Binance recommended Russian users withdraw funds faster. All positions were required to be closed by December 29; From this day onwards, open positions will be gradually closed. In the fall, the crypto exchange announced its withdrawal from the Russian market.

Binance recommended Russian users withdraw funds faster

Cryptocurrency exchange Binance reminded users in Russia of the need to withdraw funds. Starting December 29, open positions will be gradually closed, RBC writes with reference to the company’s support service.

Binance requests to settle outstanding obligations on time and withdraw funds to any other crypto platform. The company sent corresponding letters to users whose location is determined to be in the Russian Federation.

In the fall, Finance announced its withdrawal from the Russian market. It was later learned that the cryptocurrency exchange business would be sold to the CommEX platform.

Additionally, the Binance cryptocurrency exchange will stop supporting the Russian national currency and will stop listing it in trading pairs.

Author:

Kirill Bilyk

Source: RB

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I am a professional journalist and content creator with extensive experience writing for news websites. I currently work as an author at Gadget Onus, where I specialize in covering hot news topics. My written pieces have been published on some of the biggest media outlets around the world, including The Guardian and BBC News.

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