Cryptocurrency Exchange to Sponsor Ukraine’s National Soccer Team
Cryptocurrency Exchange to Sponsor Ukraine’s National Soccer Team
Ukraine’s national soccer team has secured a sponsorship deal with a player from the industry that wants to engage fans and promote adoption of cryptocurrencies. As part of the agreement, an EU-based coin trading platform will be the team’s crypto partner for the next three years. Whitebit Exchange Aims to Expand Ukraine’s Crypto Community by Engaging Soccer Fans
Whitebit, a European cryptocurrency exchange with Ukrainian roots, has agreed to a long-term partnership with the national soccer team of Ukraine. Under the deal, its logo will be featured during the team’s matches, the crypto news outlet Forklog reported, quoting the company.
“We are on the same field with football fans, so we are simply delighted, because we have just entered into a partnership with the National Football Team of Ukraine. With this, we will support Ukrainian sports and expand the Ukrainian crypto community,” the trading platform said in a blog post.
Whitebit becomes the team’s official crypto partner until 2026. During that period, the exchange will hold various entertainment and educational events for those who want to learn more about blockchain as well as competitions for supporters in the House of Football in Kyiv.
The plan is to engage soccer fans in joint projects to promote widespread use of cryptocurrencies in Ukraine’s sports sector and in the country in general. In the past few years, the Eastern European nation established itself as a regional leader in terms of crypto adoption.
Since the start of Russia’s invasion, Ukraine has been relying on donations in a number of coins to fund humanitarian and defense efforts. The crypto industry has provided support and Whitebit, along with the world’s largest crypto exchange, Binance, was one of the companies that offered help.
“We are confident that as a result of our partnership, even more people will discover cryptocurrencies, their convenience and accessibility,” commented Volodymyr Nosov, chief executive of the Lithuania-based Whitebit.
This is not Whitebit’s first endeavor in the world of football. In December 2022, the exchange became official partner of Spain’s soccer giant Barcelona. Now, it pointed out that while the main goal for its partners is to attract their supporters to the latest technologies, its efforts are aimed at spreading cryptocurrency and blockchain. Tags in this story agreement, Crypto, Crypto Adoption, crypto exchange, Cryptocurrencies, Cryptocurrency, Deal, Exchange, football, national team, partnership, soccer, Sponsorship, team, Ukraine, ukrainian, Whitebit
Do you think partnerships like this have the potential to help crypto adoption in Ukraine and around the world? Tell us in the comments section below. Lubomir Tassev
Lubomir Tassev is a journalist from tech-savvy Eastern Europe who likes Hitchens’s quote: “Being a writer is what I am, rather than what I do.” Besides crypto, blockchain and fintech, international politics and economics are two other sources of inspiration. Bill Gates Props Up AI Against Metaverse and Web3 Tech NEWS | 1 hour ago Bitconnect Victims to Receive Over $17 Million in Restitution From Ponzi Scheme NEWS | 3 hours ago
Image Credits: Shutterstock, Pixabay, Wiki Commons, Vitalii Vitleo / Shutterstock.com Previous articleSamsung’s Asset Management Arm Launches Bitcoin Futures ETF in Hong Kong Next articleBitconnect Victims to Receive Over $17 Million in Restitution From Ponzi Scheme Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article. Read disclaimerShow comments More Popular NewsIn Case You Missed ItToday"s Top Ethereum and Bitcoin Mining Devices Continue to Rake in Profits
As the crypto economy hovers just under $2 trillion in value, application-specific integrated circuit (ASIC) mining devices are making decent profits. While ASIC miners can still mine ethereum, a 1.5 gigahash (GH/s) Ethash mining device can rake in $51.58 per ... read more.Fidelity Investments Launches Crypto, Metaverse ETFs — Says "We Continue to See Demand" UAE Airliner Emirates to Launch NFTs and Experiences in the Metaverse Interest in Real Estate Investments in Spain Grew 400%, With Some Using Crypto and Stocks as Payment Method Microbt Reveals Latest Bitcoin Mining Rigs — Machines Produce up to 126 TH/s With Custom 5nm Chip Design