBIT also noted that the company's integration with Diya sets a good example for “co-beneficial” cooperation between government–business by virtue of institutional innovation. WhiteBIT is convinced that such cooperation should be actively developed in the future, as it also contributes to bringing peace to Ukraine.

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WhiteBIT is a centralized crypto-to-fiat exchange with a team of 350+ members. The company's main goal is to achieve the mass-adoption of blockchain technology and expand the crypto community by providing a secure and easy-to-use trading platform.

WhiteBIT - the largest cryptocurrency exchange in Europe, which is a leader in Ukraine, meets all KYC and AML requirements, used by more than 2 million customers.

As of today, WhiteBIT is in the top 2 security exchanges in the world with an AAA rating, as rated by an independent Hacken audit.

The trading and matching engines based on cutting-edge technologies guarantee quick deposits and withdrawals as well as orderbook performance. Deposits and withdrawals are made via Visa and Mastercard, as well as via partner payment systems. Deposits with a Monobank card are free of charge.

Diya is a platform that provides a new level of interaction between the state and citizens: convenient and always at hand in a smartphone.

Via this platform, Ukrainian citizens can receive 72 government services online, while 13 digital documents and 15 services are available via mobile application.

The following documents are available via mobile application: national ID-card, international biometric Ukrainian passport, driving license, vehicle registration certificate, vehicle insurance policy, student ID, tax number (RNOKPP), birth certificate, and COVID-certificates. One to the most recent revolutionary developments – DiyaSign, a secure electronic signature in a smartphone.

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