now only withdrawal for users with assets over 10 thousand euros

One of the most popular cryptocurrency exchanges Binance announced new restrictions: Binance restricts access to its services to those users who live in Russia and have assets worth more than 10 thousand euros.

For users who fit these criteria, only the withdrawal function will now be available. This information was published in Binance technical support chat.

Once such Russian users’ accounts are put in “withdrawal-only” mode, they will not be able to trade on Binance or deposit additional funds into their accounts.

Binance also added that it would support the sanctions if the international community demanded it, but for now it has no plans to stop operating in Russia.

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