Binance, the world's largest cryptocurrency exchange by transaction volume, continues to lead the industry with the decisions it makes. Binance, which has been trying to solve the problems in the USA for a while, took a new step today.
Binance, which exited the Russian crypto market due to the US and European embargoes against Russia, announced today that it will completely remove the Russian Ruble (RUB) from P2P.
Binance included the following words in the announcement text it shared on the subject:
Due to the decision to exit in Russia through the sale of CommEX, Binance P2P will no longer support Russian Ruble (RUB) trading pairs.
USDT/RUB, BTC/RUB, FDUSD/RUB, BNB/RUB, ETH/RUB, BUSD/RUB and RUB/RUB P2P trading pairs will be removed as of 2024-01-31 03:00 (UTC).
From this date, users can continue P2P trading with Russian Ruble (RUB) on the CommEX platform for free.
To use CommEX for P2P trading, simply register or log in to a CommEX account and link 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.
Alternatively, users can withdraw Russian Rubles through Binance's fiat partners before 2024-01-31 03:00 (UTC), convert Russian Rubles to cryptocurrency on Binance Convert, or exchange Russian Rubles for cryptocurrency on the Binance Spot market.
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