Cryptocurrency exchange
in Bishkek ₿⇄$

You are on the site elcrypto.kg, where you can buy or sell cryptocurrency in Bishkek for US dollars or soms.

We exchange the following currencies: Tether.

In our office.
You come to our exchange office at:

Kyrgyz Republic, Bishkek city
Frunze street, building 393a

Mon – Fri: 9:00 – 18:00
Sat – Sun: not working day

In our office. Pass KYC. We conclude a formal contract​.
You come to our exchange office at:

Kyrgyz Republic, Bishkek city
Frunze street, building 393a

Mon – Fri: 9:00 – 18:00
Sat – Sun: not working day

Depending on the chosen currency, wallet and network load, the speed varies from 1 to 40 minutes. On average, it arrives in 10 minutes.

There are a lot of determinants of cryptocurrency value. The most important of them are supply and demand, scarcity, coin’s utility, project’s reputation and community support, rules and regulations.

Supply and demand

Basic economic principles apply to cryptocurrencies. If a coin has a huge supply or it’s unlimited, but the demand for the coin is small, then the price of the coin may be low or even fall. At the same time, if the coin has a limited supply and the demand is high or keeps increasing, then the coin price may be high or even rise.

Scarcity

Scarcity element is linked to the supply and demand ratio. Cryptocurrencies that have a limited supply, such as Bitcoin, are deflationary in nature. This means that over time they will become less and less frequent, which means that their price has the potential to rise with the corresponding demand.

Coin’s utility

Most cryptocurrencies are used for crypto network maintenance, operation, or performing certain tasks, such as governance and voting. The value of the coin, and hence the price, can also be formed depending on how important the cryptocurrency is for the network operation and its use by the network participants.

Project’s reputation and community support

Public sentiment has a big influence on crypto prices and rankings. If cryptocurrency is community-driven, has an active use, and adoption in various fields, it can get both price support and demand for the coin. However, if a cryptocurrency network is experiencing a split in the community or its reputation has been damaged by certain events, then this can cause the price of the cryptocurrency to go down.

Rules and regulations

Attitude towards cryptocurrencies differs depending on the country, and in some cases they are not positive. If the regulator’s position regarding all the cryptocurrency market or particular coin changes, it may affect the price and adoption level.

A lot of users try to find out why are cryptocurrency prices falling or rising at a particular moment but the main reason is that most determinants are not static and are constantly changing. The supply and demand ratio always varies. Some market participants — buyers and sellers — may temporarily dominate the market or take over the initiative. Regulators’ or public’s attitudes towards the market or a particular cryptocurrency may change. Depending on the narrative that prevails in the market, the crypto prices can go up and down.

In addition to the direct impact on the price, there may also be indirect ones. For example, price changes in one cryptocurrency can affect the value of another coin.

The cryptocurrency prices can be set in different fiat currencies and other cryptocurrencies. But even comparing the price, for example in USD, it may differ in different countries or cryptocurrency exchanges. The reason is that there is no standard pricing for cryptocurrencies. Cryptocurrencies are decentralized and they are not pegged to other assets, excluding stablecoins.