TOP 6 Cryptocurrency Wallets in Russia (2025)
Eliza Thornton
In Russia, choosing the right cryptocurrency wallet means finding one that supports ruble-based exchanges, complies with local regulations, and secures assets during cross-border transfers. However, choosing insecure crypto wallets can lead to serious issues like theft, hacking, and irreversible loss of assets. Users might suffer identity theft or lose their entire crypto holdings. Selecting a secure wallet protects personal information and financial stability.
After investing more than 135 hours researching and testing 27 different crypto wallets, I created this guide to help you effortlessly identify the best cryptocurrency wallets available in Russia. I aimed to save you valuable time by clearly highlighting each wallet’s strengths and weaknesses, features, and pricing. It will help you find the perfect match for your needs. Read more…
Best Crypto Wallets in Russia: Top Picks!
| Wallet Name | Supported Cryptocurrencies | Wallet Type | Price | Link |
|---|---|---|---|---|
| Zengo | 1000+ (BTC, ETH, BNB, etc.) | Non-custodial (mobile wallet) | Free | Learn More |
| Tangem | 6000+ (ADA, XRP, TRX, etc.) | Non-custodial (hardware wallet) | Paid | Learn More |
| Kraken | 200+ (BTC, ETH, SOL, etc.) | Non-custodial (mobile wallet) | Free | Learn More |
| Trust Wallet | 10M+ assets across 80+ blockchains (USDT, BCH, DOGE, etc.) | Custodial (Exchange) Non-Custodial (Web3 Wallet) | Free | Learn More |
| Binance | 350+ (USDT, ADA, XRP, etc.) | Custodial (exchange) & non-custodial (Web3 wallet) | Free | Learn More |
1) Zengo
Zengo is a highly secure, multi-chain cryptocurrency wallet supporting Russian users with robust compliance, local payment support, and advanced features. It offers encrypted biometric login and cloud backup, protecting assets even if devices are lost. Zengo aligns with Russian crypto laws by supporting KYC and disallowing crypto payments while enabling legal trading and holding. Zengo is especially popular among traders, investors, and those who are new to crypto trading. I appreciate how easy it is to buy or sell crypto in rubles, access NFTs, use DeFi tools, and manage assets on mobile, all with excellent support.
Features:
- Self-Custodial Security: Zengo eliminates seed phrase vulnerabilities, ensuring users have complete control over their assets without relying on third-party custodians. This makes it one of the safest wallets for Russian crypto investors.
- Multi-Chain Support: The wallet supports over 380 cryptocurrencies across multiple networks, including Bitcoin, Ethereum, and Tron. Russian users can easily diversify their portfolios without needing multiple wallets.
- RUB Deposits & Purchases: Zengo allows users to buy crypto directly with Russian rubles, streamlining the process for those in Russia. This feature is crucial, as it saves time and reduces conversion costs, making crypto more accessible to the local population.
- Instant Crypto Swaps: Users can swap between multiple cryptocurrencies instantly within the app. While testing this feature, I noticed the rates are competitive and the process is seamless, even during high market volatility.
- Encrypted Cloud Backup: Zengo offers secure, encrypted cloud backups. Even if your device is stolen or lost, you never lose access to your wallet. This is especially beneficial for frequent travellers.
Pros
Cons
Pricing:
Zengo offers its core crypto wallet service free of charge in Russia. There are no fees to store, receive, or send cryptocurrencies. However, users pay transaction fees when buying, selling, or swapping crypto within the app. For advanced features, Zengo Pro is available as a premium subscription starting from approximately 1559.23 Russian Rubles per month.
2) Tangem
Tangem is a cold, non-custodial NFC key-card wallet designed to store cryptocurrency offline securely. In Russia, it supports the Russian language, offers ruble on-ramps, and aligns with local tax and mining regulations. It’s ideal for freelancers, NFT collectors, and DeFi users via WalletConnect. Built with EAL-6+ certified chips and audited by Kudelski (2018) and Riscure (2023), Tangem adds peace of mind. I value its backup cards, though losing all of them means your funds are lost forever.
Features:
- NFC-Enabled Security: Tangem’s hardware wallets use NFC technology, allowing users to manage crypto assets securely without Bluetooth or Wi-Fi. This reduces the risk of remote hacking and makes it convenient for me to access it in public spaces.
