Binance to Stop Accepting Russian Ruble, Urges Users to Withdraw Funds Before January 2024
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Binance will stop accepting Russian ruble (RUB) deposits on November 15, 2023.
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RUB withdrawals will be terminated on January 31, 2024. Users advised to withdraw funds.
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Users can transfer RUB funds to new crypto exchange CommEX which acquired Binance's Russian division.
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CommEX withdrawals will be zero-fee. Other options include converting RUB to crypto or trading on Binance Spot.
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Binance denies allegations of ties between itself and CommEX after selling Russian division to CommEX in September 2023.