CommEX Regional Director Reveals Binance User Migration Details
On September 27, the Binance cryptocurrency exchange announced the closure of its Russian division and sold the business to CommEX. ForkLog talked with the regional director of the company in Russia and the CIS, Anton Toroptsev, who shared details of user migration and plans for the future.
Current issues
Regarding the transfer of old clients, the manager explained that the process will occur in stages. First of all, the platform will transfer standard account data: login, password and basic KYC information
“The longer and more complex process is implementing support for the assets that [clients] have on Binance. So far we don’t have many coins available for input, but we will gradually add more and more in order to gain critical mass by the time of the full transition,” Toroptsev emphasized.
The migration process itself will take about a year, the top manager said. With a fortunate combination of circumstances, he allowed it to be completed earlier, but much depends on the “readiness of the platform to accept all Binance users”#BTC #binance #commex #BNB #ETH
$BNB $BTC $USDC
On September 27, the Binance cryptocurrency exchange announced the closure of its Russian division and sold the business to CommEX. ForkLog talked with the regional director of the company in Russia and the CIS, Anton Toroptsev, who shared details of user migration and plans for the future.
Current issues
Regarding the transfer of old clients, the manager explained that the process will occur in stages. First of all, the platform will transfer standard account data: login, password and basic KYC information
“The longer and more complex process is implementing support for the assets that [clients] have on Binance. So far we don’t have many coins available for input, but we will gradually add more and more in order to gain critical mass by the time of the full transition,” Toroptsev emphasized.
The migration process itself will take about a year, the top manager said. With a fortunate combination of circumstances, he allowed it to be completed earlier, but much depends on the “readiness of the platform to accept all Binance users”#BTC #binance #commex #BNB #ETH
$BNB $BTC $USDC