December 5, 2022

Binance will continue to serve users from Russia

Binance will continue to serve users from Russia

Bloomberg, citing its sources, said this week that the EU is preparing a new sanctions package. against Moscow.

Brussels is considering options for a total banfor Russians to transfer funds in cryptocurrencies. In particular, citizens of the Russian Federation will not be able to use the services of bitcoin wallets and crypto exchanges registered in the eurozone.

However, the day before, the largest crypto exchange Binance stated that it is not yet preparing any additional restrictions on Russian individuals and legal entities.

At the beginning of October, the trading platform operates in the Russian Federation as usual, and all types of services are available to its users.

However, the Binance administration adheres tosanctions regime. In addition, the company reminds that it fully complies with anti-money laundering legislation and ensures maximum transparency so that all users of the platform are identified.

As a reminder, from April 21, 2022, there is a limit on transactions up to 10,000 euros for citizens of the Russian Federation on Binance.

Where is it more profitable to buy cryptocurrency? TOP-5 exchanges

For a safe and convenient purchase of cryptocurrencies with a minimum commission, we have prepared a rating of the most reliable and popular cryptocurrency exchanges that support deposit and withdrawal of funds in rubles, hryvnias, dollars and euros.

The reliability of the site is primarily determined bytrading volume and number of users. By all key metrics, the largest crypto exchange in the world is Binance. The platform supports transfers in rubles from bank cards Visa / MasterCard and payment systems Advcash, payer, QIWI.

Especially for beginners, we have prepared a detailed guide: How to buy bitcoin on a crypto exchange for rubles?

Rating of cryptocurrency exchanges:

# Exchange: Website: Rating:
1 Binance 9.7
2 Bybit 8.5
3 Huobi 8.4
4 Bitget 7.8
5 AAX 6.9

The criteria by which the rating is set in our rating of crypto-exchanges:

  • Work reliability - stability of access to all platform functions, including uninterrupted trading, deposit and withdrawal of funds, as well as the period of work on the market and the daily trading volume.
  • Commissions - the size of the commission for trading operations within the site and the withdrawal of assets.
  • Additional features and services - futures, options, staking, NFT marketplace.
  • Feedback and support - we analyze user reviews and the quality of technical support.
  • Convenience of the interface - we evaluate the functionality and intuitiveness of the interface, possible errors and failures when working with the exchange.
  • final grade - the average number of points for all indicators, determines the place in the rating.

Binance will continue to serve users from Russia