10 Best Crypto Exchanges in Russia

In this article, I want to cover the Best Crypto Exchanges in Russia, focusing on those with safe trading, low fees, and a vast selection of cryptocurrencies.

As a beginner or a seasoned investor, having a trustworthy exchange simplifies your management of digital assets, enhancing their access and control.

The exchanges listed in this article are popular among Russian users for their functionality and convenience.

Key Point & Best Crypto Exchanges in Russia List

1. Kraken

Russian users will find Kraken incredibly useful due to the security and credibility the exchange offers. Established in 2011, Kraken is one of the first exchanges to list Bitcoin (BTC), Ethereum (ETH), and other altcoins, granting users the ability to trade and buy cryptocurrencies with USD or EUR.

Even though direct RUB support is unavailable, Russians are able to deposit funds using bank transfers and crypto wallets. Secure two-factor authentication (2FA) alongside cold storage and participating in a bug bounty program solidify Kraken’s reputation as one of the most secure exchanges.

The interface is simplistic and easy to use for new traders while also being sophisticated enough for professional traders that utilize spot, margin, or futures trading.

Kraken offers high security backed by 0.16%/0.26% trading fees and enables users to withdraw additional income through staking. Russian users gain access to unrestricted global services, but must ensure compliance with local laws.

Kraken Features

• One of the best security with proof of reserves audits.
• Margin and futures trading offered with sophisticated instruments.
• Known for compliance, regulated in several jurisdictions.

2. AvaTrade

AvaTrade has been in business since 2006 and is primarily known as a forex and CFD broker. The company has also added Cryptocurrency trading services, making it attractive for Russian traders looking for crypto derivatives.

Cryptocurrencies can be traded by Russians as CFD instruments like BTC/USD or ETH/USD, which allows them to bet on the price appreciation or depreciation without having to possess the underlying coins.

Russian traders are catered to with RUB accounts indirectly through conversions, and crypto CFDs are tradeable on MetaTrader 4 and 5. AvaTrade has a reputation of being trustwyorth reliable in the EU, Australia and Japan.

Their weaknesses are that the offer is limited when compared to dedicated exchanges and they do not permit direct comprehensive withdrawals. What AvaTrade does well is providing opportunities for people who do not wish to speculate on crypto prices and only want to trade contracts.

The account does not permit holding or transferring cryptocurrency. Crypto CFDs come with a leverage of 1:25, which is restrictive. Primary advantages are upper limits on leverage and tight spreads, and the available resources for beginners.

 AvaTrade Features

• Does not give direct ownership of crypto assets but offers crypto CFDs.
• Works with MetaTrader 4/5, thus used by professionals.
• Has fixed spreads and strong regulation coverage around the globe.

3. KuCoin

This platform is an international cryptocurrency exchange widely recognized for its unmatched collection of over 700 cryptocurrencies, which is particularly appealing to Russian traders searching for altcoins.

KuCoin, which was established in 2017, incorporates spot and margin trading, futures, staking, as well as low trading fees (from 0.1%) per transaction. Basic account holders from Russia do not have to undergo mandatory KYC processes, although they will need to verify their identity for higher withdrawal limits.

Direct RUB deposits are not facilitated by the platform, but account funding or crypto purchasing is possible via third-party providers like Simplex. Both advanced and beginner traders are attracted to KuCoin’s trading bots, user-friendly interface, mobile application, and other sophisticated features.

Through its P2P marketplace, local payment method trading is available for Russian users, although access may be limited. Albeit having these advantages, the platform has faced regulatory scrutiny in some areas, so Russian users will need to monitor their laws regarding the use of the platform.

KuCoin Features

• The exchange is known for having many different kinds of altcoins at reasonable prices; it also has very low fees.
• Offers also trading bots and other semi-automated trades, staking, and lending.
• Has a mobile app so users can trade anywhere with their mobile phones.

