Changpeng Zhao's platform has added the ability to transfer cryptocurrencies interest-free to a new platform.
Since October 13, the largest cryptocurrency exchange Binance has added the possibility of interest-free withdrawal of funds to the accounts of Russian users of the CommEx platform, to which the Russian business of Binance was previously sold.
The ability to transfer funds to a CommEx account has appeared in the exchange interface. Cryptocurrencies Bitcoin (BTC), Ethereum (ETH), BNB (BNB) and Tether USD (USDT) are available for interest-free transfers. According to CommEx representatives, the list of assets available for withdrawal will be expanded in the future.
Binance leaves Russia. Why did this happen and what should users do?
To make a transfer, you will need valid accounts on both platforms, while CommEx allows you to log in through an existing account on Binance. According to the site's support agent, account information and verification status will automatically be transferred from one site to another. Interest-free transfer works only unilaterally.
When asked how to handle open margin positions on Binance, a CommEx representative advises contacting Binance support. The head of the largest crypto exchange, Changpeng Zhao, previously promised to “do everything possible” to smoothly transfer Binance clients to the new platform.#binance