Best Crypto Exchanges in Belarus

Top Crypto Trading Platforms in Belarus

Belarus has become a crypto-friendly nation thanks to progressive regulations like Decree No. 8, which legalized cryptocurrency activities. Despite the absence of locally licensed exchanges, Belarusian investors can access a variety of international platforms that cater to their needs. Here is a comparison table of the five best exchanges in Belarus, considering assets, fees, and features.

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1. KuCoin

KuCoin is the best crypto exchange in Belarus, offering a multilingual interface accessible in Russian. Launched in 2017, it serves over 39 million users across 200+ countries. It’s popular for its wide range of tradable assets, supporting 900+ cryptocurrencies and boasting a 24-hour trading volume exceeding $4.41 billion.

Belarusian traders have access to spot trading, futures trading, leveraged tokens, and margin trading with 100x leverage. Additional trading tools include spot and futures trading bots, pre-market trading and KuCoin’s GemSPACE feature, which provides exclusive access to newly launched tokens. 

Additionally, it offers staking, borrowing, and lending services through KuCoin Earn, where users can generate passive income through flexible savings, locked staking, or dual investments. Transparency is the key strength of KuCoin, with Proof of Reserves ensuring that all user funds are backed 1:1.

• Fees: 0.1% spot trading fees.
• Supported Assets: Over 900 cryptocurrencies.
• Regulation & Licensing: Adheres to global regulations and is available in Belarus.
• BYN Deposits: A-Bank, bank transfer, and credit or debit cards.

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2. Gate.io

Gate.io is one of the most comprehensive crypto exchanges in Belarus, offering access to over 3,700 digital assets and a wide range of trading products. Established in 2013, it has become a trusted platform with 21 million registered customers. The exchange is known for its strong security protocols, deep liquidity, and low fees.

It supports spot trading, margin trading, perpetual contracts, and leveraged ETFs. The Pilot feature gives early access to trending on-chain projects, while Gate Startup provides investment opportunities in new token launches. Gate.io also offers Web3 services, such as cross-chain swaps, DeFi staking, and NFT trading. 

Users can also explore automated spot and futures trading bots, which help execute trades based on pre-set strategies without constant monitoring. Additional services include Gate Pay, enabling seamless crypto payments, and the Gate Card, which allows users to spend their crypto worldwide.

• Fees: 0.2% spot trading fees.
• Supported Assets: Over 3,700 cryptocurrencies.
• Regulation & Licensing: Not regulated but is available in Belarus.
• BYN Deposits: Credit or debit card.

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3. Bybit

Bybit is one of the leading crypto derivatives platforms, offering deep liquidity, advanced trading tools, and high-leverage perpetual contracts. It is home to over 66 million clients across Belarus and 160 other countries. With a daily trading volume exceeding $40 billion, it is designed for traders seeking fast execution speeds.

The exchange supports spot, margin, and futures trading, allowing users to trade perpetual contracts with leverage up to 200x. Bybit Earn provides multiple passive income options, including staking, lending and borrowing, savings accounts, dual investments, on-chain earn, and liquidity mining. 

Advanced tools such as AI-driven TradeGPT, automated trading bots, and copy trading further enhance the user experience. Additional services include the Bybit Visa Card, offering up to 10% cashback, NFT trading, and a Web3 wallet. Bybit also runs regular trading competitions, airdrops, and promotions for active users.

• Fees: 0.1% for spot trading.
• Supported Assets: Over 1,700 cryptocurrencies.
• Regulation & Licensing: Regulated by CySEC across Europe and is available in Belarus.
• BYN Deposits: Bank transfers, A-Bank, Revolut, Monobank, Privat Bank, KoronaPay and credit or debit cards.

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4. OKX

OKX offers both centralized and decentralized finance (DeFi) services to traders in Belarus. With a global presence in 180+ regions, it has established itself as a trusted platform for spot trading, derivatives, and Web3 services. The exchange is known for its deep liquidity, low trading fees, and easy user experience.

There is a wide range of 350 tokens and 100+ perpetual futures contracts with leverage. OKX also provides a Web3 wallet, enabling access to DeFi protocols, cross-chain swaps, and NFT trading. The platform’s earn products allow users to stake, lend, and yield farm their crypto assets for passive income. 

OKX stands out for its security and transparency, utilizing Proof of Reserves to verify user asset protection. Traders can also benefit from Jumpstart, which provides early access to new crypto projects. With a user-friendly mobile app, 24/7 Russian-speaking customer support, and multi-layer security measures.

• Fees: 0.1% for spot trading.
• Supported Assets: Over 350 cryptocurrencies.
• Regulation & Licensing: Globally regulated and available in Belarus.
• BYN Deposits: Apple Pay, Google Pay, debit cards and credit cards.

