"Making sure our services are transparent, fully regulated and provided in accordance with all applicable laws is and has always been our top priority. "On our platform, some users may experience limitations arising from sanctions imposed on specific banks," it added. Since 2019, Binance has allowed users to deposit and withdraw Russian roubles via payments company Advcash.Īdvcash, which is headquartered in Belize, told Reuters that users would be able to continue to make instant deposits and withdrawals on Binance via its digital wallets. While the interface is similar for both platforms, the desktop app quickly. One key difference between the Binance website and the desktop app is the overall user experience. Faster loading times and smoother user experience for a better trading experience. Russia is a major market for Binance, with over 113,000 members of its Russian-language Telegram channel. Here are some of the advantages you get when you download the Binance desktop app. Crypto was meant to provide greater financial freedom for people across the globe."īinance, the world's largest cryptocurrency exchange, said last month it wanted to expand in Russia and neighbouring states. "It's crucial to freeze not only the addresses linked to Russian and Belarusian politicians, but also to sabotage ordinary users," he wrote.Ī separate Binance representative told Reuters: "We are not going to unilaterally freeze millions of innocent users' accounts.
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