Russian cryptocurrency exchange CommEx announced that it will gradually cease operations. Among them, new user registration will be temporarily suspended from 18:00 on March 25th Beijing time, and asset transfers from the original Binance will be stopped. At 18:00 on May 10th Beijing time, the official website will be closed, and users will not be able to access related content of CommEx. Previously reported, in September last year, Binance announced a comprehensive withdrawal from the Russian market, and related businesses will be sold to CommEX. It also stated that in order to ensure the smooth withdrawal of existing Russian users, the withdrawal process will last for one year. However, in fact, it is less than half a year away from the withdrawal of Binance Russian users.

Russian cryptocurrency exchange CommEX has launched a loyalty program and announced the first airdrop. As of December 27th, 1 million reward points will be distributed to active traders. Participants must have a trading volume of over 100 USDT in Simple Futures.

Based on the data released by the Russian cryptocurrency exchange CommEX, its daily trading volume has reached 90 million rubles since its launch, and the number of users has exceeded 200,000 accounts. The trading volume has increased by 460% in the past month.