Cryptocurrency trading in Russia according to new rules, and options for solving a possible problem

In the coming months, and possibly days, a law will be adopted to regulate the circulation of cryptocurrencies in the Russian Federation.

This law is aimed at protecting the interests of ordinary citizens, as it involves licensing exchanges that exchange cryptocurrencies.

In addition, it is expected that capital requirements will be introduced for organizations carrying out exchanges; this money will be kept in bank accounts and used in the event of financial problems.

In order to reduce the risks of losses during speculative trading of cryptocurrencies, only citizens with specialized education and experience in margin trading will be allowed to participate in it.

Another key point will be the transparency of exchange transactions with a complete lack of anonymity. Anyone who deals with cryptocurrency will be required to carry out transactions through a special “wallet” opened in one of the banks.

And also provide information about your cryptocurrency wallets, that is, in this way all profits received and all receipts of funds will be controlled.

What to do if you want to trade cryptocurrencies, but without unnecessary complications?

At the moment, there is already a fairly simple and comfortable way to bypass restrictions that have not yet been adopted.

This can be done through international brokers that allow it, and there are companies where you can top up your account with bitcoins and withdraw in the desired currency to a card or electronic payment system.

Technically the process looks like this:

• Registration – with a broker that provides the opportunity to trade cryptocurrencies. List of brokers providing this opportunity - https://time-forex.com/kriptovaluty/brokery-kriptovalut

• Verification – confirmation of identity, but unlike a bank, a broker is not a tax agent and will not inform the tax office about your funds.

• Replenishing your account - as a rule, this can be done in a large number of ways, from bank cards to cryptocurrencies.

Afterwards, you can open cryptocurrency transactions without restrictions and receive profits, which you can withdraw in a way convenient for you.

The best option for trading cryptocurrency at the moment, in my opinion, is the company RoboForex ( www.roboforex.org ) - where you can withdraw money in the following ways:

In addition, I would also note the following advantages of working with this broker - quick verification, instant withdrawal of funds without commission twice a month, high leverage on cryptocurrencies.

For example, to withdraw profits here you can use a payment system such as WebMoney , and then transfer money from your WebMoney wallet to a card or cash out through special services.

We can conclude that the new rules for trading cryptocurrency in Russia will not become a big obstacle for those who want to make money on the cryptocurrency exchange rate. The main thing is to organize the work system correctly.