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Binance rolls out internal transfer feature; lists RUB trading pairs

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Shampa Mani reporter

Mon, 02 Dec 2019, 11:13 am UTC

Cryptocurrency exchange Binance has announced the launch of a new feature and listing of new trading pairs for Russian Ruble (RUB).

New Internal Transfer Feature

Binance has launched a new internal transfer feature allowing users to transfer seamlessly between Binance accounts. The feature can be enabled and disabled via API.

“If a user withdraws assets from their Binance account to an existing Binance deposit address, this will be recognized as an internal transfer and will be processed without the need for any block confirmations and also have zero transfer fees,” Binance explained.

This essentially means that the transactions between two Binance users will be immediately credited.

Trading Pairs for RUB

The exchange has also announced the launch of trading for the Russian Ruble (RUB) in the USDⓈ trading market. With this, users can buy cryptocurrencies with 9 different fiat currencies on Binance.com.

As per the details, the exchange will open trading for BNB/RUB, BTC/RUB, ETH/RUB, and XRP/RUB trading pairs today, Dec. 02 at 1:00 PM (UTC).

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