The Binance cryptocurrency exchange went to further restrictions to exclude the possibility of using cards issued by sanctioned Russian banks on its platform. After the option of buying cryptocurrencies directly from cards disappeared on the platform, peer-to-peer trading remained the only option for customers, but it also becomes more difficult to use it.
Initially, banks that were really under sanctions were excluded from the exchange options. During the latest revision of the prohibited methods, Binance presented an exhaustive list, which included, among other things, those methods that are not directly related to sanctions:
Sberbank;
Gazprombank;
Alfa-Bank;
Discovery;
VTB;
Transfer from a bank card;
SBP;
World.
"After a thorough check, the listed payment methods were excluded from the Binance P2P list. All ads containing these payment methods were automatically closed by the system. Please choose another available payment method," the exchange's announcement says.
To circumvent the new restrictions, the sellers of Binance P2P have so far tacitly agreed to use the option "Transfers through a specific bank". Here you can still find offers using Sberbank, VTB, etc. cards. Some sellers use alternative designations, such as "SBR BANK", "SB" or "Green Bank".
Although you will now have to spend more time searching for a suitable ad, it is still possible to exchange cryptocurrency through Binance P2P. In addition, transactions using Mir cards are still available in the "Card Transfers" section, despite their disabling as an independent option.