Web Statistics

Buying Bitcoin and Altcoins in Russia

Many Russians are increasingly seeing the value in bitcoin and crypto currencies over the Ruble. Ever since the sanctions in 2014, the value of the ruble, even against the US dollar has been declining and staying quite low. During the same period, bitcoins dramatic gains have motivated every intelligent Russian to buy bitcoin and avoid the Ruble, like every good communist should.

Bitcoin Exchanges in Russia

With Putin and his oligarchs cracking down on crypto currencies (since they can’t hide them in offshore bank accounts), buying bitcoin in Russia may be difficult but everyone is doing it. Most users familiar with the TOR network have seen the increasing amount of Russian traffic from those not wanting to be spied on by the Kremlin, while they gain financial independence from Ruble or any other national currency.

With the increased theft and extortion against Russian bitcoin holders in and outside of Russia, there cannot be enough privacy for Russian bitcoin holders.

While EXMO is a popular exchange in Russia, users have to enter their personal information in order to use the service, this creates an excellent place for hackers to attack as there is a large amount of personal data held by the company. This is why anonymous exchanges are continually becoming popular in countries like Russia and around the world.

Anonymous Bitcoin Purchases in Russia

The best place to start, for the most up to date and accurate places to buy bitcoin in Russia would be the bitcoin talk forums. Most small transactions for Rubles and person to person transfers take place on the forum and our complete list of anonymous exchanges may also be of interest.

The top 3 exchanges are:

Localbitcoins

Peer to Peer Bitcoin Buying and Selling

Localbitcoins

Available Worldwide

Cash, Bank Transfers and Wires

Bisq

Anonymous Peer to Peer Crypto Trading

Bisq

Available Worldwide

No ID Required

HodlHodl

Anonymous Peer to Peer Crypto Trading Platform

HodlHodl

Available Worldwide

No ID Required

Alt-coin Trading from Russia

Binance is the most popular anonymous alt-coin trading platforms, Russians have been going wild buying the newest cryptos hoping one will have the same gains as bitcoin. However, most people fail to realize that the network of bitcoin is considered valuable because it is immutable. While newly launched altcoins have a blueprint from bitcoin to draw from for success, the actual altcoins available that are anything similar to bitcoin are close, if not exactly zero.

Binance

Anonymous Trading Hundreds of Altcoins

Binance

Available Worldwide

No ID Required

Online Gambling in Russia

For people in Russia looking to bet on sports, casino and poker using bitcoin, be sure to check out our Russia online gambling guide.

Crypto Gambling covers bitcoin, altcoin and trading discussions for people new to crypto currencies. Along with crypto wallets, gambling in different countries and bitcoin exchanges in different countries.

This site is intended for people over the age of 18 that never gamble what they can’t afford to lose.