4. Bitget

A crypto exchange that began operations in 2018, Bitget offers futures trading with highly competitive 125x leverage. Bonus features include copy trading, where users can automatically replicate the Moves of accomplished traders.

The exchange is constantly expanding the number of supported currencies, yet its selection of alts still does not surpass The Russian customers can access the platform without mandatory KYC for basic trading.

Bitget allows crypto deposits and purchases with credit cards while its fees stay competitive at 0.1% for spot trading.

The exchange supports transactions in Northern currencies, but does not provide accounts in Russian rubles. VIP clients receive even better conditions than standard users.

Bitget Features

• Specializes in copy trading and has a large number of professional traders for that purpose.
• Has deep liquidity in its futures and spot markets.
• Cold wallet storage and strong risk management facilities.

5. Binance

Binance operates the largest crypto exchange out of all other exchanges in the world by volume. They allow Russian users to trade, stake and do various other crypto-related activities on a single platform.

Binance was founded (launched) in 2017 and now is home to more than 350 cryptocurrencies, including major ones and niche altcoins. Russian clients have access to spot, margin, and futures trades with commissions starting at 0.1%. This can go even lower if paid in BNB, the platform’s native token.

Binance used to support RUB deposits and withdrawals, but due to Russia’s regulatory pressure, these options may be limited. Users can still deposit crypto or utilize P2P trading with bank cards or e-wallets as local payment methods. All traders can benefit from Binance’s extensive educational materials, advanced charting tools, and mobile app.

Nevertheless, Binance is popular among traders as the top exchange for its liquidity and versatility. He faced regulatory challenges worldwide, and Russian users need to align with local laws given the 2022 restriction on crypto payments in Russia.

Binance Features

• Largest trading volume and a great number of coins available.
• Offers P2P trading, staking, launchpad access, and low fees.
• All users have access to advanced charting and trading tools.

6. Gemini

Gemini is a cryptocurrency exchange based in the United States. It is trustworthy for Russian users due to its strong compliance with regulations and security. Founded in 2014 by the Winklevoss twins, Gemini stocks BTC, ETH, USDC, and a few more cryptocurrencies.

Russian customers are able to access Gemini’s platform, however, the RUB currency is not supported. This means users must deposit crypto or convert fiat currencies (USD/EUR) in order to transact.

Gemini’s security SOC 2 certification, cold storage, and insured custodial assets places them among the best in the industry. Their user interface is basic, and requires little prior knowledge, granting users access to spot trading, staking, a crypto debit card (availability may vary), and crypto debit card trading.

Gemini’s SOC 2 certification, cold storage, and insured custodial assets place them among the best in the industry. Gemini’s trading fees (0.2%/0.4% maker/taker) are more expensive than Binance for example, but users less active on trading would choose Gemini for peace of mind safety due to strict compliance. Russian traders should check for sanctions related availability.

Gemini Features

• Regulated in the US and prioritized compliance as well as security.
• Allows its customers to earn interest on cryptocurrencies held with Gemini Earn.
• Protects hot wallet cryptocurrency assets with insurance policies.

7. Coinbase

If you’re Russian and new to the crypto world, then Coinbase is one of the most simple cryptocurrency exchanges to navigate. It was founded in 2012 and allows basic functionality for purchasing, selling and storing BTC, ETH, USDT and other major cunrrencies.

Coinbase supports fiat deposits in USD and EUR, but users from Russia do not have their currency directly supported. As such, users from Russia would have to resort to crypto deposits or use third-party payment services.

Regardless, Coinbase’s security is exceptional with 98% of the assets in cold storage and with 2FA being a requirement. Coinbase Learn, serves as an educational platform where users who partake in tutorials and learn are rewarded with free cryptocurrency, this is excellent for new users.

For standard trades, the alt coin rate of trade is 1%. Not only that but there is also a spread which adds on additional value. With 1% to standard trades, Coinbase is incredibly costly compared to competitors and isn’t the best when it comes selection for alt coins.

