Russia is one of the most interesting countries when it comes to crypto. Once an anti crypto nation, the country has now embraced cryptocurrencies. The need to use crypto became obvious when Russia was sanctioned and could not send money within the Europe Union region.
As it is, Bitcoin is the primary currency used for international settlement in Russia, making it one of the crypto-dependent countries. While the sanction subsists, the demand for cryptocurrencies is likely to increase, so if you’re in Russia, you will need to choose carefully the exchange to use, both for buying and trading crypto assets.
The following is a list of the top crypto exchanges you can use in Russia. Whether you’re an absolute beginner or an experienced crypto user, there’s an exchange for you to use in this list of carefully selected exchanges.
CEX.IO is a multifunctional crypto exchange based in London, United Kingdom. It is a global exchange that caters to millions of customers worldwide, and is known for its beginner-friendly design.
Customers can access crypto assets on CEX.IO easily and fast once they register and complete their KYC verification. There are several available payment methods, including SWIFT, SEPA, ACH, Faster Payments and deposits in USD, EUR, GBP, and RUB.
You don’t need to worry about the security and reliability of this exchange, because it has a proven record of stability. It is also known for its low fees, and it allows instant buying of crypto with credit and debit cards.
Binance has a bit of history with Russia. At a point, the exchange had to suspend Russian users from its platform, but has restored full service access. If you’re in Russia, you can now use the exchange to buy and trade crypto assets.
Binance is known for its high liquidity and long list of supported crypto assets, although its design suits more experienced users, anyone can use it to buy and trade crypto assets successfully
You can make deposits on Binance using over 50 currencies, including USD, EUR, JPY, KRW, GBP, AUD, RUB, and many more. Binance is also known for its low fees and reliability, making it a go-to platform for trading crypto assets.
Crypto.com is a top global crypto exchange known for high regulatory compliance and security. Because of this, the exchange has over 80 million users worldwide, operating in over 180 countries.
The exchange also has a wide variety of crypto assets to choose from, making it a good place, even for altcoin traders who need a wide variety of assets to trade.
You’ll also enjoy low fees on Crypto.com, and a long list of supported currencies, including USD, GBP, EUR, SGD, CAD, AUD, NZD, HKD, TWD, NOK, SEK, DKK, CHF, PLN, ZAR, KES, RUB, BGN, RON, ILS, SAR, AED, HUF, CZK, TRY and BRL.
Bitsquare
Bitsquare is a peer-to-peer crypto trading platform that allows users to buy and sell Bitcoin and other crypto assets. The platform is known for its high security and also privacy since it does not require any form of registration to use it.
The exchange is available worldwide, and you can use any national currency for payment, including the Russian Ruble. The only downside is that Bitsquare is not suitable for beginners.
Conclusion
The choice of a crypto exchange to use depends on many factors, and one of the most important is the method you can use to pay on the exchange. Every crypto exchange on this list allows the use of the Russian Ruble to directly buy cryptocurrencies, making them particularly suitable for Russian users.
If you’re based in Russian, this should make it a lot easier for you to buy or trade cryptocurrencies whenever you want to. You can use any number of them at once, and you can use a select one, depending on your level of experience too.
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