How to buy Bitcoin for Yandex Money

---

---

Buying Bitcoin via Yandex Money (Yoomoney) or conducting the reverse procedure is one of the most discussedtopics on the Internet among those who are just about to invest or are already investing in digital blockchain-money. This payment system simplifies the entry into the crypto market and allows you to buy e-money of new generation for classical digital fiat.

Exchangers: features of work, advantages and disadvantages

Features of work, advantages and disadvantages of exchangers show that these online sites have become a universal tool for buying Bitcoin especially with Yandex Money (Yoomoney).

Top exchangers are practical and convenient. They do not force you to go through complex verification procedures and checks for significant increase of limits on operations.The creation of an account there is either not required or takes only 1 or 2 minutes. They will also become a real finding for those who are looking for the way to withdraw money from a Bitcoin wallet to Yandex Money (Yoomoney).

An example of such a service is Matbea, an online exchanger with the function of a multi-currency crypto wallet. To exchange “Bitcoin for Yoomoney” or “Yoomoney for Bitcoin”, you need to do the following:

• register on Matbea (visit the official website, which is easily found through a search engine);
• log in;
• go to the “Dashboard” subsection;
• select the desired cryptocurrency;
• click "Replenish" or "Withdraw"”;
• select the direction of replenishment from the list (Yandex Money (Yoomoney) is also available here);
• make a payment using the required details for payment and wait for your account to be replenished.

One of the features of Matbea is that the service is automatically linked to the account of dozens of crypto wallets that do not require configuration. It greatly simplifies the entry into the market and blockchain currency trading.

Exchanges: the principle of operation, pros and cons

The principles of operation, the pros and cons of exchanges make them less popular places with local users, but, at the same time, convenient services for those who have started looking for the place to buy BTC for RUB via Yandex Money (Yoomoney).

The key difference from the exchangers (let’s take the Matbea service as an example) is that the overwhelming number of top exchanges that can be trusted do not support the direct purchase of "digital gold" for rubles.

In order to carry out the exchange, you will need:

• to have funds on your account in Yandex Money;
• to transfer it to your ruble currency card (Visa/Mastercard) or transfer it to the same multi-currency card;
• to register on the Exchange and go through severals stages of checks/verification process and account settings;
• to buy cryptocurrency directly on the Exchange or via an open-market transaction.

A transaction through an exchange has a lot of difficulties, even at the stage of choosing a platform that can be trusted. It should be taken into account that a lot of services of this type are not located in the Russian Federation and are guided by the laws of offshore zones.

Exchanges for working with Yandex Money (Yoomoney)

If you are looking for exchanges to work with Yandex Money (Webmoney), then you should pay attention to the rating of these sites on the world-famous website Coinmarketcap. This service shows the ratings of cryptocurrencies and online-exchanges that can be used for looking for the sites where there are no difficulties with the usage of bank cards (Yandex also issues a fully functional bank card that can be used for Bitcoin purchase)):

1. Go to the official website: Coinmarketcap com
2. Enter the “Exchanges” section at the top part of the website..
3. Feel free to choose one or more exchanges from the TOP-5

Any of the most popular exchanges provides the possibility for the purchase of digital money through a preliminary balance replenishment with the help of Yandex Money card (Yoomoney)..

Buying from the owner: advantages and risks

Buying from the owner means advantages and risks rolled into one. The thing is that a deal through an agreement and, possibly, with a meeting does not provide any guarantees and creates a lot of risks. At the same time, the Bitcoin exchange rate for Yandex Money (Yoomoney) will be the lowest and the most pleasant (as there is no intermediary you should pay a percentage):

• you just arrange a meeting with a seller of cryptocurrency;
• during the meeting you make a transfer of a certain amount of rubles using a payment system, and, at the same time, the seller sends cryptocurrency from his blockchain wallet.

We do not recommend using this method, especially if you are a beginner. Fraud can be hidden both in the transaction process and in what may happen during the meeting itself.The savings are not worth the risks.

Buy Bitcoin through Yandex Money (Yoomoney): a method to choose

If there is an urgent need in buying Bitcoin via Yandex Money (Yoomoney) and it is important to understand which method to choose, then you need to focus on the type of transaction that suits you perfectly and also on the goals, deadlines and acceptable risks.

The fastest ones

For those who are looking for the fastest way to convert RUB into BTC via Yandex Money (Yoomoney), the following options are suitable:

• Matbea (registration procedure takes 1-2 minutes and it takes a few minutes to conduct the exchange process);
• top exchanges (it takes from 15-20 minutes to an hour and a half to create an account, replenish the balance and conclude the transaction) - it is quite fast, but a bit slower than the previous option.

The most reliable ones

The most reliable services for usage are:

• online wallets, versions of which are available in Google Play and the App Store if they support “RUB - BTC” exchange pair (Matbea and a lot of other popular exchanges have a mobile version of the storage, but only the first service definitely makes it possible to use Russian currency for payment);
• exchangers that can boast good review statistics on the well-known website BestChange.

The easiest ones in usage

For those who want to make a deal as quickly as possible, without unnecessary difficulties and in the easiest way, complex Western and Asian cryptocurrency exchanges are definitely not suitable. Such investors should take a closer look at the ratings of national exchangers.

A lot of them do not even require registration. Because of this factor, the characteristics of reliability and security are lost. Therefore, you need to choose platforms where there is a certain balance between the simplicity of creating an account and the security of transactions made, as well as the safety of money stored in the account.