Moscow Exchange Sets Operations Plan for BTC, ETH and USDT Trading
The Moscow Exchange has outlined how planned trading in Bitcoin, Ethereum and USDT will be cleared and settled, with pilot transactions expected to precede the rollout.
The Moscow Exchange has outlined how planned trading in Bitcoin, Ethereum and USDT will be cleared and settled, with pilot transactions expected to precede the rollout. Bitcoin (BTC) is trading at $80,295.00, down 0.3% since this brief published. This is an original TLT brief synthesising 2 outlets (Unchained, CoinCodex), plus live market data, as of Wed, 04 Nov 2026 19:00:08 UTC.
The operational details move the planned Moscow Exchange offering closer to implementation for Russian retail users. The proposed products would connect three major crypto assets with a regulated exchange infrastructure, although a reported annual purchase limit would constrain participation.
- Moscow Exchange plans trading access to Bitcoin, Ethereum and USDT.
- Pilot transactions are expected before the full launch.
- CoinCodex reports a 300,000-ruble annual retail purchase limit.
- Bitcoin rose 3.79% over 24 hours while sentiment remained fearful.
Unchained and CoinCodex agree that the Moscow Exchange is preparing to introduce trading in Bitcoin, Ethereum and USDT. Unchained reports that a November 2 release expanded on a launch date initially discussed in October, adding information about clearing, settlement and swaps, with pilot transactions planned to come first. CoinCodex provides an additional participation detail, reporting that retail investors would face a 300,000-ruble annual purchase limit. The outlets emphasize different aspects rather than contradicting one another: Unchained focuses on operational structure, while CoinCodex highlights the proposed customer limit.
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- Moscow Exchange Sets Operations Plan for BTC, ETH and USDT Trading — this brief
The Moscow Exchange has detailed the clearing, settlement and swap arrangements for a planned launch of 
Bitcoin, 
Ethereum and USDT trading in Russia. The operational information appeared in a November 2 release, according to Unchained, which said the exchange group had expanded on a launch date first discussed in October. Transactions are expected to begin with a pilot before the wider offering proceeds.
Unchained’s summary indicates that the announcement goes beyond naming the three assets and begins to explain how trades will be handled after execution. CoinCodex also reported the planned asset lineup and added a material restriction for the intended retail audience: a 300,000-ruble annual limit on purchases. That figure was not repeated in the Unchained summary and is attributable specifically to CoinCodex.
Both outlets therefore corroborate the central development that the Moscow Exchange is preparing to make Bitcoin, Ethereum and USDT available for trading. Their accounts differ in emphasis rather than substance. Unchained concentrates on the exchange group’s operational timetable and pilot phase, while CoinCodex focuses on what retail investors could buy and how much they could purchase annually.
The planned offering would bring BTC, ETH and USDT into a Moscow Exchange product set. Live market data show USDT trading close to parity with the dollar at $0.999331, with a $178.25 billion market capitalization. DeFiLlama’s verified circulating supply for USDT stands at $177.78 billion, providing a separate measure of the stablecoin’s scale.
At the same time, the broader crypto market was broadly higher, with total capitalization of $2.76 trillion. Bitcoin was priced at $80,552, up 3.79% over 24 hours but down 0.22% over seven days. Ethereum stood at $2,427.91, gaining 5.74% over 24 hours and 3.84% over seven days. The Fear & Greed reading remained at 34, categorized as Fear. The next implementation points are the pilot transactions and the clearing and settlement arrangements described in the exchange group’s release.
Since this brief published about 9 hours ago, Bitcoin (BTC) has moved from $80,552.00 to $80,295.00 — -0.32%.
The chart plots BTC's price: grey is the move before this brief published, the vertical dashed line marks the moment it published, the horizontal dashed line is the price then, and the coloured area is the move since — from TLT's market data (daily resolution). It shows what happened after the news, not that the news caused it; many factors move prices. Not financial advice.
At today's peer-to-peer rate, 1 BTC ≈ ₦110.93M (about $80,295.00), up 3.6% over 24 hours. The naira itself trades about 2.6% above the official rate on the P2P market, so a Nigerian buyer's effective cost differs from the headline dollar price.
Live market data
Current prices for the assets in this story — live, source-stamped, updated every 15 minutes.
Figures and sectors in this story, checked live against on-chain aggregators · November 4, 2026.
TLT reads these figures directly from on-chain aggregators (DeFiLlama, mempool.space) at build time — independent of what any outlet reported. Sector totals aggregate every protocol DeFiLlama tracks in that category. Values are live and will change.
Moscow Exchange Sets Operations Plan for BTC, ETH and USDT T — questions & answers
Which crypto assets will Moscow Exchange trade?
The planned lineup includes Bitcoin, Ethereum and USDT, according to both Unchained and CoinCodex.
When will the Moscow Exchange launch begin?
Pilot transactions are expected to come first. Unchained says the November 2 release expanded on a launch date initially discussed in October.
Is there a limit on retail purchases?
CoinCodex reports that retail investors will face an annual purchase limit of 300,000 rubles.
How much is 1 Bitcoin worth in naira today?
About ₦110.93M at the live peer-to-peer (P2P) USDT rate, which is what Nigerians typically trade at — equivalent to roughly $80,295.00. The naira price moves with both BTC's US-dollar price and the USDT/NGN rate; use our Bitcoin in naira page for any amount.
Has Bitcoin's price moved since this brief was published?
BTC is down 0.32% since this brief first published — trading at $80,295.00 now versus $80,552.00 at publication. TLT re-checks this figure against CoinGecko and Binance every 15 minutes.
Which outlets reported this story?
This is an original TLT brief that synthesises reporting from Unchained, CoinCodex, with the key figures cross-checked for agreement across them. It is not a copy of any one article — follow the source links above for the original reporting.
Original summary — not financial advice. This is an original TLT brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.