How to Convert Rubles to Cryptocurrency: Exchanges, Exchangers, P2p and Other Ways of Conversion

The question of how to convert rubles to cryptocurrency becomes relevant in conditions of economic crisis and devaluation of fiat currencies. Cryptocurrency attracts investors by the fact that in addition to saving money, it can help significantly multiply savings – of course, if the market situation will contribute to this.

Digital assets are extremely volatile, but this is not only their weakness, but also their strength – in a short period of time, investments can grow by tens or hundreds of percent.

The editorial staff will tell you about working ways to convert rubles into cryptocurrency. But we advise not to forget about high risks and make all investments thoughtfully

Is it legal to buy cryptocurrency in Russia

There are active disputes around the legitimacy of cryptocurrencies in Russia between different agencies – Ministry of Finance, Central Bank. At any moment, the situation may change, but as of March 2022, the situation is as follows:

  • There is a law on digital financial assets, which equates cryptocurrencies with property and prohibits their use as a means of payment.
  • A bill on the regulation of cryptocurrencies has been prepared. The requirements for exchanges and exchange operators, which will be able to organize the circulation of digital currencies, are defined.
  • A complete ban on virtual assets is not planned.
  • Operations of purchase/sale of crypto will be possible only with the full identification of the client and with the help of an account in a Russian bank.
  • Users will be tested to understand the risks. If the test is not passed, the amount of investment is limited to 50,000 rubles.
  • Mining will be officially enshrined as a type of activity, and appropriate supervision will be applied to it.
  • The roadmap for crypto-regulation, which includes the listed aspects, has been approved. All significant agencies, from the Ministry of Finance of the Bank of Russia to the Prosecutor General’s Office and the Ministry of Internal Affairs participated in its development.

It is also worth noting that if transactions with digital assets are made regularly and generate income, these activities are considered entrepreneurial and are taxable. It is possible to register as a sole proprietorship/legal entity or simply file an annual tax return.

Ways to transfer rubles into cryptocurrencies


Cryptocurrency exchanges are among the most popular ways to buy bitcoin or other crypto for fiat. These platforms are equipped with all the features not only for trading, but also for investing with passive income.

Examples of trading platforms:

  • Binance
  • Bybit
  • EXMO
  • OKX
  • Huobi
  • Payeer Exchange
  • Yobit
  • Bitget

Most of modern exchanges allow you to make direct purchases of cryptocurrencies from any bank card, as well as recharge through a payment system. When doing so, pay attention to commissions and limits. In addition, withdrawal methods can also be turned on and off depending on the circumstances.

Also, verification of the person, i.e. passing the KYC check with the confirmation of the identity and address of the client, became a mandatory condition at almost all the sites. This is a requirement of regulators in different countries who want exchanges to help track money laundering and other financial crimes. The anonymity of cryptocurrency is greatly hindered in this case, and with the condition of verification it is possible to immediately determine the identity of the person who made a suspicious transaction.


This method is in demand mainly because of its simplicity and anonymity. The exchangers do not require identity verification (only some require bank card verification). Fees at exchangers are already included in the rate and also depends on the rate at major cryptocurrency exchanges. Monitors (BestChange, Kurs Expert) help to find a service with the most favorable exchange rate at the moment, because this rate is constantly changing.


  • 60cek.
  • Prostocash
  • Baksman
  • Nice Change
  • Matbea
  • Kassa
  • ExchangeKey

At the site of the exchanger you need to select the direction – for example, from Kiwi to bitcoin – and then specify the amount and details. There is always a minimum amount of exchange for different payment directions, for example, from 5000 or 10,000 rubles. This is the main disadvantage compared to exchanges, where you can buy cryptocurrency for even 1000 rubles.

Specifying all the data, the client creates an application for the exchange. The service provides its details, to which the payment should be made (for example, the number of the wallet Kiwi). The client is required to transfer the specified amount, and then return to the exchanger’s website and confirm the transfer. Wait until the payment is received. Then the exchanger will send a response payment, but in the case of cryptocurrency its enrollment may take up to an hour.

Monitor the status of the request in your personal cabinet, and if you have any questions or problems, please contact the service’s support chat.


Some cryptocurrency wallets cooperate with payment services that convert fiat money into digital coins.


  • Trust Wallet
  • Trustee
  • Matbea
  • Jaxx
  • Atomic Wallet

Note that occasionally some pairs of trades are unavailable. Also wallets often offer a choice of several payment service providers. If one of them does not support rubles, or you are not satisfied with the conditions, check the others.