When looking for cryptocurrency bearing aid, Coinbase is effortless and satisfies the needs of US compliance and sanction users. Coinbase public status on NASDAQ is Conformance to be relied upon however, users from Russia do have to look out for region issues due to sanctions.

Coinbase Features

• Coinbase is ideal for novices because of its clean design and available educational materials.
• Operates under U.S. regulation and provides FDIC-insured USD balances.
• Supports simple crypto-to-fiat conversions alongside recurring purchases.

8. BYDFI

This crypto exchange isn’t very popular, but it is gaining traction. Starting operations in 2020, BYDFI (Build Your Dream Finance) focuses on offering derivatives trading and spot trading.

The platform is appealing to Russian traders looking for leverage since futures trading can be executed with up to 200x leverage and major cryptocurrencies are also available for spot trading.

Trading on the platform comes without mandatory KYC for basic accounts and this enhances privacy. Crypto can easily be deposited or purchased through third-party services, though direct support for RUB is unavailable.

The trading fees are competitive at 0.1%-0.3% for spot trading and the ability to copy trades allows beginners to participate actively.

Multilingual support and a mobile app further increase usability, but the exchange lacks adequate regulations, putting it behind trusted exchanges like Kraken. Russian traders should mind the laws surrounding crypto regulations.

BYDFi Features

• Focuses on providing leveraged and derivative trading to customers all over the world.
• Comes with an intuitive design that allows for copy trading.
• Offers fast execution speed and multilingual support at all hours.

9. Bybit

This cryptocurrency exchange is well-known among Russian traders for their high-leverage futures trading. The exchange was founded in 2018 and offers perpetual futures and spot trading with a leverage of 100x on more than 300 cryptocurrencies.

Russian users have access to Bybit without mandatory KYC for basic accounts, and the exchange’s P2P marketplace allows bank transfers and e-wallets as payment options even though there is no direct support for RUB.

Bybit’s trading fees are among the lowest in the market at 0.1% for spot and 0.01%/0.06% for futures, and they also offer advanced charting tools that appeal to professional traders. The mobile application, customer support available round the clock, and user-friendly interface further improve satisfaction for users.

With these features, however, Bybit has been facing restraining regulations in some countries so Russian users need to check local laws regarding the legal status of using Bybit, especially considering the focus on high-risk derivatives trading.

Bybit Features

• Well-known for low latency and high-leverage futures trading.
• Provides crypto savings accounts, access to launchpads, and dual asset mining.
• Fast growing exchange known for frequent trading competitions and other incentives.

10. MEXC

MEXC is {[what place]} a pera-global crypto exchange that’s most appealing to Russian traders looking to capitalize on vast olternatiff trading opportunities.

Founded in 2018, MEXC is known for its sopt (spot) trading, futures (up to 200x leverage), and staking, charging no fee for spot maker orders and just 0.1% for takers.

These traders will benefit from MEXC’s vast array of over 1,600 cryptocurrencies, low trading fees, and altcoin support.

Russian users can trade without mandatory KYC for basic accounts, and while RUB is not supported, crypto deposits or P2P trading with local payment methods are available.

While MEXC may not have as strong regulatory oversight as other exchanges, like Coinbase, users of their platform, especially Russian users, need to be mindful of local compliance.

MEXC Features

• Offers many newly emerging tokens and a wide variety of altcoins.
• Has no spot trading fees and provides high liquidity.
• Includes features such as futures, ETF tokens, staking, and copy trading.

Conclusion

To sum up, the top rated crypto exchanges in Russia have advanced features like low fees and low restrictions for trading. Also, a large number of cryptocurrencies are listed on the exchange.

Among other firms, Binance, KuCoin and MEXC especially excel in ease of use, universal availability and accessibility.

These exchanges are efficient for trading and managing digital currencies in Russia regardless of whether you are new to crypto trading or an advanced trader.