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Binance successor in Russia: Everything you need to know about CommEx, so far

Published 09/27/2023, 10:22 AM
Updated 09/28/2023, 07:40 AM

Cryptocurrency exchange Binance has claimed that it will fully quit Russia by selling its local business to a completely new exchange known as CommEx. While promising its customers a “smooth” migration, Binance hasn’t provided much information about its successor in Russia.

At the time of the announcement, little is known about CommEx’s founders or background. The exchange was launched on Sept. 26, 2023, just one day before Binance announced the sale of its business to the newly created exchange for an undisclosed amount.

An excerpt from CommEx’s privacy notice. Source: CommEx
An excerpt from Binance’s privacy notice. Source: Binance

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