Binance Axes Hryvnia Support Amid Ukrainian Asset Shift
Binance has announced that it will discontinue support for the Ukrainian hryvnia (UAH) on its platform. The changes affect fiat transactions and spot trading, with users advised to dispose of their assets in a timely manner to avoid forced conversion at a fixed exchange rate.
The exchange will completely discontinue the Fiat Trade UAH service for depositing and withdrawing fiat funds on September 28. Additionally, the USDT/UAH spot trading pair will be removed from the platform, with all active open orders automatically deactivated and canceled.
To avoid losses due to automatic conversion, Binance recommends that users cancel their open orders in the USDT/UAH pair and withdraw or exchange their hryvnia balance before September 28. The final automatic conversion of UAH balances will occur on September 30 at a fixed rate of 46.5 UAH/$.