A growing number of platforms allow Russian residents to purchase cryptocurrencies with local fiat money. Established cryptocurrency exchanges are not the most trouble-free option, however, as they often require extensive registration and rarely support popular payment methods in the region, unlike small online exchangers and peer-to-peer platforms.
Russian Users Ask Search Engines How to Buy Bitcoin
Resurging cryptocurrency markets have lifted the mood across the crypto space. The global community hopes to see the continuation of the positive trend that has the potential to restore popular interest in decentralized digital currencies, along with the upcoming Bitcoin halving. The first signs this might be happening are already here with worldwide Google searches for bitcoin hitting a monthly high in February.
Russia, as а promising market for cryptocurrencies, is no exception. Russian searches for “биткоин” (bitcoin) on both Google and Yandex have been increasing. In the past month, Russian speaking users have been asking the search engines about bitcoin’s current rates in U.S. dollar and Russian ruble and over the past week there’s been a 350% spike in Google queries about the bitcoin cash (BCH) rate on Google. “Buy bitcoin” is a common keyword combination on Yandex Search.
There’s plenty of options to keep an eye on moving crypto prices nowadays. For example, Bitcoin.com’s Bitcoin Markets tool provides real-time price updates in both dollars and rubles among multiple fiat currencies. The platform is also available in Russian and you can chose your preferred language and currency from the settings. Various Russian sources offer market data for leading cryptocurrencies including specialized websites such as Bitcoininfo.ru,