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Buying Bitcoin in Russia

With the ruble continuing to bounce up and down in value and no end in sight to the stupid American sanctions, Russians are buying bitcoin and hodling bitcoin at a rapid rate. Everyone knows Putin is secretly storing value in bitcoin, while planning the Russian crypto, that will probably go down as yet another shitcoin as bitcoin stores value.

With Russian central banks fearing another economic crisis and Russia helping Venezuela get into their mess, mother Russia should value bitcoin more than ruble. Buying bitcoin anonymously in Russia is getting a little more difficult but there are plenty of options to avoid the Kremlin finding out you’re a crypto millionaire.

Best Bitcoin Exchanges in Russia

While the anonymous options below the “trusted” and longest historically trusted bitcoin exchanges Russians use to buy bitcoin, the KYC (know your customer) rules add time to make your first purchase and give your information to third parties. While there are some great exchanges with easy deposit methods using Yandex.money, Qiwi, Perfect Money, Advcash, MasterCard and Visa in ruble, make sure not to use any “new” flashy deal exchanges that haven’t had tens of thousands of customers (like the ones below). There are just too many people getting robbed in crypto, that’s why it’s always good to grab the most secure wallet, in case an exchange ever goes down you won’t lose your rubles twice.

The best bitcoin exchanges in Russia to buy from currently are:

Russia Best Exchanges TypeKYCCurrencies 
LocalBitcoinsPeer to Peer Bitcoin Buying and SellingYesUAH, RUB, CNY, USD, EUR, BTC, LTC, ETHContinue
PaybisExchange / Trading PlatformYesRUB, USD, EUR, GBP, Perfect Money, Yandex Money, Payeer, Adv Cash Continue
LiveCoinExchange / Trading PlatformYes (Bank Transfers) and
No (Crypto)
EUR, RUB, USD, Yandex.money, Qiwi, Perfect Money, Payeer Continue
365cash Exchange / Trading PlatformYesUAH, RUB, USD, Qiki, Perfect Money, Yandex Money, AdvCashContinue
Spectro Exchange / Trading PlatformYesUSD, EUR, GBP, RUB, HRK, UAH, KZT, Perfect Money, Skrill, Payeer, OKPayContinue
24bestexExchange / Trading platformYesRUB, USD, EUR, AdvCash, Payeer, Perfect MoneyContinue
EXMOExchange / Trading Platform YesUSD, RUB, EUR (Cashback on Trades) Continue
KrakenExchange / Trading PlatformYesEUR, CAD, VND, USD, CNY, BTC, ETH, XMR, XRP, many moreContinue

Buy Bitcoin Anonymously in Russia

Don’t buy from Dmitry in the alley near Nikol’skiy Pereulok and Ulitsa Varvarka. His claims to have the “hottest crypto” for “small ruble” are complete BS. The guy owes us BTC and LTC after he ran off like MTGOX did years ago.

Localbitcoins and Hodlhodl both have good deals for buying bitcoin with Perfect Money, Advcash, Qiwi, Yandex.money, Сбербанк & ВТБ24 and hugely popular with Russians and Ukraine. For a decentralized exchange, bisq has traders accepting rubles, the software download might be a bit much for some though.

Anonymous Exchanges to Buy Bitcoin in Russia:

Russian Anonymous ExchangesTypeKYCCurrencies 
PaxfulAnonymous Bitcoin PurchasesNoWestern Union, MoneyGram, Visa Prepaid Cards, Amazon Gift Cards Continue
HodlHodlP2P Exchange / Trading PlatformNoEUR, USDContinue
ChangellyAnonymous Bitcoin and Altcoin BuyingNoBTC, ETH, LTC and Hundreds of AltcoinsContinue
BISQAnonymous Person to Person Exchange / Trading Platform NoAUD, CAD, EUR, GBP, INR, JPY, NZD, RUB, SEK, ZAR (More) Continue
CoinMamaExchangeUnder $150 NoVisa, MasterCard, AUD, CAD, EUR, GBP, INR, JPY, NZD, RUB, SEK, ZARContinue
BinanceTrading PlatformNo

(under 2BTC)
BTC, ETH, LTC, Hundreds of Alt-coinsContinue
Wall of CoinsNoUSD, CAD, MXNContinue

More Anonymous Options to Buy Bitcoin in Russia

While there are over 70 bitcoin ATM’s in Russia, the fee’s on many are quite high. The 7 Bitcoin ATM’s in Moscow appear to have 5% as the lowest fee bitcoin ATM with many not even showing their fee’s. Damn Kremlin probably controls one of them so watch out.

Normally we’d suggest bitcoin meetup groups to buy a little bitcoin on the side from somebody. The Russia bitcoin meetups appear to be flooded by “blockchain” “Ethereum” and “ICO” groups, that might lead some to theorize Russians are stinking up crypto like they did the US election.

The bitcoiners must keep a low profile in Russia at the blockchain meetups because there is no way Cardano has an actual group meeting in Russia yet bitcoin is somehow not valuable.