The Binance cryptocurrency exchange has announced the addition of support for Russian rubles (RUB) for direct transactions with cryptocurrency.
Rubles on the Binance exchange
“Binance opens a deposit in rubles and withdrawals through AdvCash.” – Binance.
This step will allow Binance users to replenish and withdraw rubles using the Binance Cash Wallet, as well as buy Bitcoin (BTC), ether (ETH) and XRP cryptocurrencies, the exchange said.
Support in rubles is offered through the Gibraltar-based AdvCash electronic payment platform.
AdvCash charges 3% for each deposit and 2.5% plus 50 rubles for each withdrawal of funds. AdvCash claims to offer “faster” and “cheaper” payments than regular money transfers and a regular bank account.
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