Binance donates to Ukraine and refuses to block Russian customers on their exchanges, I think that's the gesture of neutrality.
With that decision they've made, it's already a big help to them since they've been placed with too many sanctions that's already affecting their economy.
It's not the citizens and customers that they're against with but the action of their government towards making the conflict.
yeah, i think so too. I think Binance is trying to be neutral and not side with anyone. proof that they donated, and did not block Russia is proof of that.
well, however, I think that if Binance did that, crypto users from Russia would also choose other places to exchange and Binance might lose quite a bit of users. I think this is the right move from Binance.
If Russians are blocked in binance, they cant trade there anymore and they need to find another exchange where they are allowed. This does not influence users from other countries and what will they get when they follow it? if there is the one that they will support right now, that will only be Ukraine because they are the ones that are heavily damaged.
It's not going to be a big loss if binance blocked Russian users because they have a million users around the world but binance didn't do it not because they are afraid to lose a small percent of their income but because they are showing how neutral they are. Don't worry binance, good things are soon going to happen with you as lots are impressed by this move you have done.