COINOTAG recommends • Exchange signup |
💹 Trade with pro tools |
Fast execution, robust charts, clean risk controls. |
👉 Open account → |
COINOTAG recommends • Exchange signup |
🚀 Smooth orders, clear control |
Advanced order types and market depth in one view. |
👉 Create account → |
COINOTAG recommends • Exchange signup |
📈 Clarity in volatile markets |
Plan entries & exits, manage positions with discipline. |
👉 Sign up → |
COINOTAG recommends • Exchange signup |
⚡ Speed, depth, reliability |
Execute confidently when timing matters. |
👉 Open account → |
COINOTAG recommends • Exchange signup |
🧭 A focused workflow for traders |
Alerts, watchlists, and a repeatable process. |
👉 Get started → |
COINOTAG recommends • Exchange signup |
✅ Data‑driven decisions |
Focus on process—not noise. |
👉 Sign up → |
- The winds of change are blowing through the Russian cryptocurrency market.
- Following Binance’s exit in early 2024, a digital exodus has unfolded, with users scrambling to find new platforms to house their digital assets.
- This shift in allegiance, however, has presented an unexpected opportunity for local players, igniting a land grab for dominance in the world’s largest nation by landmass.
Explore the dynamic shifts in the Russian cryptocurrency market post-Binance exit, highlighting rising local platforms and growing user engagement.
Crypto Market Heats Up Despite Binance Chill
The Bank of Russia’s latest report paints a fascinating picture. While Binance’s grip on the market loosened considerably – its web traffic share plummeting from 47% to a mere 16% in just a quarter – overall crypto activity surged.
Web traffic across all major crypto platforms, including exchanges, peer-to-peer platforms, and over-the-counter services, shot up by a healthy 16.4% compared to the previous six months. This upswing coincides with a period of rising valuations in the crypto market, suggesting a growing appetite for digital assets among Russian users.
Binance’s retreat left a gaping hole, and a host of local contenders are stepping up to fill it. The report identifies a collective of five unnamed exchanges that have seen their web traffic share balloon from 39% to a commanding 64% in the same period. This meteoric rise suggests that these local platforms are effectively capturing the wave of users migrating away from Binance.
COINOTAG recommends • Professional traders group |
💎 Join a professional trading community |
Work with senior traders, research‑backed setups, and risk‑first frameworks. |
👉 Join the group → |
COINOTAG recommends • Professional traders group |
📊 Transparent performance, real process |
Spot strategies with documented months of triple‑digit runs during strong trends; futures plans use defined R:R and sizing. |
👉 Get access → |
COINOTAG recommends • Professional traders group |
🧭 Research → Plan → Execute |
Daily levels, watchlists, and post‑trade reviews to build consistency. |
👉 Join now → |
COINOTAG recommends • Professional traders group |
🛡️ Risk comes first |
Sizing methods, invalidation rules, and R‑multiples baked into every plan. |
👉 Start today → |
COINOTAG recommends • Professional traders group |
🧠 Learn the “why” behind each trade |
Live breakdowns, playbooks, and framework‑first education. |
👉 Join the group → |
COINOTAG recommends • Professional traders group |
🚀 Insider • APEX • INNER CIRCLE |
Choose the depth you need—tools, coaching, and member rooms. |
👉 Explore tiers → |
Crypto Engagement On The Rise
The crypto market churn isn’t just about traffic – it’s about user engagement as well. The Bank of Russia reports a significant increase in the average monthly number of unique users (identified by IP addresses) on these platforms. This growth is accompanied by a rise in the proportion of Russian internet visits directed towards crypto sites, indicating a deepening interest in the digital asset space.
The data doesn’t stop there. The report highlights a substantial increase in the inflows and outflows of major cryptocurrencies like Bitcoin, Ethereum, Tether, and USD Coin by Russian users.
COINOTAG recommends • Exchange signup |
📈 Clear interface, precise orders |
Sharp entries & exits with actionable alerts. |
👉 Create free account → |
COINOTAG recommends • Exchange signup |
🧠 Smarter tools. Better decisions. |
Depth analytics and risk features in one view. |
👉 Sign up → |
COINOTAG recommends • Exchange signup |
🎯 Take control of entries & exits |
Set alerts, define stops, execute consistently. |
👉 Open account → |
COINOTAG recommends • Exchange signup |
🛠️ From idea to execution |
Turn setups into plans with practical order types. |
👉 Join now → |
COINOTAG recommends • Exchange signup |
📋 Trade your plan |
Watchlists and routing that support focus. |
👉 Get started → |
COINOTAG recommends • Exchange signup |
📊 Precision without the noise |
Data‑first workflows for active traders. |
👉 Sign up → |
This activity translates to a staggering 4.5 trillion rubles (roughly $51 billion), a 15.6% jump compared to the previous half-year. These figures underscore the significant role cryptocurrencies are playing in the Russian financial landscape.
The Shadow Of Rug Pulls: Security Concerns Loom Large
While the market is thriving, a dark cloud hangs overhead – the specter of rug pulls. The recent scandal surrounding Beribit, a Russian exchange allegedly linked to a Ukrainian oligarch, serves as a stark reminder of the security risks associated with some platforms.
COINOTAG recommends • Traders club |
⚡ Futures with discipline |
Defined R:R, pre‑set invalidation, execution checklists. |
👉 Join the club → |
COINOTAG recommends • Traders club |
🎯 Spot strategies that compound |
Momentum & accumulation frameworks managed with clear risk. |
👉 Get access → |
COINOTAG recommends • Traders club |
🏛️ APEX tier for serious traders |
Deep dives, analyst Q&A, and accountability sprints. |
👉 Explore APEX → |
COINOTAG recommends • Traders club |
📈 Real‑time market structure |
Key levels, liquidity zones, and actionable context. |
👉 Join now → |
COINOTAG recommends • Traders club |
🔔 Smart alerts, not noise |
Context‑rich notifications tied to plans and risk—never hype. |
👉 Get access → |
COINOTAG recommends • Traders club |
🤝 Peer review & coaching |
Hands‑on feedback that sharpens execution and risk control. |
👉 Join the club → |
Beribit’s alleged disappearance with a reported $4 million of user funds has understandably shaken confidence and intensified the demand for reliable alternatives.
Conclusion
The departure of Binance has undoubtedly reshaped the Russian crypto market. With new players emerging, user activity rising, and security concerns demanding attention, the coming months will be crucial in determining the future of this dynamic digital landscape.
COINOTAG recommends • Members‑only research |
📌 Curated setups, clearly explained |
Entry, invalidation, targets, and R:R defined before execution. |
👉 Get access → |
COINOTAG recommends • Members‑only research |
🧠 Data‑led decision making |
Technical + flow + context synthesized into actionable plans. |
👉 Join now → |
COINOTAG recommends • Members‑only research |
🧱 Consistency over hype |
Repeatable rules, realistic expectations, and a calmer mindset. |
👉 Get access → |
COINOTAG recommends • Members‑only research |
🕒 Patience is an edge |
Wait for confirmation and manage risk with checklists. |
👉 Join now → |
COINOTAG recommends • Members‑only research |
💼 Professional mentorship |
Guidance from seasoned traders and structured feedback loops. |
👉 Get access → |
COINOTAG recommends • Members‑only research |
🧮 Track • Review • Improve |
Documented PnL tracking and post‑mortems to accelerate learning. |
👉 Join now → |