Russians Flock to Hardware Crypto Wallets Amid Rising Demand

Retailers in Russia are reporting significant sales growth for hardware cryptocurrency wallets. M.Video saw a 107% increase in volume and 92% in value of cold wallet sales in the second quarter compared to the first, according to their press service.

On Wildberries, total sales figures for the first half of the year rose by 84% and 60% year-on-year. However, the average purchase price decreased by 13% to 7900 rubles.

The most commonly purchased devices on RVB include those with NFC modules and backup cards.