It is necessary to enter the amount and specify card information, possibly create an account in the payment system. After payment confirmation, coins are usually credited within 10 minutes.

Payment systems

Payment systems that support cryptocurrencies allow you to easily and conveniently operate your digital and fiat assets – exchange, deposit and withdraw them.


  • AdvCash
  • Payeer
  • Capitalist

The choice of ways to buy cryptocurrencies for rubles in payment systems is quite wide. For example, AdvCash allows you to buy directly from your internal fiat account, from a bank card, as well as link an account of the Binance exchange and put coins on its balance. Payeer – has a built-in crypto exchange where you can trade without verification.


p2p platforms allow you to transfer rubles or other fiat into cryptocurrency assets by purchasing without intermediaries from other users. Payment will need to be made directly to the details provided by the seller. The exchange controls the integrity of the transaction by blocking the cryptocurrency until the payment is executed and confirmed by both parties.


  • Binance P2P
  • OKX P2P
  • Bybit P2P
  • Bitzlato
  • LocalCryptos
  • Sky Crypto
  • Garantex
  • Bitpapa

Exchange rate is set by seller at his discretion, as well as other terms – limits, accepted payment method. Commission is usually charged only from ad creator or split in half between buyer and seller.

Telegram bots

Bots in the Telegram messenger are multifunctional, they can be used to both change cryptocurrency and store it (creating a decentralized wallet). Bots are usually tied to services such as exchanges or p2p exchanges, but they can also be independent.





Choose your bot carefully, because there are a lot of scammers in Telegram. Some disguise themselves by creating names that look like normal services.


A Crypto ATM, or cryptomat, is a device that allows you to buy cryptocurrency for cash rubles. Basically such cryptomats are installed in Western countries, more loyal to cryptocurrencies, but in Russia (for example, in Moscow) you can find some instances.

Search map:

To buy will need to specify the amount of the transaction and the address of the wallet to credit the coins. The address can be scanned as a QR-code by the built-in scanner of the crypto-machine. Money is deposited in cash, in some cases by card. Crediting can take up to an hour, depending on the loading of the blockchain. Be sure to take the receipt, it has contacts to contact if the payment is not received.

Promising cryptocurrencies to buy

Experts see the following cryptocurrencies as promising in the first half of 2022:

  • The Sandbox, Decentraland. These are tokens of meta-universes, an extremely popular industry that will be actively developing in the near future.
  • Near, Polygon, Solana, Cardano, Polkadot. Modern blockchain cryptocurrencies that provide high bandwidth and other important solutions.
  • Litecoin. An underrated coin, one of the oldest on the market.
  • Bitcoin, Ethereum. The classic “set.” Two of the most capitalized coins that have held this status for years.
  • Uniswap, 1inch. DeFi industry tokens will also become more and more in demand over time as the sector grows and evolves.
  • The crypto market is highly sensitive to the political and economic risks of traditional markets. Also of note is the high correlation between cryptocurrencies. As a rule, if bitcoin grows, the whole market will follow and vice versa.


How can I transfer Russian rubles into cryptocurrency?

The main ways: exchangers, exchanges, p2p-platforms, wallets, payment systems, Telegram-bots or cryptomats. Each is described in more detail in the article.

What payment methods are supported on exchanges?

Often there is an opportunity to buy cryptocurrency from a card or top up fiat accounts through payment systems Payeer, AdvCash.

What are the advantages of exchangers?

The main advantages are anonymity and speed of transaction.

Is it allowed by law to buy cryptocurrency for rubles?

For now, yes. In the future, with the introduction of new legislation, the situation may change.

How to find a reliable bot in Telegram for currency exchange?

It is recommended to use bots from trusted exchanges and exchangers, copying the address from their official websites, so as not to make a mistake and not contact fraudsters.

How do p2p-exchanges work?

Based on escrow account technology. Fiat users transfer each other themselves, regardless of the exchange, and the site holds the digital assets in an escrow account until they are successfully paid.


We have considered all the main ways to transfer rubles to cryptocurrency safely and quickly. When choosing services, focus first of all on their reputation, the age of work, recommendations from proven experts. The most profitable offers are often a trick from scammers. No one will operate at a loss. So you should not chase the economy, much more important is the reliability and honesty of the service provider. Also, decide what kind of cryptocurrency to buy. Be sure to use the principle of diversification – do not invest all your money in just one asset, but distribute it among several with different degrees of volatility.

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