Binance's largest cryptocurrency completely abandoned the Russian ruble

The company has stated that withdrawal of funds in Russian currency will still be available by January 31, 2024. The world's largest Binance cryptocurrency has stopped supporting deposits in Russian rubles since November 15, 2023. This is stated on the company's official website. However, it is reported that the withdrawal of funds in the Russian currency will still be available by January 31, 2024.

"Users who have a fiat balance in Russian rubles can transfer their funds to the Commex platform without a commission," the company said. The company also noted that by the specified term it will be possible to deduce Russian rubles through fiat partners of Binance. In addition, it will be possible to convert or exchange Russian currency for cryptocurrency in the platform market. Recall that Binance is a blockchain system and an infrastructure supplier for the cryptocurrency industry.

It can be used to trade digital assets, investments and more. The Binance cryptocurrency exchange service was founded in 2017. It should be noted that on September 27, Binance declared a complete exit from Russia. The company reported that after leaving the Russian Federation, the service will have no receipt of sale and will not get the opportunity to buy a share in business.