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Nah, it's your take that is ill-informed. If you want to convert rubles to crypto, you just do P2P on the Binance or on any other exchange. Basically, exchange
by reisse 3y ago
Nah, it's your take that is ill-informed.
If you want to convert rubles to crypto, you just do P2P on the Binance or on any other exchange. Basically, exchange provides a list of verified merchants to whom you can deposit rubles directly via any kind of means (card-to-card, FPS, cash, you name it), and these merchants top up your crypto wallet. It takes like two minutes to buy USDT. And it also works in other direction.
As for deposits, there was no reasonable way to deposit rubles on Binance anyway since VISA and Mastercard blocked international payments. Now it's just cleaning up the leftovers so Binance can legally say "we don't work with Russia anymore".