As international demand for cryptocurrency is on the rise again, 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 US 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.
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.
Russians can use Qiwi, Sberbank, Yandex Money and now Binance P2P Exchange to buy bitcoin with rublesRead More
