Binance cryptocurrency exchange has launched a crypto card for Ukrainians that will cost $75 per month.

The card can be used by all Ukrainians who left Ukraine during a large-scale Russian invasion. The novelty applies to both already active users of the service and those who plan to register on the exchange.

Cardholders will be able to conduct cryptocurrency transactions – buy and sell currency on the Binance exchange, as well as pay for services and goods in European stores.

– Refugees vetted by local nonprofits and applying for Binance Refugee cryptocurrency cards will receive 75 BUSD equivalent to $75 per month for three months. In the statement, it was stated that the cryptocurrency BUSD will be automatically converted to the local currency when paid by card.

To get a card you must Sign up with Binance – this must be done at the address of residence in Ukraine. Registration and receipt of the card is free.

Ukrainians will also have to pass a standard KYC identity test required for banks and financial companies to operate.