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5. Bitget

Bitget is one of the fastest-growing exchanges, renowned for its copy trading services and advanced trading tools. It has a user base of over 100 million registered traders worldwide, making it a leading platform for social and automated trading. This allows customers to follow the trades of many professional traders. 

The platform has spot trading, futures contracts with leverage, and algorithmic trading bots. The standout feature of Bitget is its copy trading platform, where users can mirror the strategies of over 200,000 elite traders. The platform also offers Bitget Earn, allowing users to stake, save, and generate passive income.

Bitget prioritizes security with a $510 million Protection Fund, Proof of Reserves for asset transparency, and cold storage solutions to protect user funds. It also holds strategic partnerships, including official sponsorship of LaLiga, strengthening its reputation as a trusted and secure exchange.

• Fees: 0.5% spot trading fees.
• Supported Assets: Over 800 cryptocurrencies.
• Regulation & Licensing: Complies with international regulatory standards and is available in Belarus.
• BYN Deposits: Credit/debit cards, P2P trading, stablecoin transfers, and bank deposits.

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Is Crypto Regulated in Belarus?

The National Bank of the Republic of Belarus has established a crypto-friendly regulatory environment. The government actively supports digital assets and blockchain technology. Since the introduction of Presidential Decree No. 8 in 2018, crypto trading, mining, and investment activities have been legal and tax-exempt for individuals and High-Tech Park (HTP) registered businesses.

President Aleksandr Lukashenko recently hinted at expanding the country’s involvement in crypto, particularly in mining. Amid discussions about the U.S. potentially establishing a national crypto reserve, Lukashenko has proposed using Belarus’s surplus electricity for large-scale Bitcoin mining.

Despite its favorable stance on digital assets, Belarus remains subject to external pressures. The European Union has imposed restrictions on crypto-related financial services involving Belarusian residents. Nevertheless, the country continues to explore ways to integrate cryptocurrency into its economy while maintaining regulatory oversight.

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How is Crypto Taxed in Belarus?

In Belarus, the Ministry of Taxes and Duties has adopted a unique approach to crypto taxation, creating a favorable environment for digital asset investors and businesses. Under Presidential Decree No. 8, individuals trading or mining cryptocurrencies are exempt from personal income tax until mid-2025.

Under Decree No. 8, both individuals and entities engaging in cryptocurrency activities are granted tax exemptions. Specifically, income and profits derived from mining, acquisition, and alienation of tokens are exempt from taxation. For individuals, these activities are not considered entrepreneurial, thereby eliminating the need for declaration or taxation of such income.

Belarus established the High-Tech Park (HTP) to attract IT and crypto businesses by offering a special tax regime. Companies registered as HTP residents benefit from exemption from corporate income tax and reduced personal income tax rates for employees. Instead of traditional profit taxes, HTP residents contribute 1% of their gross revenue to the administration of the park.

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Cryptocurrency Adoption in Belarus

In 2025, Belarus’s cryptocurrency market is projected to generate $15.7 million in revenue, with approximately 445,990 users engaging in digital asset transactions. This equates to 4.74% of the population, highlighting a steady increase in adoption despite market volatility.

A key driver of crypto adoption in Belarus is its regulatory environment, which includes tax exemptions for crypto-related activities. Unlike many countries imposing strict controls, Belarus allows both individuals and businesses to participate in trading, mining, and blockchain development.

Additionally, Belarus benefits from an abundant supply of cheap electricity, making it an attractive destination for cryptocurrency mining.

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How to Buy Bitcoin in Belarus

Belarusian investors looking to enter the cryptocurrency market can follow these steps to purchase Bitcoin and other digital assets using Belarusian rubles (BYN):

1. Choose a Reputable Exchange: Select a trusted cryptocurrency exchange that supports transactions in Belarus. Platforms like Binance, Kraken, and KuCoin are popular options. 
2. Register and Verify Your Account: Sign up on your chosen exchange and complete the Know Your Customer (KYC) process. 
3. Deposit Funds: Fund your account by depositing Belarusian rubles (BYN) or using alternative payment methods such as bank transfers or cards.
4. Purchase Bitcoin: Once your funds are available, navigate to the trading section and select Bitcoin (BTC) or another cryptocurrency. Review the current exchange rate, enter the amount you wish to buy, and confirm the transaction.

This guide clearly outlines the steps for beginners in Belarus to start trading Bitcoin, from setting up an account to making the trade.

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Final Thoughts

Belarus offers a crypto-friendly environment with legal trading, tax incentives, and strong government backing, making it an attractive market for digital asset investors. 

While no local exchanges operate under direct licensing, top global platforms like KuCoin, Gate.io, Bybit, OKX, and Bitget provide Belarusian traders with secure, feature-rich trading options.