The fall of the ruble and the collapse of the Russian economy are pushing Russians to crypto exchanges
Traffic to crypto exchange sites is growing by an average of 5% per week
Russians most often visit Binance
Interest in cryptocurrencies is fueled by macroeconomic factors
Economic instability and the devaluation of the ruble have prompted Russians to look for alternative ways to preserve capital.
In November 2024, Russians visited crypto exchange sites more often. We tell you what this is connected with and which platforms were especially popular among Russians.
According to the mobile operator MegaFon, from the beginning of September to mid-November, Russians' Internet traffic to cryptocurrency platforms grew by an average of 5% per week, and in just two weeks of November, the figure exceeded the total October traffic by 8%.
In November, not only Russians visited crypto exchanges more often. The total traffic on the 20 leading cryptocurrency platforms grew by 8-10%, with Russian users accounting for up to 30% of this Internet traffic.
Russians still choose Binance, Bybit and MEXC. They accounted for 45%, 25% and 8% of all traffic spent on visiting cryptocurrency platforms.
