Binance P2P Drops Support for RUB Pairs Post CommEX Sale

Binance
P2P has decided to discontinue support for Russian Ruble (RUB) trading pairs,
including pairs like USDT/RUB and BTC/RUB, effective from January 31, 2024,
00:00 (UTC). This decision follows Binance’s sale of its Russian operations to
CommEX.

Binance
P2P Users Shift to CommEX Without Charges

Post
the discontinuation, users looking to engage in P2P trading with Russian Ruble
can seamlessly transition to the CommEX platform. By registering or logging
into a CommEX account and connecting it to their corresponding Binance account,
users can transfer their assets and continue P2P trading with RUB on CommEX
without any additional charges.

To
facilitate the transition, Binance has provided alternative options for users.
They can choose to withdraw their Russian Rubles through Binance’s fiat
partners before the specified date, convert RUB into crypto using Binance
Convert, or opt for trading Russian Rubles for crypto on the Binance Spot
market.

(Expect
ongoing updates as this story evolves.)

This article was written by Tareq Sikder at www.financemagnates.com.

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