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Binance has indirectly resumed support for Russian bank cards through payment providers

2023-04-24 00:19:28
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ChainCatcher message, Binance has enabled Russians to buy/sell cryptocurrency using bank cards and e-wallets. The exchange accepts deposits to top up ruble balances, but not directly; instead, it is done through the Qiwi payment provider. The platform charges a fee of 1.2% on the input amount. The trading platform also supports withdrawing rubles to bank cards via Qiwi.

Previously reported, a representative from Binance stated that all restrictions related to sanctions against Russian citizens currently apply fully to the platform and its legal entities in the EU. According to the sanctions rules, Binance entities registered in the EU are prohibited from providing services to Russian citizens. (Source link)

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