In December of analytical Department of the crypto currency exchange EXMO noted a sixfold increase in the number of registrations of users from the Republic of Belarus compared with the previous month.
In the company the influx of users from the region associated with recent changes in the popular cryptocurrency platform Binance.
At the end of November 2018 Binance made changes to the policy on the use of the platform, therefore users from Belarus received letters of termination of service.
In Terms on the exchange’s website reported that its users should not be in any lists of trade or economic sanctions. This also applies to the list Control’s foreign assets control division of the U.S. Treasury, which imposed restrictions against individual citizens and companies of Belarus.
Analysts suggest that some of those users from Belarus who lose the opportunity to work with Binance, registered in EXMO.
Exchange EXMO is on the market for over 5 years and ranked first in the ranking among the stock exchanges of countries in Eastern Europe. At the moment on the platform registered more than 1.5 million users and has an average daily trading volume is around $40 million.
Recall also that soon the EXMO exchange will be acquired by the company GoverMedia Plus Canada. The parties have signed an agreement of intent.