CryptoCurrency News - July 1, 2022

[PRESS RELEASE – Please Read Disclaimer]

While many Ukrainians are suffering from the consequences of the Russian invasion, a fintech company Utorg wants to make a difference. The company will launch an unprecedented support program providing all Ukrainians with an instant 5% bonus for every crypto purchase they make.


For one whole week, all Ukrainian users with the KYC Level 1 verification on Utorg are qualified to take advantage of the instant 5% bonus while buying crypto with UAH on the sites of Utorg’s partners (NEAR Protocol, OKX, zkSync, Wirex, Velas, WhiteBIT, and VeleroDAO) via Utorg’s widget. Both existing and new users can participate in this supportive program. However, it is mandatory to have the KYC Level 1 verification on Utorg.

To get the KYC Level 1 verification, a new user should purchase crypto on the platforms mentioned above. While doing this, the service will request the user verify their account by following two simple steps.

The first step requires a user to upload a photo of their actual Ukrainian ID card. Secondly, it is necessary to go through a liveness check while making a few turns of the head in front of a web camera. When the user completes these steps, the AI-based algorithm will automatically check all the information provided and send an email confirming the success of the verification.

Afterward, all subsequent crypto purchases will have a crypto reward displayed as a 5% bonus in the Order Details section on the checkout screen.

More detailed information about this program can be found here:

About Utorg

Utorg is a licensed virtual currency service provider operating in 187 countries. The company’s core product is a fiat-to-crypto payment widget embeddable into any Web3 product. It enables users to buy crypto using 10+ most popular payment methods (bank cards, instant bank transfers, Apple Pay, Google Pay, and local payment systems), which, together with the built-in AI-powered KYC, takes less than 3 minutes.


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