The world’s leading peer-to-peer Bitcoin exchange LocalBitcoins has announced that it has decided to remove all transaction fees for its Ukrainian users, both in Ukraine and abroad, until further notice.
The announcement was published on the exchange’s Twitter account the previous day.
Ukrainian users instant Bitcoin to Ukraine with no transaction fees from anywhere in the world, regardless of location They will get the option to buy (BTC) as well as the ability to quickly convert BTC to Ukrainian hryvnia.
LocalBitcoins Marketing Director Jukka Blomberg said:
“The core value of LocalBitcoins is freedom. We understand that at the moment Ukraine is facing extremely difficult times. Therefore, LocalBitcoins has removed all transaction fees from its Ukrainian users.”
As a result of this announcement (and other positive developments), the trading volume of Ukraine’s national currency (Ukrainian hryvnia) has reached record highs in the crypto market. Notable results were recorded on LocalBitcoins and Binance, as well as Kuna, a leading Ukrainian exchange.
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