Binance to permanently suspend ruble on P2P platform
From Jan. 31, 2024, 00:00 UTC, the P2P platform of the Binance cryptocurrency exchange will stop supporting trading pairs with the Russian ruble . According to the statement, users can withdraw funds in this currency through the exchange’s fiat partners, convert them into cryptocurrency on Binance Convert, or exchange them on the spot market. The statement added that users can place orders of the Russian ruble on CommEX, which owns the Russian business of Binance. “To use CommEX for P2P trading, simply register for or log into the CommEX account and connect it to the corresponding Binance account. Once the connection is complete, users can transfer their assets from Binance to CommEX and continue P2P trading with Russian Ruble (RUB) on CommEX.” Binance announcement You might also like: Is Binance in trouble? In September, Binance announced it exited Russia and sold its business to CommEX. The exchange promised its Russian users a systematic transition ...