- Multi-Currency Support: Tangem supports a wide range of cryptocurrencies, including Bitcoin, Ethereum, and the most popular tokens. Russian users benefit as the wallet is compliant with ruble-based stablecoins and major exchanges that operate in Russia.
- No Seed Phrase Storage: With Tangem, you don’t need to write down or remember seed phrases. The wallet generates private keys and stores them securely on the chip. This is an excellent option for new users who might lose their backup phrases.
- Backup and Restore Functionality: You can set up backup cards during initialization, so if your primary card is lost or damaged, assets remain safe. I suggest always initializing at least one backup card for peace of mind.
- In-App Exchange: The wallet app offers integrated exchange functionality, letting Russian users swap between cryptocurrencies or to stablecoins directly within the app. This reduces reliance on external services, crucial given changing exchange laws in Russia.
Pros
Cons
Pricing:
As per the latest pricing updates, Tangem is offering a 10% discount on its wallet rates. Please refer to the table below for pricing details:
| Wallet Slot | Actual Price |
|---|---|
| 3-card | $69.90 |
| 2-card | $54.90 |
| Family Pack | $139.80 |
| Ring with 2 cards | $160.00 |
Please note: The discounted price is subject to availability.
3) Kraken
Kraken is a non-custodial hot wallet integrated into the Kraken exchange, built for fast trading and secure digital asset storage. It previously supported RUB trading and a Russian interface, but due to EU and international sanctions, only withdrawals are now permitted in Russia. Ideal for Web3 developers, DeFi beginners, and privacy-focused users, it features multi-signature security and real-time account recovery. After using Kraken’s cold-storage vault, I was impressed by its proof-of-reserves audit that certainly adds confidence. Still, Russian users face ongoing service restrictions.
Features:
- Advanced Security Measures: Kraken offers top-tier security, including two-factor authentication and withdrawal whitelists. It is especially vital for Russian users navigating complex crypto regulations. Your funds are protected with industry-leading protocols.
- Russian Ruble (RUB) Integration: Kraken enables seamless RUB deposits and withdrawals. This greatly simplifies transactions for Russian users. I suggest linking a local Russian bank account for even faster settlements. You will notice reduced conversion fees and quicker fund availability.
- Staking Capabilities: You can stake several cryptocurrencies directly from the Kraken wallet. It is a valuable earning opportunity for Russian users. Kraken’s detailed earning reports help track your passive income and stay compliant with Russian taxation.
- Seamless Fiat On-Ramp/Off-Ramp: Kraken supports fiat on-ramp and off-ramp options for Russian users. This means you can buy crypto with RUB and cash out with minimal hassle. I suggest using verified payment methods for smoother transactions.
- Instant Buy/Sell: The Instant Buy feature streamlines trading popular cryptocurrencies. It’s particularly helpful during periods of ruble volatility. I have found this useful when monitoring the market for sharp price swings, especially after government policy announcements.
Pros
Cons
Pricing:
Kraken Wallet is free to download and use. There are no setup or ongoing fees, only standard blockchain network fees for transactions.
4) Trust Wallet
Trust Wallet is a non-custodial mobile wallet offering secure crypto storage, seamless DeFi access, and support for digital assets, with compliance with Russian DFA laws and support for ruble via TWT swaps. It features MPC encryption, biometric unlock, and optional encrypted cloud backup. Audited for security and aligned with Bank of Russia frameworks, it supports local staking and real-time recovery. Freelance pros, SMEs, and long‑term investors benefit from seamless DeFi integrations and token swaps. I’ve used it to stake on Russian DeFi protocols, and its recovery key helped during a device switch, though network fee fluctuations remain a minor downside.
Features:
- Built-In Staking: The wallet lets Russian users stake supported coins for passive income. I used the staking feature with Binance Coin and received rewards directly in the wallet, which is a great way to grow holdings.
- Secure Private Key Storage: Trust Wallet offers on‑device, AES‑encrypted private key storage. You maintain full custody, which aligns with Russia’s pivot to crypto compliance and self‑custody. I once recovered keys after a device crash—total control.
- SWIFT Smart Contract Wallet: SWIFT in Trust Wallet uses account abstraction, letting you set up and recover your wallet with biometrics instead of a seed phrase. You can pay gas fees using over 200 tokens and enjoy seamless 1-click transactions.
- Hardware Wallet Integration: Trust Wallet supports integration with hardware wallets. It benefits Russian users who hold significant assets and want to keep their private keys offline.
