Support from Cryptocurrency Exchanges Managers to Ukraine

A number of crypto exchange executives continue to support Ukraine as Russia's invasion of Ukraine continues
 Support from Cryptocurrency Exchanges Managers to Ukraine
READING NOW Support from Cryptocurrency Exchanges Managers to Ukraine

A number of crypto exchange executives continue to support Ukraine as Russia’s invasion of Ukraine continues.

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Crypto.com CEO Kris Marszalek said the Singapore-based digital asset exchange has made a large donation to the Red Cross to support the country at war.

“Our thoughts are with the Ukrainian people and the innocent bystanders in the ongoing conflict. Crypto.com donated $1 million to the Red Cross. We urge our community to do whatever they can to support humanitarian efforts.”

Blockchain.com co-founder and CEO Peter Smith also expressed his support for Ukraine, promising that all Ukrainian users of the platform will waive transaction fees when buying, selling or exchanging their digital assets.

FTX CEO Sam Bankman-Fried also stepped in, providing $25 to every Ukrainian FTX user.

Binance CEO Changpeng Zhao, meanwhile, takes a different approach. The global crypto exchange provides on-site assistance to Ukrainians instead of using the platform.

“Our teams are constantly working on multiple charities. Money/crypto/fees are not important issues. On-site logistics, food, fuel, materials are needed. For refugees, accommodation, visa etc. Stay tuned. Binance is apolitical, we only care about people.”

Binance later announced that it has donated $10 million and launched the Ukraine Emergency Fund due to the humanitarian crisis in Ukraine.

Ethereum co-founder Vitalik Buterin said the leading smart contract platform will remain neutral despite its strong opinion on the matter.

“Reminder: Ethereum is neutral but I am not.”

Buterin recently condemned Russian President Vladimir Putin for his attack on Ukraine.

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