CoinsPaid: Calling the Crypto Industry to Join our Ukraine Support Initiative

CoinsPaid
2 min readMar 8, 2022

Dear crypto community,

With this statement, we would like to outline our stance on the war in Ukraine.

Our position

First of all, we are confident that this is a military invasion into the democratic sovereign country of Ukraine. We firmly believe it is a threat to democracy in Europe and a tragedy for the whole world.

Our judgement cannot be black or white when it comes to people. We are against national animosity. In our company, all nationalities work in unison to create great products. We think that hatred does not solve modern challenges and leads to more aggression and violence. In CoinsPaid, we are colleagues, teammates, and friends.

As a licensed European company, we follow respective policies and recommendations as well as track the sanctions list of legal entities and individuals. Nevertheless, we will try to support sane people suffering due to their nationality.

CoinsPaid employees

Our people and technical resources are protected. Thanks to our relocation team, most of our people from Ukraine, Belarus, and Russia have relocated or are being transferred to more peaceful locations.

Join our Ukraine Support Initiative
We call crypto industry leaders to join our initiative to support Ukraine, as many others already have. We are working together with our partners to stop the war together. You also can join us in supporting Ukraine via governmental activity https://my.kuna.io/en/kunaid-ukraine or the Ukrainian crypto community-managed fund https://zsu.pay.whitepay.com/.

“Our international team has employees from 15 countries, including Ukraine, Belarus, and Russia. Unfortunately, once fraternal people are forced into the apolitical game but we all hope this war ends soon and we wake up in peace” — Max Krupyshev, CEO at CoinsPaid.

About CoinsPaid

CoinsPaid is a versatile financial ecosystem, a leading solution for merchants and businesses, making crypto payments safe and easy.

CoinsPaid’s mission is to blur the line between real-world business and decentralised finance as the next step in the company’s objectives of simplifying global cryptocurrency payments. Today, 7% of all on-chain Bitcoin transactions are fully processed by CoinsPaid. The payment gateway company clientele spans more than 800 merchants and over 6 million customers.

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CoinsPaid

CoinsPaid is a crypto-financial ecosystem including a cryptocurrency wallet, payment processor, exchange with OTC desk, a hot wallet system for businesses