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#Russia #Binance

Binance asked users from Russia to close positions by December 29

Binance has asked Russian users to close their positions by December 29. The cryptocurrency exchange has sent out the latest reminders to Russian clients about the need to migrate their accounts and withdraw funds. The official Binance support service confirmed the authenticity of the letters to RBC Crypto editors.

The exchange warns that starting from December 29, 2023, all open positions will be gradually closed. The Binance team asks Russians to settle all outstanding liabilities, close all positions and withdraw funds to CommEX or any other crypto platform without restrictions.

The tech support explained that letters about closing positions are sent to those whose "location is temporarily or permanently determined on the territory of the Russian Federation".

RBC

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Exchange where we recommend to go if you have Russian KYC:
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