简体中文
繁體中文
English
Pусский
日本語
ภาษาไทย
Tiếng Việt
Bahasa Indonesia
Español
हिन्दी
Filippiiniläinen
Français
Deutsch
Português
Türkçe
한국어
العربية
Abstract:A Ukrainian refugee has reached Poland with approximately 40% of his life savings held in Bitcoin.
A Ukrainian refugee, who goes by the pseudonym Fadey, has reached Poland with $2,000 worth of Bitcoin held in a USB drive.
“I couldn‘t withdraw cash at all, because queues to ATMs were so long, and I couldn’t wait that much time,” Fadey told CNBC. The funds reportedly represent approximately 40% of his life savings. “I could just write my seed phrase on a piece of paper and take it with me.”
Fadey also said that he made a peer-to-peer exchange with a friend, and traded $600 worth of his Bitcoin savings for Polands national currency, złoty.
He used these funds to pay for transport into Poland, a hostel, and some food.
Fadey added that he was unable to transfer his traditional funds to Poland—hence the importance of crypto to his financial welfare.
Other than his Bitcoin holdings, Fadey also holds an undisclosed amount of the privacy cryptocurrency Monero on Binance.
Fadey‘s story is just one part of Ukraine’s growing reliance on cryptocurrencies in the wake of Russias invasion last month.
On February 26, 2022, just two days after Russias invasion of Ukraine began, the Ukrainian government announced that it was receiving donations in Bitcoin and Ethereum. Per blockchain records, these addresses have received over $15 million and $24 million in Bitcoin and Ethereum, respectively.
Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.
Currency movements—whether a currency strengthens or weakens—are critical indicators of a country's economic health and its position in the global market. In this article, we explore what these movements imply, and how they influence a country’s economic landscape.
As equity markets plummet, some are turning their attention to the forex market, intrigued by its potential as a more resilient alternative. But is forex truly a safer bet in turbulent times, or is it just another risky endeavour?
Interactive Brokers is a well-established stock broker compared to many of its peers like Wellbull and offering a large selection of tradable securities, and it offers $0 per share on stock and ETFs (for U.S residents only) with its IBKR Lite plan. Besides, it also offers the most advanced platforms to foster superb trading experience. In this way, Interactive Brokers features the largest clientele compared to its competitors, like Robinhood, Fidelity and Charles Schwab, over 2.6 million institutional and individual brokerage customers.
Dukascopy, a Swiss forex broker, has broadened its offerings to include Italian stocks and the Italy 40 Index, providing clients with an expanded array of investment opportunities in the Italian market.