- Encrypted Cloud Backups: There is also an option that lets you create encrypted cloud backups for your wallet data. This ensures you can restore your assets even if your device is lost, which I found especially reassuring during my travels.
Pros
Cons
Pricing:
Trust Wallet is free to download and use, with no setup or maintenance fees. Presently, the Trust Wallet Token (TWT) is trading around $0.72–$0.73.
Link: https://trustwallet.com/
5) Binance
Binance is a mobile-first, custodial crypto wallet offering secure asset management and seamless trading, tailored for Russia’s fast-evolving market. It supports RUB deposits, a Russian-language interface, and aligns with Rosfinmonitoring compliance. With stringent security policies, cold storage, and third-party audits, it meets strict sanction protocols. It helps retail users, institutions, and investors benefit from low fees, real-time recovery, and DeFi access. I’ve personally found value in Binance’s “Proof of Reserves” and its P2P filters customized for the Russian crypto community.
Features:
- Built-In Swap Functionality: The built-in swap tool lets users instantly exchange between cryptocurrencies with competitive rates. I suggest using this feature for fast asset rebalancing, especially when reacting to sudden market shifts in Russia.
- Advanced Security Protocols: Binance offers industry-leading security, including two-factor authentication (2FA) and device management. While testing this feature, I found the anti-phishing code feature adds another layer of protection, which reassured me about the safety of my funds.
- Seamless P2P Trading: Traders can easily buy and sell crypto directly with others using the Peer-to-peer (P2P) trading on Binance. It also supports RUB settlements. The tool lets you set custom prices and payment terms, which can help maximize profits or reduce risks.
- Cold & Hot Storage Options: The platform automatically balances user funds between cold and hot wallets to ensure both security and liquidity. You will notice, especially during high market volatility, that funds remain accessible without security being compromised.
- Crypto Savings & Staking: Binance wallets let you earn passive income by staking supported coins or participating in savings products. Many Russian users benefit from this as staking can outperform traditional banking yields in the country.
Pros
Cons
Pricing:
Binance Wallet is offering zero trading fees on all swaps, bridge trades, and quick buys for users with a native, backed-up wallet. Network gas fees still apply. Also, it does not charge any fees for eligible in-app trades.
6) Bybit
Bybit Wallet is a custodial mobile crypto wallet that enables secure trading, easy staking, and access to DeFi tools. It supports RUB deposits, adheres to Russian KYC/AML regulations, and offers MPC + multisig security with cold storage for enhanced protection. Designed for beginners, freelancers, and security-minded users, it simplifies token swaps and asset recovery. I’ve used its dApp browser in Russia and found the one-tap staking highly efficient. While it trades full key control for convenience, it remains impressively secure.
Features:
- Fiat Onramp Integration: Bybit allows Russian users to buy cryptocurrencies using rubles through partnered payment gateways. This feature supports direct deposits and withdrawals, simplifying the transition from fiat to crypto and ensuring compliance with current Russian financial regulations.
- Advanced Asset Management: There is also an option that lets you track your portfolio’s performance in real time. This dashboard aggregates your balances and trading history, helping you stay on top of market trends and personal gains.
- Mobile Wallet App: Bybit’s mobile application enables you to manage funds, trade, and stake coins on the go. While using this feature, one thing I noticed was how seamless it is to receive notifications about wallet activities, even when traveling between cities like Moscow and Saint Petersburg.
- Staking and Yield Generation: You can earn passive income by staking supported coins directly within the Bybit wallet. I have seen Russian users benefit from this, as it’s a legal and efficient way to increase crypto holdings without actively trading.
- Advanced API Access: There is also an option for advanced users to connect their wallets to third-party tools or custom trading bots via secure APIs. I created automated alerts for wallet balance changes, which were especially useful for monitoring assets held in multiple accounts.
Pros
Cons
Pricing:
Bybit Wallet is free to create and use; there are no fees for deposits or internal transfers between Bybit wallets. Free options include all wallet types and basic usage. However, withdrawals incur coin-specific fees, and token swaps have a 0.1% fee.
