Author

Topic: Some answers about Binance/CommEx (Read 71 times)

legendary
Activity: 1736
Merit: 4270
December 29, 2023, 09:25:42 AM
#1
https://twitter.com/cz_binance/status/1707293387001307551
"There will be crypto transfers between Binance & CommEx as users migrate with their funds. There are also older transactions during the testing phase of the integrations. This is expected.

A few ex-Binance CIS team members may join their team, or have already done so. We think that is a good thing.

Their design, APIs, etc are similar to Binance. We asked for this to ensure a smooth user experience.

CommEx does not service US or EU users. They have IP and KYC blocks. This is a term we asked for in the deal.

I am not their UBO, nor do I own any shares there. The deal does not have any buy back options. (A google search seem to show some businesses like Mercedes, McDonalds, Nissan have buy back options in their Russia sell off deal. This is not the case here.)"

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I think that we will hear a lot more interesting things about this exchange. I'll keep the post CZ for now.
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