#bstockscis Binance CIS (Binance СНД) is a regional arm of the cryptocurrency exchange Binance that was responsible for developing the business, supporting users, and operating in the CIS countries (including Ukraine, Kazakhstan, Uzbekistan, etc.).
#bstocscis Key facts:
Localization and support: Provided Ukrainian- and Russian-language support, integrated with local banking cards and payments (hryvnia, tenge, etc.), and helped develop the community on Telegram/Socials.
P2P trading: Was one of the main platforms for direct exchange of crypto for the region’s fiat currencies.
@BinanceCIS Exit from Russia: In September 2023, Binance announced a full exit from the Russian market and the sale of its Russian exchange business, CommEX, which significantly changed the structure and focus of the Binance CIS regional hub.
Current status: Today, Binance focuses on operating in specific countries according to local legislation (e.g., Binance Kazakhstan has a local AIFC license), minimizing the use of the general “CIS” brand.