Make at least 50.000$ monthly trading crypto Follow professional Trading signals for FREE. I'm going in!

Over $7M in crypto donations come to Ukraine after airdrop announcement

2 min reading

Start making MONEY trading crypto! Follow professional Trading signals for FREE >>> JOIN

On 3 March, Ukraine announced an airdrop of cryptocurrency as part of its fundraising efforts to defend itself against the Russian invasion.

SS-44.jpeg https://www.freepikcompany.com/legal

In general, crypto airdrops are used to send free tokens of digital currencies to people in order to encourage the adoption of the currency. However, it is still not clear how Ukraine's airdrop will look. An appeal made over the weekend by Ukraine on social media led to the country receiving around $33 million dollars in bitcoin and other cryptocurrencies.

  • An appeal made over the weekend by Ukraine on social media led to the country receiving around $33 million dollars in bitcoin and other cryptocurrencies.
  • A total of $33 million had already been donated in crypto to the Ukrainian war effort before the airdrop.
  • The details of Ukraine's airdrop are still unknown. Ukraine has announced that any Russian soldier who surrenders would receive approximately $48,000 for his service. Crypto may play an important role in this process.
  • It has been stated by the Ukrainian tax authorities that captured Russian equipment such as tanks are not taxable income because they were acquired "not through any kind of transaction."
  •  In Ukraine, airdrops are most likely taxable for residents under current guidance. In regards to the tax liability of a captured Russian tank, the tax authorities have not been clear.

Also, Read - Apple Pay to stop service for Russian banks sanctioned for Ukraine war


Currency Exchange rate Buy cryptocurrency

TradingSignals News
Start making MONEY trading crypto! Follow professional Trading signals for FREE >>> JOIN

Dear customer,

We use cookies to provide our services correctly and safely. Cookies are small text-based data sets that shall be saved on the device you are using in connection with the use of this instnat website. Cookies are created in order to ensure proper functioning of thes instant website. By clicking the button "I accept and go to the website", you implicitly agree to creation of the cookies on your computer and to deploy automatic tracking and data collection and processing on behalf of the TradingSignals.ai (www.TradingSignals.ai). Click the above-captioned button is also tantamount to accepting website's privacy policy. Closing the notification by means of "X" is unequivocally connected with your consent. If you do not agree to any of the above, please discontinue using our Website.

“Cookies” shall make an identification of the software used by you and to customization of this instant website to your needs. Cookies contain the name of the domain from which they origin, duration of period of their storage on your computer and an assigned value.

Third party cookies:
We also use third-party cookies for the following purposes:

  • creating statistics - helping to understand the way Users use the Website, which allows to improve its structure and content with use of the analytical tools
  • defining a user profile - in order to display custom-tailored content in advertising networks.

External entities that might be source of any third-party cookies on this instant Website are as follows:

Using a settings of your web browser or by using pre-set configuration tools available in our service you can independently and at any time change the settings concerning your use of the “cookies”, specifying the conditionsof their storage and how your device is creating and downloading them. These settings can be changed to block the automatic handling of cookies in the settings of your web browser or inform about their placement on your device each time.

Detailed information about the options related to use of “cookies” is available in the settings of your software (web browser).

Service privacy policy

This instant document lays out the principles of the Privacy Policy on the news.tradingsignals.ai/news/pl website (hereinafter referred to as the "Website" or "Service"). The administrator of the Website is TradingSignals.ai c/o Fintech Labs Global Solutions, Unit 303, Ile Du Port, Mahe, Seychelles

The full document to read the TradingSignals privacy policy is available in this document.

Advanced settings can be changed in your browser.