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Binance adds the option to trade cryptocurrency against the Russian ruble

Posted on October 28, 2022 by admin

Binance adds the option to trade cryptocurrency against the Russian ruble

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Answer Binance adds the option to trade cryptocurrency against the Russian ruble

Binance, the leading cryptocurrency trading platform, has announced the availability and addition of the option to trade cryptocurrencies against the Russian ruble on its platform.

references The platform notes that this move will allow individuals to deposit and withdraw rubles in addition to buying Bitcoin (BTC), Ethereum (ETH) and Ripple (XRP) using Russia’s local currency.

The move comes after Binance cooperated with the electronic payments platform (AdvCash), where the latter charges 3 percent for each deposit and 2.5 percent in addition to 50 rubles for each withdrawal.

she claims AdvCash claims that it offers “faster” and “cheaper” payments than traditional financial options and that it has a regular bank account.

Read:Banking giant BBVA launches bitcoin trading services in Switzerland

It is worth noting that the founder of Binance previously indicated the platform’s intention to support the Russian ruble on October 21.

The ruble is the second fiat currency supported by Binance after the addition of the Nigerian Naira coin last week.

Note that the Binance platform was famous for providing the service of trading cryptocurrencies in exchange for cryptocurrencies only, but it started offering new options for buying cryptocurrencies against bank transfer or via credit cards.

Read:Today is the monthly closing date: Bitcoin is on track to record its first monthly decline since January 2022

It is expected that the Binance platform will succeed in attracting new users after adding the option to trade cryptocurrencies against local currencies.

  • Soon… the Binance platform will add the option to trade cryptocurrencies against local currencies (such as the Saudi riyal)


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