Holder.io Editorial
Jul 10, 2026 7 min

Crypto Exchanges in Belarus: A Trader's Overview

Belarus, located in the heart of Eastern Europe, is showing growing interest in digital assets. The country's crypto market is still taking shape, and the regulatory environment remains far from settled. Under these conditions, choosing a reliable and well-suited crypto exchange becomes critically important for Belarusian traders and investors.
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Cryptocurrency Regulation in Belarus

Belarus's regulatory framework for cryptocurrencies is still evolving. Decree No. 8 "On the Development of the Digital Economy" created favorable conditions for the growth of blockchain technologies and cryptocurrencies, yet a comprehensive regulatory regime has not been established. Licensing of crypto exchanges as such does not yet exist, but companies operating in the digital-asset space must comply with anti-money laundering (AML) and know-your-customer (KYC) requirements. The National Bank of the Republic of Belarus plays an important role in shaping policy in this area.

How to Choose a Crypto Exchange in Belarus

Choosing a crypto exchange is a serious decision for any trader. Here are the key factors to consider:
  • Fees. Compare trading fees as well as deposit and withdrawal fees.
  • Available cryptocurrencies. Make sure the exchange offers the coins and tokens you're interested in.
  • Supported payment methods. Check whether convenient deposit and withdrawal options are available to you (bank transfers in Belarusian rubles (BYN), cards, and so on).
  • Ease of use. Evaluate the exchange's interface and whether a mobile app is available.
  • Customer support. Pay attention to response times and the languages support is offered in.
  • Reputation and security. Read user reviews and review the security measures the exchange has in place.

Security When Using Crypto Exchanges

Security is the number one priority when dealing with cryptocurrencies. Make sure the exchange you choose uses the following security measures:
  • Two-factor authentication (2FA). A must for protecting your account.
  • Cold storage. The bulk of assets should be held in offline wallets.
  • Asset insurance. Coverage in the event the exchange is hacked.
  • Regular security audits. Independent experts reviewing the exchange's security.
Below is an overview of popular crypto exchanges available to users in Belarus. Keep in mind that you should independently verify the current information on availability and terms of use.

Binance

Binance is one of the largest and most popular crypto exchanges in the world. It offers a wide selection of cryptocurrencies, advanced trading tools, and high liquidity. The exchange operates across various jurisdictions and adheres to international AML/KYC standards.
  • Spot trading fee: from 0.1% (decreases with higher trading volume and BNB usage).

Huobi Global

Huobi Global is another major crypto exchange with a wide range of trading pairs and diverse products, including spot trading, futures, and DeFi. The exchange is registered in offshore jurisdictions and follows global AML/KYC standards.
  • Spot trading fee: from 0.2% (decreases with higher trading volume and HT usage).

OKX

OKX is a major crypto exchange offering a broad range of services, including spot and margin trading, futures, options, and DeFi products. The exchange is registered in offshore zones and operates in line with international compliance standards.
  • Spot trading fee: from 0.08% (decreases with higher trading volume and OKB usage).

KuCoin

KuCoin is a crypto exchange known for its wide selection of altcoins and user-friendly interface. The exchange operates under offshore jurisdiction law and applies strict AML/KYC requirements.
  • Spot trading fee: from 0.1% (decreases with higher trading volume and KCS usage).

Kraken

Kraken is a US-based crypto exchange regulated by FinCEN and subject to US and EU requirements. It is known for its reliability, security, and wide selection of cryptocurrencies.
  • Spot trading fee: from 0.16% (maker) and 0.26% (taker) (decreases with higher trading volume).

Bitfinex

Bitfinex is a crypto exchange geared toward experienced traders. It offers a broad range of trading tools, including margin trading and derivatives. The exchange is incorporated in the British Virgin Islands and complies with international AML/KYC standards.
  • Spot trading fee: from 0.1% (maker) and 0.2% (taker) (decreases with higher trading volume).

Crypto.com Exchange

Crypto.com Exchange is a crypto exchange offering a broad range of services, including spot trading, derivatives, credit cards, and DeFi products. The exchange is licensed in the EU and other regions and adheres to strict KYC/AML standards.
  • Spot trading fee: from 0.04% (decreases with higher trading volume and CRO usage).

Bitstamp

Bitstamp is a European crypto exchange licensed in Luxembourg and regulated under MiFID II rules and AML/KYC requirements. It is known for its reliability and transparency.
  • Spot trading fee: from 0.5% (decreases with higher trading volume).

Gate.io

Gate.io is a crypto exchange offering a wide selection of cryptocurrencies and a variety of trading tools. The exchange operates in offshore jurisdictions and follows international security and compliance standards, including AML/KYC procedures.
  • Spot trading fee: from 0.2% (decreases with higher trading volume and GT usage).

Bybit

Bybit is a crypto exchange focused on derivatives trading. It offers perpetual contracts on various cryptocurrencies with high leverage. The exchange operates under international standards, is registered in offshore zones, and applies strict AML/KYC procedures.
  • Spot trading fee: from 0.1% (decreases with higher trading volume).
When choosing a crypto exchange, it's important to consider the size of the fees. The table below shows spot trading fees on several popular exchanges:
Exchange Maker Fee Taker Fee Fee Reduction
Binance 0.1% 0.1% Higher volume, BNB usage
Huobi Global 0.2% 0.2% Higher volume, HT usage
OKX 0.08% 0.1% Higher volume, OKB usage
KuCoin 0.1% 0.1% Higher volume, KCS usage
Kraken 0.16% 0.26% Higher volume
Bitfinex 0.1% 0.2% Higher volume
Crypto.com Exchange 0.04% 0.04% Higher volume, CRO usage
Bitstamp 0.5% 0.5% Higher volume
Gate.io 0.2% 0.2% Higher volume, GT usage
Bybit 0.1% 0.1% Higher volume

Crypto Exchanges in Minsk: What You Need to Know

While most major international crypto exchanges have no physical offices in Minsk, residents of the capital and other Belarusian cities can use their services online. Keep in mind that you must pay taxes on profits earned from crypto trading in accordance with local law. It's also worth considering potential restrictions on depositing and withdrawing funds in Belarusian rubles (BYN) and using alternative methods such as crypto wallets and P2P platforms.

How the Data for Rating Crypto Exchanges Was Collected

The information presented in this article was gathered from the following sources:
  • Official crypto exchange websites (for example, Binance, OKX, KuCoin)
  • Crypto exchange data aggregators (for example, CoinMarketCap, CoinGecko)
  • User reviews on forums and specialized websites
  • News portals and analytical articles on the cryptocurrency market