CommEX exchange has announced its closure. After the world's largest crypto exchange Binance left Russia in September 2023, the platform became its successor for Russian users.
Since March 25, the exchange will close registration of new users and transfer of assets from Binance.
User accounts on CommEX that retain assets after May 10, 2024, will be subject to an asset management fee of 1% of assets according to a snapshot of users' balances on the day the platform is shut down. Assets that are not stablecoins will be converted to USDT.