CommEX | ForkLog

ForkLog 14 27.03.2024

Binance Faces Regulatory and International Challenges

The year 2023 marked only the beginning of Binance’s legal entanglements with authorities across various countries. In recent months, several regulators and governments have raised concerns about the cryptocurrency exchange. The Nigerian Episode In late February, the Financial Times reported the detention of two top executives of the company in Nigeria — Nadim Anjarwalla and […]

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ForkLog 14 25.03.2024

Challenges for Binance’s Local Business in Russia

The closure of the cryptocurrency exchange CommEX will not be a significant loss for the Russian crypto market, according to Sergey Mendeleev, CEO of Indefibank, in a comment to ForkLog. CommEX failed to meet certain “obligations to Binance under the concluded deal,” as previously reported by representatives of the latter. What exactly Binance meant remains […]

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ForkLog 18 25.03.2024

Binance Accuses CommEX of Breach of Obligations

Cryptocurrency exchange Binance has commented to ForkLog on the closure of the trading platform CommEX, to which it sold its Russian business in September 2023. According to a spokesperson for the exchange, CommEX failed to meet its obligations to Binance under the terms of the agreement. “This decision in no way affects our obligations to […]

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ForkLog 21 25.03.2024

CommEX Announces Gradual Suspension of Operations from March 25

The cryptocurrency exchange CommEX announced a gradual suspension of operations. “Regrettably, after a thorough analysis of the current situation and a review of strategic plans, we are compelled to announce the decision to suspend the operation of the trading platform,” stated representatives of the platform. From March 25 at 10:00 UTC (13:00 MSK), the exchange […]

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ForkLog 9 21.02.2024

CommEX Faces Temporary Issues with Ruble Gateway

On February 21, the cryptocurrency exchange CommEX reported encountering temporary difficulties in withdrawing rubles through its fiat channel. “Withdrawals to cards are operational, but the conversion rate is not very high,” platform representatives clarified in a comment to ForkLog. They also stated that the current situation is unrelated to the suspension of withdrawals at QIWI […]

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ForkLog 11 30.01.2024

Anton Toroptsev: CommEX Clients Show Interest in P2P Deals and Simple Futures

As of the end of January 2024, the monthly spot trading volume on the cryptocurrency exchange CommEX reached 185 million USDT, while futures trading hit 500 million USDT, according to Anton Toroptsev, the regional director of the platform in Russia and the CIS, speaking to ForkLog. One of the popular segments has been the Simple […]

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ForkLog 8 25.01.2024

CommEX Opens P2P Ad Posting to All Users

As of January 25, the cryptocurrency exchange CommEX has allowed all users to post advertisements on its P2P marketplace, representatives of the platform informed ForkLog. Previously, this feature was available only to merchants with a high trading volume. Other clients could only search for suitable ads and purchase cryptocurrencies. To ensure the security of P2P […]

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ForkLog 9 18.12.2023

CommEX announces its first airdrop

The cryptocurrency exchange CommEX launched a loyalty programme and announced the start of its first airdrop.

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ForkLog 7 23.11.2023

CommEX’s P2P trading volume reaches 90 million rubles

Less than two months after CommEX's launch, the daily P2P trading volume on the exchange reached 90 million rubles.

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ForkLog 12 10.11.2023

Binance to stop accepting deposits in Russian rubles

From 15 November, the cryptocurrency exchange Binance will stop accepting deposits in Russian rubles.

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ForkLog 4 04.10.2023

CommEX regional director reveals details of Binance user migration

ForkLog spoke with CommEX’s regional director for Russia and the CIS, Anton Toropcev, who shared details of migration from Binance and plans for the future.

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ForkLog 7 04.10.2023

Russian Binance customers switch to other platforms

After Binance's exit from Russia, some users remained waiting for the launch of CommEX, while others had already moved to new platforms. At the same time, overall trading activity in the country has declined significantly.

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