The cryptocurrency exchange CommEX, which became the successor of Binance for Russian users after its departure from Russia in September 2023, has announced its closure. Starting from March 25, the platform will begin a phased shutdown of its operations, based on the analysis of the current situation and a review of strategic plans. Registration of new users and asset transfers from Binance will be stopped, as well as the acceptance of deposits.
From March 28, the exchange will close the possibility of opening new positions in the futures market, leaving users only the option to close existing positions. From April 2, the publication of new announcements on the p2p marketplace will cease, and from April 5, all p2p orders will be automatically closed. Futures market trading pairs will be closed on April 18, and the spot market will close on April 23, after which all open orders will be canceled.
The official website of the exchange will cease operations on May 10, restricting user access to content. Accounts with assets after this date will incur a fee for asset management. Users are advised to close all positions in advance and withdraw assets, paying attention to security and avoiding fraudulent messages.
