May 1, 2024

Russia in the TOP-10 countries in terms of cryptocurrency adoption index

Russia in the TOP-10 countries in terms of cryptocurrency adoption index

Russia took ninth place in the ranking of countries according to the cryptocurrency adoption index compiled byemployees of the analytical company Chainalysis.

When scoring, experts took into account the following indicators in terms of per capita:

  1. The cost of digital assets sent to crypto exchange accounts;
  2. The volume of trading coins on peer-to-peer platforms;
  3. The amount of tokens and coins listed and withdrawn from DeFi smart contracts.

The highest score (1,000) went to Vietnam, followed by the Philippines in second and Ukraine in third. The US rounded out the top 5, while Russia finished in ninth position.

Russia in the TOP-10 countries in terms of cryptocurrency adoption index

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In general, Chainalysis experts noticed a decreasethe growth rate of popularity of digital assets this year around the world. They attribute this phenomenon to the bear market that traditionally reduces people's interest in virtual currencies.

The maximum global cryptocurrency adoption index was recorded in the second quarter of 2021 and amounted to approximately 0.90, by the second trimester of 2022 it dropped to 0.50.

Russia in the TOP-10 countries in terms of cryptocurrency adoption index

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Where is it more profitable to buy cryptocurrency? TOP-5 exchanges

For a safe and convenient purchase of cryptocurrencies with a minimum commission, we have prepared a rating of the most reliable and popular cryptocurrency exchanges that support deposits and withdrawals of funds inrubles, hryvnias, dollars and euros.

The reliability of the site is primarily determinedtrading volume and number of users. By all key metrics, the largest crypto exchange in the world is Binance. The platform supports transfers in rubles from bank cardsVisa / MasterCardand payment systemsQIWI, Advcash, Payeer.

Especially for beginners, we have prepared a detailed guide: How to buy bitcoin on a crypto exchange for rubles?

Rating of cryptocurrency exchanges:

# Exchange: Website: Rating:
1 Binance (Editor's Choice) https://binance.com 9.7
2 Bybit https://bybit.com 7.9
3 Bitget https://bitget.com 7.8
4 Huobi https://huobi.com 7.3
5 AAX https://aax.com 6.9

The criteria by which the rating is set in our rating of crypto-exchanges:

  • Work reliability&#8212; stability of access to all functions of the platform, including uninterrupted trading, deposits and withdrawals of funds, as well as the duration of the market and daily trading volume.
  • Commissions– the amount of commission for trading operations within the platform and withdrawal of assets.
  • Additional features and services&#8212; futures, options, staking, NFT marketplace.
  • Feedback and support– we analyze user reviews and the quality of technical support.
  • Convenience of the interface– we evaluate the functionality and intuitiveness of the interface, possible errors and failures when working with the exchange.
  • final grade– the average number of points for all indicators determines the place in the ranking.