🇷🇺
Local MarketRUBRestricted
Russia: Europe's Largest P2P Market
With a massive P2P market and constantly changing regulation, Russia is a key player in the global crypto ecosystem.
17M+Users
11.5%Adoption
$500M+P2P Vol.
18Rank
$ Converter
BTC =
🇷🇺Restricted
Russia
Europe · RUB
RestrictedLegal Status
17M+Users
11.5%Adoption
BybitTop Exchange
13%Max Tax
1Crypto Spots
Highlight
Russia approved a cryptocurrency mining law signed by Putin in 2024, officially regulating the industry.
Regulation Timeline
2020
Federal law recognizes crypto as property.
2022
Restrictions on crypto payments.
2024
Putin signs cryptocurrency mining law.
Regulatory Framework
Cryptocurrencies are legal to hold but not as means of payment. Mining law approved in 2024.
Available Exchanges
B
BybitPopular among Russian traders.
H
HTXGlobal exchange with Russian users.
C
CommEXCIS-focused exchange.
How to Buy Crypto
1
Sign up on Bybit or HTX.
2
Complete KYC.
3
Deposit rubles via P2P.
4
Buy Bitcoin or USDT.
Crypto Taxes
Capital gains tax
Flat rate13%
Deductible
Losses not deductible.
Deadline
April 30
Crypto gains taxed as personal income (13%-15%).
Tax Estimator
$
Enter your gain
Type
Capital gains tax
Deadline
April 30
Crypto Spots
📍
Moscow Crypto HubHub
MoscuCrypto meetup center.
Crypto Communities
Russia Crypto
Telegram+50K members.
Crypto Russia
VK+20K members.
Comparison: Europe
| Country | Users | Adoption | P2P Vol. | Status | Exchange |
|---|---|---|---|---|---|
| 🇷🇺 RussiaYou | 17M+ | 11.5% | $500M+ | Restricted | Bybit |
| 🇪🇸 Spain | 6M+ | ~12% | $3B+ anual | Regulated | Binance |
| 🇵🇹 Portugal | 1M+ | ~10% | $1B+ anual | Regulated | Binance |
| 🇩🇪 Germany | 12M+ | ~16% | $10B+ anual | Regulated | BISON |
| 🇬🇧 United Kingdom | 12M+ | ~18% | $12B+ anual | Regulated | Coinbase UK |
| 🇫🇷 France | 8M+ | ~12% | $6B+ anual | Regulated | Coinhouse |
| 🇮🇹 Italy | 7M+ | ~12% | $5B+ anual | Regulated | Young Platform |
| 🇳🇱 Netherlands | 4M+ | ~22% | $4B+ anual | Regulated | Bitvavo |
| 🇨🇭 Switzerland | 3M+ | ~35% | $5B+ anual | Regulated | Sygnum Bank |
Crypto Curiosities
✨Fact #1
Russia has one of the world's largest Bitcoin P2P markets, exceeding $500M monthly.
Related Crypto News
Frequently Asked Questions
Is crypto legal in Russia?
Yes, holding is legal but it cannot be used as means of payment.
How to buy crypto in Russia?
Through P2P exchanges like Bybit or OTC.
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