June 16, 2024

Binance opened internal transfers and trading pairs with the ruble

The Binance cryptocurrency exchange has opened the possibility for clients of internal free transfers between accounts,and also added four trading pairs with the Russian ruble.

As Binance stated on its website, ifthe user transfers crypto assets from the cryptocurrency address of his Binance account to the address corresponding to the account of another exchange user, this action will be regarded as an internal transfer. Such transactions will be completed instantly and without commissions. In addition, when processing them, you will not need to wait for confirmation in the blockchain.

The exchange clarified that the function of internal transferscan be activated and disabled using the API. The exchange management also published instructions on how users can send transfers to each other.

Binance also added trading pairs with the Russian ruble: BNB / RUB, BTC / RUB, ETH / RUB and XRP / RUB. About a month ago, couples with the Turkish lira and Nigerian naira appeared on the exchange.

In recent months, Binance has become activeadvance in the Russian market. For example, in early November, the exchange announced cooperation with the AdvCash payment system for depositing and withdrawing rubles. Earlier, Binance CEO Changpeng Zhao said that the exchange is interested in developing in the Russian market, given the pace of its development in the field of digital technologies.