Today it became known about the departure of Binance from the Russian Federation,
The global ecosystem of Changpeng Zhao (CZ) has entered into an agreement to transfer existing commercial activities in the Russian Federation to CommEX. The press release emphasizes that the transition will be carried out with the highest care and precision, so it will take up to one year until the plan is fully implemented.
It is emphasized that this decision was made after careful analysis and planning to ensure a smooth and painless transition of the ru-segment to the new platform. The reason is said to be “the incompatibility of work in Russia with the corporate strategy for compliance.”
No changes will be made until the full transition to the new platform is completed and all services stop working as normal.
Against the backdrop of such news, the attention of the crypto community was immediately drawn to the buyer of the CZ exchange - the CommEX platform.
There are a couple of very interesting facts about this site.
Let's start with the fact that it was born quite recently - the domain was purchased on September 22, and the functionality itself (by the way, very similar to Binance) began working just a day ago.
CZ hastened to reassure users, stating that the transition will be as smooth and painless as possible, and also (in passing) offered all BNB holders on CommEX a 25% discount on trading commissions.
At the same time, the cryptans managed to communicate with the administrators of the Russian-language chat of this exchange, as a result of which it turned out that the company is legally based in the Seychelles and is focused on serving users from the CIS and Asia.
At the same time, the similar name to the Kazakh legal entity is just a coincidence.
The admins also shared their plans for the foreseeable future of CommEX, noting that replenishment in rubles will be available on the platform, and withdrawal limits for unverified clients will be limited to 2 BTC.
At the same time, the exchange can be used without KYC - personal identification will only be needed for P2P and fiat transactions.
It is noted that a fully functional mobile application for iOS and Android will appear very soon.
Ultimately, most representatives of the Bitcoin community agree that the departure of Binance is in fact just a “rebranding and change of sign,” and the platform will continue to operate as before under a new name.
In general, there is no reason to worry...
P.S. This article partially or fully uses materials from our website prometheus.ru without copy-paste, copyright infringement or other people's thoughts.
