We list the best 6 safe and secure cryptocurrency exchanges in Russia that are not only profitable for your trades but also simple to use in order to make cryptocurrency trading profitable for your investments.
The following picks promise the provision of the best crypto exchange in Russia:
1. Capital.com
Price: zero %
Relative value trade: 0.1-0.3%
What makes it the best is that alongside trading crypto, it also provides stocks, commodities, market indices, ETFs, and many more—all with zero commission trading.
Characteristics:
It has a proficiently working mobile application that allows you to create a demo account to scrutinize your shortcomings, strategy, and analysis of trading in the market with zero loss.
License:
The Australian Securities and Investments Commission and the Financial Conduct Authority (FCA) in the UK have officially issued a license to Capital, making it a safe and reliable exchange. An easily accessible and dedicated account manager is provided to its users making the customer experience authentic and top-rated.
Overall, Capital provides the best crypto exchange experience with low charges and reliable sources.
2. crypto.com
Price:
- Account Opening: Free
- Trading Fees: 0.4%
Characteristics:
It is much of an all-around player and a big operator backing over hundreds of cryptocurrencies, making a diverse investment accessible.
Crypto.com provides a wide variety of features, making it unique in its operation in the market. Users can trade options and invest in futures contracts, earn interest by learning the minimum staking requirements and staking their cryptocurrency or coin, and make trades with up to 10x authority which helps in boosting the user’s confidence in their investment.
Crypto.com has infused a great amount of money into its safety and security to earn the trust of the customer experience, making it a safe place for Crypto exchange. Their prices refresh various times per second, making it an expeditiously quick and immediate exchange that gives its traders dominance and authority over the other masses in the market.
Overall, crypto.com is efficient for investors looking to cash in on the most recent altcoins or other brand new assets before they go common in the market.
3. Bybit
- Account charges: Free
- Trading allowance: From 0.1% to 1.0%
- Withdrawal Fees: Depends on the currency
- Derivatives Fees: From 0.01% to 0.06%
- Maker’s Rebate: 0.025%
- Taker’s Fees: 0.075%
This crypto exchange provides a wide variety of tools for trading, being one of the few exchanges that also make access to Crypto derivatives possible. Their trading cost is priced at 0.1% initials, and the withdrawal price is variable according to the current rates of cryptocurrency.
Some of the largest currencies, including Bitcoin, Bitcoin Cash, Ethereum, and Litecoin, are backed by Bybit. Moreover, it holds cryptocurrency tokens offline. By using cold storage, cryptocurrency investors focus on preventing hackers from being able to access their holdings through traditional means, and every single withdrawal is reviewed to prevent unauthorized and unlicensed transactions.
Bybit gives its brand new users a 40$ bonus to encourage their investments and confidence. The users also have the authority to place 100 times leverage over their trade to amplify their buying and selling power.
Other prominent features are providing a demo account to review their mistakes, easy access to the market’s charts and data, various educational resources, a reliable customer support system to better your customer experience, and a quick verification process for your account.
4. Okcoin
Price
- Trading Fees: Free
- Spread: 1% – 1.5%
- Maker’s Fees: From 0.1% to 0.0% (based on trading volume)
- Taker’s Fees: From 0.2% to 0.02% (based on trading volume)
- Debit Card Deposit Fees: 3.99%
Being a California-based American exchange launched in 2013, Okcoin is a renowned name in the market with over 100,000 crypto investors across 190+ countries. It aims to provide reliable and efficient services by supporting 70+ crypto assets, including the biggest like Bitcoin and Ethereum, but also altcoins and not-so-renowned blockchain protocols.
Another pro of using Okcoin is that their trade is free of cost. Instead, they use a volume-based fee system charging its makers 0.1-0.0%. And takers around 0.2-0.02%, both based on the trading volume.
OKCoin is a globally operative proficient website. One of the many reasons it stands out in the market is that it supports SEPA payment deposits in Europe and electronic fund transfers (using the ACH network) in the US.
Its staking platform, allowing investors to lock in one of the supported cryptos (for a fixed term) and earn up to 17% APY, depending on the asset (10% for BTC), is one of its finest characteristics.
One drawback can be having to pay up to 3.99% of fiat deposits on debit cards; hence, using a different method for deposits is often recommended for the feasibility of its customers.
It also provides an instant verification process and is easily available on both iOs and Android, with a rating of over four stars on both. It also allows its customers to set up the process of automatic purchases via average dollar cost.
5. CEX.IO
Price
- Maker Allowance: Between 0.10% and 0.25%
- Taker Allowance: Between 0% and 0.16%
- Deposit fees: 2.99%
The United Kingdom-based cryptocurrency exchange was established in 2013 and is globally operative with efficient remarks. It is used by hundreds of traders and investors to buy, sell, borrow, and earn various cryptocurrencies under a safe and authentic platform.
One of the amazing features is that it is a haven for seasoned traders as it provides the best and most efficient trading tools and tradable assets, which is enough to attract a wide variety of traders and investors, making it a reliable source of trading.
But since it’s a very progressive operative platform, it might be a little more advanced and efficient to use for beginners. It supports more than hundreds of cryptocurrencies.
It’s the most reliable source for modern and progressive traders who are more advanced in their trade and investment business.
Providing its customer with 24/7 customer support, it stands out as a safe, reliable, and easily accessible platform.
6. PAXFUL
Price
- Selling price: 0.5%
- Buying price: Free
- Crypto Conversion Fees: 0.5%
- Deposit Fees (Bank Transfer): 0.5%
- Deposit Fees: 1%
Characteristics:
Based in New York, this cryptocurrency exchange was first launched in 2015. Its Founders, Ray Youssef and Artur Schaback aim to provide an exchange that could assist and make exchange available for all kinds of investors. Paxful harbors over six million active users globally, along with supporting over 350 different methods for payment, making itself one of the most reliable and accessible exchanges in South East Asia and around the world.
Only being able to support three cryptocurrencies, BTC, ETH, and USDT, is its biggest shortcoming, but the low fees throughout the process make up for it.
It also provides its beginner users with an educational program to learn about crypto.
CONCLUSION:
Given the variety of options available and the unique advantages each of them offers, selecting the best cryptocurrency exchange in Russia is difficult. As a keen cryptocurrency investor myself, I closely monitor the activities of the leading exchanges in Russia and have chosen the ones above based on years of research
This thorough research provides the traders with an insight Capital is the most preferred exchange for its reliability and easy accessibility. Having pocket-friendly fees it’s the most cost-effective way to trade crypto in Russia.
Disclosure: The information in this post is entirely the author’s opinion, does not constitute investment advice, and is only being made available for informational reasons. By doing so, you acknowledge that the information is not intended to serve as investment advice or financial guidance. Before making any investment decisions, be sure to do your own research and consult with financial professionals.