10 min

Even easier, even more convenient

Even easier, even more convenient

Your user experience is our top priority. Guided by this principle, we constantly implement updates to improve your experience and pursue integrations that help us provide you with genuinely convenient services.

Today, we’re excited to announce that we have integrated with MoneyGram Access™. Powered by the Stellar blockchain, activated by MoneyGram’s retail agent network, and leveraging Circle’s fully reserved USDC, this service enables our users to convert digital currency to physical cash. We now allow you to convert USDC into UAH, USD, and EUR directly at participating MoneyGram agent locations.

Now, our users can conveniently convert USDC on Stellar into UAH, EUR, and USD in cash at participating MoneyGram agent locations throughout Ukraine. The service is available only for users residing in Ukraine.

For eligible users, the whole process consists of the following steps:

  • Go to the Main balance of your WhiteBIT account.
  • Find USDC and click “Withdraw”;

  • Choose MoneyGram;
  • You will see the “Exchange USDC cash via MoneyGram” button if KYC is passed on Ukrainian documents;
  • Specify the withdrawal amount in USDC;

  • Choose the currency in which you want to receive cash in the next window;
  • Pass identity verification in MoneyGram.

Please note that the exchange rate of USDC to fiat is calculated by MoneyGram.

  • Return to the exchange and confirm the withdrawal with the code from your email and 2FA code.

You can also track the status of your request. Go to your WhiteBIT account, open “History”, and click “Details”. You will see the “MoneyGram Track Status” and a tracking link. Follow it to check the status of your request and the reference number.

When you go to the participating MoneyGram location to pick up your cash, bring your reference number and ID for verification.

Last but not least, MoneyGram will offer this as a zero-fee service until June 2024!

How cool is that?

Share to
Published by
Author: WhiteBIT WhiteBIT
The whole world of cryptocurrencies in your pocket
Always at your fingertips

Recent Articles

WhiteBIT EU Secures MiCA License in Austria, Expanding Regulated Crypto Services Across Europe

WB-Shield Innovations GmbH, operating as WhiteBIT EU, announced today that it has obtained authorization ...

New Long-Term Crypto Lending Plans with Flexible Early Withdrawal

We make sure that you have even more opportunities to implement a long-term strategy together with WhiteB...

What Is Branchless Banking and How Does It Differ from On-Site Banking?

Branchless banking is reshaping how billions of people access financial services — and for anyone working...

From HR to Human Capital: How Web3 Is Changing People Management

Companies have long measured competitiveness through technology, products, and financial resources. But i...

What Is An Aggregator In Crypto?

Key points from the article: DeFi aggregators consolidate various crypto services and protocols into a si...

More News

Go to the Category
AML checks are now available for Tron!

What Tron? With Kevin Flynn? Oh, come on, you can now check Tron's addresses on our AML service page.

How Does Bitcoin Halving Work and Why Is It Important?

Bitcoin, the revolutionary digital currency, has captured the imagination of investors, tech enthusiasts,...

WhiteBIT Joins Fireblocks Network Link

We are delighted to announce that WhiteBIThas finished the integration with Fireblocks Network Link. This...

What is Blockchain Consensus Mechanisms?

Upon first encountering blockchain technology, one fundamental question immediately springs to mind: how ...

What Is a Crypto Prime Broker And How To Choose The Right One?

Imagine managing multiple positions on a crypto exchange, providing collateral in a DeFi protocol, and ex...

Download App

scan the QR code