BitTeam will not restrict access for Russian companies and individuals

The bit.team cryptocurrency exchange is not going to freeze the accounts of Russian users. Despite the fact that blocking users contradicts the concept of the cryptocurrency industry, many exchanges in the current geopolitical conditions were forced to assume the sanctions risks and requirements of the states in whose jurisdiction they operate.

Having studied the situation and all the regulations, the bit.team exchange decided to restrict access to the platform only for Russian companies and individuals from the sanctions lists.

As for p2p.bit.team, in the current situation, when currency transfers outside the country are prohibited, and the largest payment systems are leaving the Russian market, p2p trading is the primary tool for Russian users.

Strictly speaking, P2P trading is the purchase and sale of cryptocurrencies directly between users without the participation of a third party or an intermediary. Even the largest exchanges, such as Binance, blocking the possibility of depositing and withdrawing funds to cards directly, do not block their p2p platforms.

p2p.bit.team retains all the possibilities for its users, and also reminds that Russian cards of international payment systems will still work in Russia even in the event of disconnection from Visa or Mastercard, since the national payment card system (NSPK) of Russia itself will process these operations. The decision of international payment systems will not affect the operation of Sberbank Visa and Mastercard cards within the country, which was officially confirmed by the Beac.