“The transaction does not include any buy-back provisions,” he continued. “According to a Google search, businesses such as Mercedes, McDonald’s, and Nissan have buy-back options in their Russia sell-off agreements. This is not the situation.”
During the transition period, there will be cryptocurrency transfers between Binance and CommEX as users migrate their funds, Zhao explained.
“There are also older transactions during the integration testing period. This is anticipated.” He stated.
CommEX stated in a statement released on Tuesday that it offers “a vast array of product suites, including Spot, Futures, Simple Futures, and P2P services, to engage with the world of cryptocurrency.”