#CommEX

[basechop]

Binance Urges Russian Users to Convert Rubles to Other Assets

Binance, the world's largest cryptocurrency exchange, has called on Russian users to convert their rubles to other assets by January 31. The cessation of ruble transaction support is part of Binance's decision to exit Russia and sell its local business, CommEX exchange. Binance will cease all services in Russian rubles, including cryptocurrency trading on the exchange, Binance Convert, and Binance Pay. Users are advised to exchange their remaining ruble assets for other available assets on Binance, convert rubles to cryptocurrency, or withdraw them through the exchange's partners before the termination of these services in rubles. Starting from February 1, 2024, at 11:00 MSK, any remaining ruble balances on users' accounts will be automatically converted to FDUSD stablecoins at the current exchange rate, according to the exchange's announcement. On January 30, 2024, at 11:00 MSK, Binance will delist all existing spot trading pairs with the ruble (BTC/RUB, USDT/RUB, and others). All open orders for these trading pairs will be automatically closed. Earlier, Binance announced the discontinuation of ruble transactions on its internal P2P platform and subsequently revealed the complete closure of the platform for Russian users. Disclaimer: The information provided is for informational purposes only and does not constitute financial advice. Users should conduct their own research and seek professional advice before making investment decisions. Read the full article

[cryptonewsweb]

Суточный объем P2P-сделок на бирже CommEX достиг 90 млн рублей

Спустя менее двух месяцев после запуска криптовалютной биржи CommEX суточный объем P2P-сделок на ней достиг 90 млн рублей, сообщили представители компании. Количество пользователей биржи превысило 200 000, а наиболее активные торги наблюдались в торговых парах RUB/USDT и RUB/BTC. Всего P2P-площадка CommEX поддерживает свыше 75 фиатных валют и пять криптовалют — USDT, BTC, ETH, BNB и DAI. CommEX…

[36crypto]

Binance Russian Chapter Closes: The CommEX Transition

The upcoming week, Binance Blockchain Week, is planned to be held in Istanbul, Turkey. The new Director of Marketing, Rachel Conlan, describes Turkey as a crypto-friendly country with a dynamic ecosystem for any industry. Bitcoin is the most popular cryptocurrency in Turkey, accounting for 71% of all crypto assets. Timeline of Events We all know that due to the Russian invasion of Ukraine on…

[ivan39]

#обзор Крипто Биржа #Commex

[lifefactsstuff-blog]

Binance to Exit Russia With Sale to Crypto Exchange CommEX

Binance to Exit Russia With Sale to Crypto Exchange CommEX Introduction Binance, one of the world’s largest cryptocurrency exchanges, has recently announced its decision to exit the Russian market. In a strategic move, Binance has chosen to sell its operations in Russia to CommEX, a rising player in the cryptocurrency exchange space. This decision comes amidst increasing regulatory scrutiny in…

[dailytomlinson]

Louis was wearing COMMEX DES GARÇONS X LACOSTE on the Faith in The Future Tour in Oslo, on September 1st. 

COMMES DES GARÇONS X LACOSTE RED ASYMMETRIC LOGO-PATCH POLO SHIRT

📸: Emmi

[coinmystique]

The brand new growth comes a day after CommEX formally launched on September 26, 2023.Binance, the world’s largest cryptocurrency change, has exited the Russian market, promoting its enterprise operations to CommEX, a digital belongings buying and selling platform.Whereas Binance didn't disclose the monetary phrases of the deal, the corporate assured its Russian customers that each one their belongings are protected and shall be securely protected throughout the transition course of, which is predicted to span as much as a 12 months.Binance to Begin Migrating Customers to CommEXAsserting the exit on September 27, Binance stated the transfer aligns with its dedication to compliance. The change disclosed that working in Russia now not aligns with its long-term targets.“As we look toward the future, we recognize that operating in Russia is not compatible with Binance’s compliance strategy. We remain confident in the long-term growth of the Web3 industry around the world and will focus our energy on the 100+ other countries in which we operate,” stated Noah Perlman, Binance’s chief compliance officer.To facilitate a easy transition for its customers, Binance will work intently with CommEX to information customers on how you can migrate their belongings to the newly established change.Based on the announcement, some Russian customers with accomplished Know Your Buyer (KYC) checks shall be redirected to CommEX instantly, with the remainder following steadily over the approaching months. Binance is dedicated to making sure a seamless person expertise throughout this transition interval.Binance Bids Farewell to RussiaBinance stated within the announcement that, not like sure worldwide firms which have maintained revenue-sharing preparations on comparable offers, the change has opted for a whole exit from Russia, with no ongoing monetary ties to CommEX and no choice to repurchase shares within the enterprise.The brand new growth comes a day after CommEX formally launched on September 26, 2023. The change goals to offer a spread of crypto buying and selling providers, together with spot, futures, and peer-to-peer (P2P) buying and selling. Initially catering to Russian customers, the platform presently provides its interface in Russian and English.Binance Terminates Sure Providers From Russian CustomersBinance has been within the technique of winding down its Russian operations for a while as a consequence of regulatory pressures and compliance challenges, together with Western sanctions towards Russia.In August 2023, the corporate took measures to limit Russian customers from buying and selling in currencies apart from the nation’s ruble. The change additionally stated on the time that it severed ties with 5 sanctioned Russian banks listed on its peer-to-peer (P2P) service, which facilitated ruble transfers.The transfer comes shortly after reviews of a United States Justice Division investigation into the corporate’s potential violation of monetary sanctions on Russia, regardless of its public dedication to compliance.Two of the corporate’s senior executives left the change earlier this month. Gleb Kostarev, head of Japanese Europe and Russia, and Vladimir Smerkis, common supervisor for Russia and Commonwealth Unbiased States (CIS), stepped down from their positions with out citing any tangible causes.subsequentBinance Information, Blockchain Information, Cryptocurrency Information, Information Chimamanda is a crypto fanatic and skilled author specializing in the dynamic world of cryptocurrencies. She joined the trade in 2019 and has since developed an curiosity within the rising financial system. She combines her ardour for blockchain expertise along with her love for journey and meals, bringing a recent and interesting perspective to her work. Thanks!You've got efficiently joined our subscriber record.

