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Looking for a good crypto exchange to use in Russia? There are many other people looking for the same thing, even though Russia isn’t particularly friendly towards crypto.
There are few options when it comes to crypto trading in Russia. However, there are good ones among the few options. Nonetheless, you need to choose wisely the exchange that will be best for you to use.
In this guide, we highlight the best crypto exchanges you can use in Russia. They are generally easy to use, and secure, so that you don’t need to worry about the security of your assets while they are on the exchanges.
They also have the required liquidity to sponsor your trades, and most of them have insurance cover for users’ funds in case something goes wrong. The following are the best exchanges to use in Russia.
Coinmama
Coinmama is one of the exchanges you can use in Russia to buy, sell, and swap crypto assets. The exchange doesn’t have a regulatory license just like most other exchanges in the country, but it is a reliable platform to buy and sell crypto.
You can also use its wallet service which provides an online wallet for Coinmama users. You can also use the platform to trade cryptocurrencies with different pairs. Coinmama supports hundreds of listed crypto assets.
It is also a user-friendly platform that is easily usable by almost anyone who knows how to use a computer. You’ll find educational content that will help you level up your knowledge of the industry even if you’re an absolute beginner.
Crypto.com
Crypto.com is a user-friendly crypto trading platform that allows people in Russia to buy, sell, or trade crypto assets. The exchange has regulatory licenses in several countries and jurisdictions but hasn’t been licensed in Russia.
There are more than 350 crypto assets listed on the exchange which you can buy and swell as well as trade with ease. The exchange also allows users to stake selected crypto assets to earn passive rewards.
Fees on the exchange are also quite low, making it a good place to go for those looking to buy crypto assets on a low budget. With the mobile app, you can carry your crypto assets with you wherever you go.
OKX
OKX provides an innovative platform for buying, holding, selling, and trading of crypto assets. The exchange has a global user base of over 50 million users from several countries including Russia, although it doesn’t have an official license.
There are over 350 supported assets you can buy and trade on OKX with many more trading pairs. The platform is also renowned for its ease of use, which is as a result of the simple design of the platform to make it available for all.
OKX also has lower fees than most exchanges and offers other features like staking to earn passive rewards.
Kraken
Kraken is a top global crypto exchange that has millions of users from hundreds of countries. It is one of the best available options when it comes to buying and trading crypto assets in Russia.
You can buy and trade over 350 crypto assets on this exchange, with ways of earning passive rewards such as staking. Kraken is another exchange that charges low fees so that anyone can afford to use it.
The exchange is also an excellent choice when you’re looking for a secure platform, as it has not been breached since its launch in 2011.
KuCoin
KuCoin is another global crypto exchange with global reach that you can use in Russia. It is an easy exchange to use, with more than 700 supported crypto assets. You can buy and trade any of them with several trading pairs.
The exchange also charges low fees which is one of its biggest strengths. Because of the large number of listed assets, this platform is also ideal for those looking to invest in many altcoins.