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Binance allowed deposits with Russian cards


April, 21 2023
watermark Economic news

The Binance crypto exchange has returned to users from Russia the opportunity to replenish deposits using Qiwi wallets and Russian bank cards.


The Binance support service states: «You can make a deposit on our platform using a Russian card via Qiwi. At the same time, all Visa, Mastercard and other cards issued in Russia are supported.»


Among the currencies that can be used to replenish the deposit, rubles, Turkish lira, British pounds, euros, Kazakhstani tenge, Australian dollar, Ukrainian hryvnia, Czech crown and a number of others are offered. At the same time, there is no US dollar.


Recall that in March last year, against the background of events in Ukraine, the crypto exchange announced the suspension of operations using Mastercard and Visa bank cards issued in Russia. In 2023, Binance also banned Russian citizens and persons residing in the country from making transactions with dollars and euros through the money transfer service between individuals (P2P) in connection with the tenth package of sanctions adopted by the EU.


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Foreign exchange trading carries a high risk of losing money due to leverage and may not be suitable for all investors. Before deciding to invest your money, you should carefully consider all the features associated with Forex, as well as your investment objectives, level of experience, and risk tolerance.
Foreign exchange trading carries a high risk of losing money due to leverage and may not be suitable for all investors. Before deciding to invest your money, you should carefully consider all the features associated with Forex, as well as your investment objectives, level of experience, and risk tolerance.