[fintimez]

Крипто Дайджест #29/03

Закрытие криптобиржи CommEX / Распродажа Mystiko на CoinList / Закрытие PGN-сети / Прекращение поддержки Fire Extension / Ситуация с биржей KuCoin / Топ-6 мемкоинов 2024

[reyx-baron]

Abstract：Binance, the world's largest cryptocurrency exchange, is exiting the Russian market, discontinuing RUB services amid regulatory pressures. Users can engage in P2P trading on CommEX and convert RUB holdings using Binance Convert during the off-boarding process.

[cryptonewsweb]

Binance добавила возможность перевода криптовалют на биржу CommEX с нулевой комиссией

Binance добавила опцию перевода активов на биржу CommEX с нулевой комиссией. На первом этапе поддерживаются BTC, ETH, BNB и USDT, но в будущем обещают добавить больше активов. Binance вводит нулевую комиссию за переводы криптовалют на биржу CommEX, которая станет преемницей Binance RU после ее ухода с российского рынка. Данное решение было принято в рамках расширения сотрудничества между двумя…

[thenewsart]

Binance to exit Russia and discontinue Ruble amid regulatory scrutiny

Share this article Binance, the world’s largest crypto exchange, has announced that it will discontinue support for its platform’s Russian Ruble (RUB) trading pairs starting January 31, 2024. This decision is part of Binance’s exit strategy from Russia following the sale of its local division to CommEX. Earlier this year, Binance sold its Russian exchange to local entity CommEX after coming…

[claudiaschiffersblog]

Binance припиняє підтримку рубля на P2P

Binance припиняє підтримку рубля на P2P з 31 січня 2024 року. Binance P2P більше не буде підтримувати торгові пари російський рубль (RUB), тобто USDT/RUB, BTC/RUB, FDUSD/RUB, BNB/RUB, ETH/RUB, BUSD/. P2P торгові пари RUB і RUB/RUB.

Біржа Binance припинить підтримку рубля на P2P з 31 січня 2024 року

Після цього користувачі зможуть безкоштовно продовжити P2P-торгівлю російськими рублями (RUB) на платформі CommEX. Щоб використовувати CommEX для P2P-торгівлі, потрібно пройти реєстрацію, або увійти в обліковий запис цієї біржі та під'єднати його до відповідного облікового запису Binance. Після завершення підключення користувачі зможуть перенести свої активи з Binance на CommEX і продовжити P2P-торгівлю російськими рублями (RUB) на CommEX. Також користувачі можуть вивести свої російські рублі через фіатних партнерів Binance до 31 січня 2024 р., 00:00 (UTC), конвертувати російські рублі в криптовалюту на Binance Convert, провести обмін рублів на криптовалюту на спотовому ринку Binance. Нагадаємо, що біржа повністю пішла з російського ринку і у неї тепер нове керівництво. Новий генеральний директор Binance Річард Тенг запевнив усіх у міцному фі��ансовому становищі біржі. За його словами, він прийняв цю роль, щоб продовжувати виправдовувати і перевершувати очікування зацікавлених сторін, одночасно досягаючи основної місії - свободи грошей. Binance та її колишній генеральний директор Чанпен Чжао визнали себе винними в порушенні санкцій США і боротьбі з відмиванням грошей у рамках всеосяжної угоди зі США, яка дозволяє криптовалютній біржі продовжувати роботу. Binance заплатить 4,3 мільярда доларів за однією з найбільших корпоративних угод в історії США. Чжао визнав себе винним у порушенні Закону про банківську таємницю у федеральному суді Сіетла. Йому заборонено залишати США до винесення вироку. Йому загрожує кілька років в'язниці, якщо звісно суд ухвалить таке рішення. Найімовірніше, він відбудеться штрафом і потім зможе покинути країну і повернутися в ОАЕ, куди раніше і планував виїхати. Read the full article

[bitcoincables]

Binance Ends Support for Ruble Trading Pairs and Expands Margin Trading Options

The world's largest cryptocurrency exchange, Binance, has made an important announcement regarding its support for trading pairs tied to the Russian ruble. Starting from January 31, 2024, Binance will no longer support certain ruble trading pairs, including BTC/RUB and ETH/RUB. This decision comes after Binance's exit from the Russian market and the sale of its local business to the crypto platform CommEX. This means that users who want to continue trading with the ruble can switch to CommEX or use Binance's options for withdrawing or converting rubles before the deadline. 📢🔄

In addition to the withdrawal of support for certain ruble trading pairs, Binance has made some new listings and expanded its Margin Trading program. It has introduced new tokens like PIVX and added them to its Margin Trading program, which allows leveraged trades with higher profit and risk potential. However, it is important to note that margin trading can bring greater profits with successful trades but can also lead to significant losses if the market moves in the opposite direction. 💼💰

These changes reflect Binance's ongoing efforts to adapt and expand its services in the ever-changing cryptocurrency market. While some trading pairs are being removed, new options are being introduced to provide users with more opportunities. It is essential for Russian users to take note of these changes and explore the available transition options to ensure a smooth trading experience. 💡📈

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#cryptocurrency #Binance