Comparison between the best Crypto Wallets in Russia
| Wallet | Zengo | Tangem | Kraken | Trust Wallet |
|---|---|---|---|---|
| Regional Fiat-on-ramps | ✔️ | ✔️ | ✔️ | ✔️ |
| Web3/DApp compatibility | ✔️ | ✔️ | ✔️ | ✔️ |
| MFA/2FA | ✔️ | ✔️ | ✔️ | ✔️ |
| Seed Phase Backup | ❌ | ❌ | ✔️ | ✔️ |
| Custodial/Non-Custodial | Non-Custodial | Non-Custodial | Custodial | Non-Custodial |
Steps to Buy Your First Crypto Coin in Russia
If you are a beginner to the crypto industry and want to invest in a crypto coin in Russia, here are the steps to follow:
Step 1) You need to select a reputable platform supporting RUB (e.g., Zengo).
Step 2) Next, you have to register for the platform by signing up and completing the KYC verification process.
Step 3) After the registration process is successful, you can start depositing funds. You may add Russian rubles via bank transfer or card.
Step 4) Once you are registered, you can purchase cryptocurrencies using RUB. Choose from the available crypto coins.
Step 5) Finally, transfer crypto to your personal wallet for safety.
How Russian Traders Can Earn After Holding Crypto?
Russian traders can earn after holding crypto by selling their digital assets like Bitcoin or Ethereum on platforms such as Zengo and Binance when prices rise, thus realizing a profit.
They may also convert crypto holdings into rubles through domestic exchanges or use stablecoins like Tether (USDT) for easier currency conversion and transaction privacy.
Additionally, some traders participate in staking or crypto derivatives for passive income or leveraged gains. Market knowledge and strategic timing are crucial for maximizing returns.
How FATF’s Travel Rule Impacts Russian Crypto Traders for Cross-Border Transfers
FATF stands for Financial Action Task Force. It is a global watchdog that combats money laundering, terrorist financing, and financial crimes by setting international regulatory standards. The FATF’s Travel Rule might restrict how Russians use crypto for cross-border transactions. This rule requires Virtual Asset Service Providers (VASPs) to collect and share detailed information about senders and recipients. This increases compliance obligations and oversight, especially when transactions involve sanctioned parties.
While Russia allows cross-border crypto transfers under strict KYC and AML rules, these requirements could limit access, slow down transactions, and narrow the pool of eligible users. Such scenarios are likely to be obvious since regulators aim to manage risks and adhere to global standards.
How will the digital ruble influence crypto wallet use for Russian traders
The digital ruble is changing the game for crypto traders in Russia, and if you’re navigating this space, you’ve probably noticed the shift.
Here’s the thing:
- The Bank of Russia fully controls digital Ruble wallets. When you use them, every move is visible to the authorities, unlike the privacy of your typical crypto wallet.
- You might see it as safer, especially for domestic transactions. That’s how the government’s pitching it: regulated, secure, and more “acceptable.”
- Although still optional, with sanctions tightening, it’s becoming a more convenient choice for transfers and payments.
- Privacy takes a hit, though. If you’re used to peer-to-peer or cross-border deals, you’ll feel the difference.
So, what do you do? You balance both. You keep crypto wallets for autonomy, but lean into digital ruble wallets when the stakes are legal or sanctioned. It’s a cautious coexistence, at least for now.
How can Russian users do international transactions using crypto after the Russian-UK war sanctions?
If you are in Russia and want to make international transactions despite the sanctions, using crypto can be a practical workaround.
You can start by setting up a digital wallet from a trusted crypto provider like Zengo or Kraken. Then buy cryptocurrencies like Bitcoin or USDT through peer-to-peer platforms or local exchanges. After that, you can send funds directly to anyone worldwide, bypassing traditional banks.
Just remember, you’ll need to stay updated on regulations and use secure platforms to keep your assets safe.
FAQs
Verdict
Before concluding this roundup, I weighed user experience, security, and accessibility in Russia’s unique crypto climate. I recommend the following top 3 picks:
- Zengo: Zengo stands out for its passwordless security, backed by an intuitive UI. I found its keyless tech a breath of fresh air, especially for beginners needing simplicity without sacrificing protection.
- Tangem: Tangem’s hardware wallet doubles as a sleek, tap-and-go card. I love its offline security, mobile integration, and how it skips the typical hardware wallet complexity that Russian users might find frustrating.
- Kraken: Kraken offers a hybrid wallet service that’s robust, regulated, and feature-packed. I picked it for its reliability, fiat access, and support, even as regulations shift in Russia’s crypto scene.