The operation of exchanging Bitcoin for SBP Rubles is performed by the operator in manual mode and usually takes from 30 to 120 minutes during working hours (see operator status).
IMPORTANT! The exchange rate of Bitcoin to SBP rubles is fixed for 20 minutes before the transaction appears on the network. The processing of your application begins immediately after three confirmations of the transaction on the Bitcoin network. With heavy workload, the completion time can be increased to 5 hours (At the same time, if the transaction has already been confirmed by the network, then the course will remain unchanged for you!). If you are not ready to wait, please do not create an application!!!
Transfers of the amount exchanged in rubles to your card via the SBP will be made only from bank cards of Russian banks, third-party payment systems such as QIWI, YUKASSA, Webmoney, etc. are not used. There is a high probability that the payment will be made in several payments.
Separately, we inform you that according to – clause 5.3.1 of our Rules : after a long wait without confirmation of the transaction, the exchanger has the right to recalculate the rate of your application as a result of an increase or decrease in the BTC exchange rate by more than 2%, setting the rate from the market value at the time of receiving the first confirmation of the transaction on the network BTC. If you do not agree with the total amount, the exchanger returns the amount of BTC received from you minus the transfer fee
Be careful when entering the amount of BTC (When creating an application and paying for it, the amount must match!) Applications in which 10-100 times less Bitcoin is sent (for example, 0.5 BTC is indicated in the application , and 0.05 BTC is sent) will be paid minus 10% (the conversion fee will be deducted) from the amount received in fact. Pay very close attention to the minimum exchange amount and observe it!!!
In order to counteract the legalization of proceeds from crime and the financing of terrorism, exchange offices conduct AML checks of transactions received from customers.
If the transaction is identified as high-risk, the exchange office may suspend the exchange operation until verification is carried out, as well as discount the exchange rate on the request according to the risk.
You can familiarize yourself with the KYC/AML policy of the exchanger by going to the appropriate section at the top of this web page.
By starting the Bitcoin exchange for SBP RUB, you automatically agree to all its terms and our Rules.