May 3, 2024

How to bypass Binance restrictions on Russian bank cards?

How to bypass Binance restrictions on Russian bank cards?

Cryptocurrency exchange Binance has imposed further restrictions to prevent the use ofplatform for cards issued by sanctionedRussian banks. After the option to buy cryptocurrency directly from the cards disappeared on the platform, peer-to-peer trading remained the only option for customers, but it also becomes more difficult to use it.

Initially excluded from exchange optionsbanks that were indeed under sanctions. During the latest review of prohibited methods, Binance provided an exhaustive list, which included, among other things, those methods that are not directly related to sanctions:

  • Sberbank;
  • Gazprombank;
  • Alfa Bank;
  • Opening;
  • VTB;
  • Transfer from a bank card;
  • SBP;
  • Peace.

“After careful testing, the above methodspayments have been delisted from Binance P2P. All ads containing these payment methods were automatically closed by the system. Please select another available payment method",- says the exchange announcement.

To get around the new restrictions, Binance sellersP2P has so far tacitly agreed to use the “Transfers through a specific bank” option. Here you can still find offers using Sberbank, VTB, etc. cards. Some sellers use alternative designations, such as "SBRBANK", "SB" or "Green Bank".

How to bypass Binance restrictions on Russian bank cards?

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Although the search for a suitable ad is nowif you have to spend more time, it is still possible to exchange cryptocurrency through Binance P2P. In addition, transactions using Mir cards are still available in the "Transfers by card" section, despite their deactivation as an independent option.

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 deposits and withdrawals of funds inrubles, hryvnias, dollars and euros.

The reliability of the site is primarily determinedtrading volume and number of users. By all key metrics, the largest cryptocurrency exchange in the world is Binance. Binance is also the most popular crypto exchange in Russia and the CIS, since it has the largest cash turnover and supports transfers in rubles from bank cardsVisa / MasterCardand payment systemsQIWI, Advcash, Payeer.

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 (Editor's Choice) https://binance.com 9.7
2 Huobi https://huobi.com 7.4
3 Exmo https://exmo.me 6.9
4 OKEx https://okex.com 6.5
5 Bybit https://bybit.com 6.3

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

  • Work reliability&#8212; stability of access to all functions of the platform, including uninterrupted trading, deposits and withdrawals of funds, as well as the duration of the market and daily trading volume.
  • Commissions– the amount of commission for trading operations within the platform and withdrawal of assets.
  • Additional features and services&#8212; 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 ranking.

How to bypass Binance restrictions on Russian bank cards?

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