December 4, 2021

Ukraine and Russia show the greatest interest in cryptocurrencies

Ukraine and Russia show the greatest interest in cryptocurrencies

According to the latest research, the population of Ukraine is most interested in digital assets. Russia ranked second, USA third.

Cryptocurrency brokerage firm BrokerChoosertook into account several factors, such as the total number of digital asset holders and the global adoption index, to determine which country in the world is the most knowledgeable about cryptocurrencies.

Google Phrase Searches“Cryptocurrency”, “compare cryptocurrency”, “what cryptocurrency to invest in”, “cryptocurrency to buy”, “cryptocurrency trading”, “cryptocurrency trends” and “cryptocurrency brokers” also played a significant role in formulating conclusions.

Despite financial problems, fightingand a high percentage of poverty, Ukrainians show a great interest in digital assets and topped the rating with 7.97 points (out of 10). The largest country by area, Russia, took second place, while the largest US economy settled in third place.

It is noteworthy that in fourth place isanother country experiencing economic difficulties is Kenya. And this shouldn't come as a surprise, as the study points out that people in emerging markets often turn their attention to the digital asset industry to protect their savings from currency devaluation.

On the other hand, implementation in such a gooddeveloped regions such as North America, Western Europe and East Asia are provided mainly by institutional investors, notes BrokerChooser.

Returning to Ukraine, we note that for the currentmoment cryptocurrencies are neither legal nor prohibited. Despite the fact that Ukrainians cannot use bitcoin or altcoins to pay for goods or services, traders and investors can buy and sell them on exchanges within the country.

Last month, Ukraine's parliament passed a lawwhich can legitimize and regulate digital assets within Ukraine. Once approved by President Volodymyr Zelenskiy, the new law will protect investors and marketplaces from fraud.

Minister of Digital Transformation Mikhail Fedorovemphasized the popularity of the asset class among the population of Ukraine. He gave hope that an Eastern European country could be the first to legalize cryptocurrencies.

In turn, the CEO of the platformBinaryx Oleg Kurchenko believes that if successful, the bill "will reduce the stereotypical attitude towards cryptocurrencies and help them become normal financial instruments."

Where is it more profitable to buy bitcoin? 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 deposit and withdrawal of funds in rubles, hryvnias, dollars and euros.

Site reliability is primarily determined bytrading volume and number of users. By all key metrics, Binance is the largest cryptocurrency exchange in the world. Binance is also the most popular cryptocurrency exchange in Russia and the CIS, since it has the largest turnover of funds and supports transfers in rubles from bank cards Visa / MasterCard and payment systems QIWI, 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) 9.7
2 Huobi 7.4
3 Exmo 6.9
4 OKEx 6.5
5 Bybit 6.3

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

  • Work reliability - stability of access to all platform functions, including uninterrupted trading, deposit and withdrawal of funds, as well as the period of work on the market and the daily trading volume.
  • Commissions - the size of the commission for trading operations within the site and the withdrawal of assets.
  • Additional features and services - 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 rating.

Ukraine and Russia show the greatest interest in cryptocurrencies


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