A number of media outlets, citing technical support of the Binance cryptocurrency exchange, reported the lifting of the €10,000 limit on the deposit amount for the accounts of Russian users. Representatives of the platform gave ForkLog an exclusive comment on this information.
According to widespread screenshots of correspondence, the limits for clients from the Russian Federation “were lifted last week.” Users can supposedly deposit more than €10,000 into their balance and carry out transactions with it.
A Binance representative told ForkLog that all current restrictions related to sanctions against Russian citizens are applied by the platform and its legal entities in the European Union in full.
“In accordance with the sanctions rules, Binance legal entities registered in the EU are prohibited from providing services to citizens of the Russian Federation, with the exception of the category of persons who are citizens/residents of the EEA or Switzerland. Users from Crimea, “DPR”/“LPR” are also prohibited from accessing the platform,” he said.
