Top Places to Buy Bitcoin Russia 

BitcoinRussia24 brings to you all the updated data of most trusted crypto exchanges in the world. The information includes trading volume, transaction fee, payment method, and digital currencies available.

  • 10 million users 
     

  • Over 200-400 million daily trading  volume
     

  • Pre-trade basis Fees: 0,00 - 0,26 %

  • Over 30 million users 
     

  • Over 10 billion  daily trading volume
     

  • Trading fees: 0,1 - 0,2 %  
     

  • 16+ languages supported

  • 5 million users 
     

  • Over 2 billion daily trading volume
     

  • Tiered Trading Fee structure : 0,01 - 0,2%

Details

Binance is one of the top places to buy Bitcoin Russia. Buying and selling Bitcoin in Russia using the Binance platform is really fast and easy. It is also one of the largest cryptocurrency exchanges with a variety of currencies available for trading. Binance created an ecosystem of tokens, wallets, and exchanges to serve globally. The exchange was founded by Changpeng Zhao in 2017 which is now operating worldwide with major crypto and fiats under the network.

Binance offers its own token called BNB. It’s an ERC-20 token and traders can avail 25% discount for using the token inside the platform. The discount rate was increased from a previous 12.5% announcement to increase user engagement. 

  • Russia is a key market for Binance – Binance CEO
     

  • Russian Rubble added for fiat-to-crypto trading

  • Using the native BNB can reduce the actual 0.1% trading fee significantly

  • The actual 0.1% transaction fee is competitive 1.4 million transactions per second

  • Highly reputed crypto exchange in terms of tokens and volume

  • Accepts major fiat, crypto, and payment methods
     

  • Higher demand creates service delays

  • Russian crypto regulation is not clear

Huobi is a large crypto exchange with Bitcoin trading opportunities in Russia. Huobi Russia, a Moscow-based office supported by the Huobi Global offers traders safety and better services. The exchange was founded by a Chinese founder Leon Li. But the exchange is now operating on a global scale. Huobi offers its services to 130 countries including Russia. A talented and experienced team of engineers all over the world relentlessly work behind the growth of the company to give a safer Bitcoin trading experience.

  • Huobi Global services include Russia
     

  • Experienced in the market with 7+ year of service

  • A trustworthy global exchange

  • Experienced and Dedicated team to provide the best services

  • 24/7 local customer support available

  • Margin trading available

  • Bank Transfer and Credit cards are accepted

  • Official Russian language community to support Russian-speaking users
     

  • Regulatory concerns in Russia

  • Margin trading can be complicated for the non-experts

  • Not the best fee structure
     

Kraken is a popular Bitcoin exchange in Europe and Russia. As an early developer of the digital asset platform, it is still going strong after founding the company nine years ago. The platform is easy to use and cheaper than the alternatives. Mostly, the higher Euro liquidity is the biggest advantage of the platform for European users. It has almost $376 million in trading volume. The trading platform is simple and secure. Kraken supports major fiats to purchase cryptocurrencies.

  • Kraken allows future trading in Russia

  • Highly rated in Security and data protection

 

  • Popular in Europe due to higher volume

 

  • Major crypto pairs available 

 

  • $15-$18 million daily Bitcoin transaction volume

 

  • 3 verification levels services for the users

 

  • Offers a dark pool for anonymous order 

 

  • Account opening is simple

  • Slower verification Process

  • Complex Trading fees structure

  • 72-hour withdrawal period for first fiat deposit
     

 

What is Bitcoin?

Bitcoin (₿) is the new-generation currency powered by cryptographic technologies to disrupt the present financial world. It came to media attention when the prices reached $20,000 in 2017. Many times, the volatile nature of the asset kept the investors out of the trading zone for years. However, with proper knowledge Bitcoin can be the best investment tool in modern times.

The vision of the currency came from an anonymous person called Satoshi Nakamoto. Although his work was a promising change to the world many of us still failed to accept this technological wonder.

Here we've come up with a few facts about Bitcoin:

- Bitcoin is decentralized in nature
 
- It works with a cryptographic technology

- Bitcoin is created to disrupt the banking system
 
- Unlike the traditional fiat, it has a limited supply
 
- Bitcoin uses a digitally built wallet system to hold the currencies
 
- The assets are secured than the Fiat

 

- Miners can use computer power to increase Bitcoin supply

 

- Miners get 12.5 Bitcoins for every 10 minutes of mining.
 

To learn more about crypto check What is Bitcoin?, Top Places to buy Bitcoin or Buy Bitcoin.

Convectional Money Transactions

Fiat is the only legal tender issued by the government. Every country has its own fiat forms and the value derives from the strength of the government itself. Paper-backed and coin fiats allow citizens to obtain goods and services using the fiat value. Banks work as an intermediary for the citizens where they can save and invest for the future. Fiat has no intrinsic value and unlimited supply.

Bitcoin Transactions

Bitcoin is a decentralized currency system with no central price like the fiat. The currency has no middle parties like banks and uses public ledgers to verify the transactions. The public ledger also known as the Blockchain makes the currency secured than the fiat. It is nearly impossible to counterfeit Bitcoin since it has no physical presence.  

 

Cryptocurrency Risks

High Volatility

Bitcoin is one of the most volatile assets in the modern world. Although short-term traders need volatility to improve profitability many traders find Bitcoin much riskier. However, the possibility of profit can be higher due to the risk of the asset. Generally, traders understanding the overall market sentiment can overcome the volatility risk and gain substantial earning each year.

Lots of Scammers

The online world has seen many forms of scammers. But the Bitcoin scammers are widely recognized by the media. Since Bitcoin has financial benefits scammers love hacking through Bitcoin systems and take everything inside the network. Sometimes scammers create false hope and gain access to individual accounts to take away all the Bitcoins from the wallets.

Skyrocket Transaction Fees

Bitcoin is generally exchanged in different exchanges that accept other cryptos or fiat currency. Each exchange can offer different trading fees depending on their service level. But some exchanges other than the ones we listed above can charge higher fees. Charging such higher fees can be related to robbery fees. So understanding these out-of-market fees is important to survive in the crypto domain.

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Disclaimer

The information provided on this website is only for educational purposes and does not represent any financial advice, investment advice, or any other advice and you should not treat any of the content as such. You should consult with a financial or investment professional before investing in Bitcoin. BitcoinRussia24 does not recommend that any cryptocurrency should be purchased, sold, or held by you. You should conduct your own due diligence and we don't guarantee you any trading profit. 
 
About US
The website is launched for research purposes only. BitcoinRussia24 is a professional tool to find fast top 3 best cryptocurrency exchanges to buy crypto from trusted providers. We have analyzed the most used cryptocurrency exchanges to provide a comparison of the fees, trading volumes, supported countries, supported currencies, payment methods, and the estimated amount of users. We want our website to be a useful tool to find fast best trading options. There are over 1000 different cryptocurrency exchanges, lot's of those are scams, or charge very high fees. We are excited to contribute to the blockchain ecosystem and have selected the best options for newcomers to buy cryptocurrencies from the best providers. 
The fastest way to find the best exchange to buy crypto.
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