Russians are actively using DeFi (decentralized finance)

Russia has become one of the top five leading countries in terms of the number of users interested in solutions based ondecentralized finance (DeFi). Analysts from the blockchain resource DappRadar came to this conclusion.

According to the published report, Russia ranks fifth in the list of countries for active use of DeFi. Now Russia is inferior to India, China, the USA and Thailand.

</p>

It is noteworthy that there is much less DeFi activityobserved in Europe, analysts found. However, things are completely different with the non-fungible token (NFT) market. Here the leaders are the United States, followed by Indonesia and Russia.

</p>

India is also interested in NFT, but lessdegrees, experts say. The most popular platforms, according to DappRadar, are Binance Smart Chain (BSC), Ethereum, and Polygon. However, in terms of the capital allocated in the protocols, Ethereum remains the undisputed leader.

At the same time, the success of Ethereum has mainly becomethanks to the development of solutions like Uniswap (UNI) and Polygon (MATIC). Messari experts believe that the decline in trust in BSC is due to a series of hacks of protocols based on the ecosystem.

However, the biggest hack wasinter-network. Earlier it became known that an unknown person had hacked the Internet protocol of decentralized finance called Poly Network. The attacker managed to steal more than $ 600 million in various cryptocurrencies. At the moment, the hacker has already recovered the stolen assets, but the attack has already become the largest in the DeFi segment to date.

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 cryptocurrency exchange in the world is Binance. Binance is also the most popular crypto exchange in Russia and the CIS, since it has the largest cash turnover and 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	FTX	https://ftx.com	7.5
3	Bybit	https://bybit.com	7.2
4	OKEx	https://okex.com	7.1
5	Exmo	https://exmo.me	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.
• 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.
• Platform Features– availability of additional features &#8212; futures, options, staking, etc.
• final grade– the average number of points for all indicators determines the place in the ranking.

</p>

Rate this publication