Best Crypto Exchanges Ukraine

Best Cryptocurrency Exchanges Ukraine

‍Our expert team reviewed the top exchanges accessible to Ukrainian users, focusing on platforms that align with the National Bank of Ukraine regulations. This evaluation considered UAH deposit options, trading fees, supported cryptocurrencies, and user experience. Below is a detailed comparison table of the five best platforms in Ukraine.

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1. Bybit

Bybit is the second largest cryptocurrency exchange in the world, serving over 55 million users across Ukraine and 160 other countries. As a global platform, it can be used in Ukrainian, Russian, and 20 different languages. There are 1,500 digital currencies supported for spot trading and 440+ derivative contracts with leverage options up to 200x. 

It provides advanced features like trading bots, copy trading, TradeGPT and a demo account. Among its services, it provides proof-of-reserves, giving users transparency into the platform’s asset holdings. Bybit also offers an extensive suite of services, including an NFT marketplace, crypto-backed loans, liquidity mining, staking, an exclusive crypto card, and an OTC desk.

• Fees: Maker fee of 0.02% and taker fee of 0.055% for futures and 0.1% for spot trading.
• Supported Assets: Over 1,500 digital assets.
• Regulation & Licensing: Regulated by CySEC and available in Ukraine except for Russian-controlled regions (Crimea, Donetsk, and Luhansk).‍
• UAH Deposit Methods: Bank transfers, Apple Pay, Google Pay, Swapple and credit or debit cards.

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2. OKX

OKX offers a comprehensive suite of services that extend beyond traditional trading. It supports over 350 cryptocurrencies for spot and futures trading. The platform distinguishes itself by providing access to decentralized finance (DeFi) products, including a Web3 wallet, OKX Wallet, seamless integration with dApps, and opportunities for on-chain staking and yield farming.

In addition to trading, OKX offers staking, lending, and borrowing services, as well as an NFT marketplace. The exchange is also known for its advanced security standards, protecting user assets with advanced technologies. Users can also reduce the trading fees by holding or staking the platform’s native token, OKB Coin.

• Fees: Maker and taker fees start at 0.08% and 0.1%, respectively, with VIP discounts available.
• Supported Assets: Over 350 cryptocurrencies.
• Regulation & Licensing: Compliant with global standards and accessible in Ukraine.
• UAH Deposit Methods: Credit or debit cards and Google Pay.

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3. Kraken

Kraken is known for its security measures and comprehensive services tailored for institutional investors. The platform supports over 290 digital assets, offering spot trading, margin trading with up to 5x leverage, and futures contracts for advanced trading strategies. The user-friendly interface is complemented by its Pro version, which provides advanced charting tools and order types.

For institutional clients, Kraken offers specialized services, including an OTC desk, advanced API integrations, staking options for earning rewards on held assets, and a secure custody solution to safeguard digital holdings. The platform emphasizes transparency through its Proof of Reserves audits, allowing users to verify that their assets are fully backed. 

• Fees: Maker and taker fees start at 0.16% and 0.26%.
• Supported Assets: 290+ cryptocurrencies.
• Regulation & Licensing: Regulated in multiple jurisdictions; accessible to Ukrainian users, with the exception of Crimea, Donetsk, and Luhansk regions. 
• UAH Deposit Methods: Bank transfer, SEPA, and cards.

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4. Binance

Binance is the world’s largest crypto exchange, with over 230 million customers across Ukraine. It provides a multilingual platform for use in Ukrainian and 40 other languages. The platform also offers educational resources through Binance Academy. There are over 350 cryptocurrencies for spot trading and over 300 futures contracts with leverage up to 100x available.

Due to its global accessibility, it facilitates UAH deposits and provides 24/7 live local customer support, making it a great option for Ukrainian investors. Beyond spot trading, Binance provides various services, including copy trading, a demo account, staking, and a peer-to-peer (P2P) marketplace, allowing users to earn rewards and trade directly with others. 

• Fees: 0.1% fee for spot trading and 0.06% for derivatives.
• Supported Assets: Over 350 cryptocurrencies.
• Regulation & Licensing: Regulated in Europe and available in Ukraine.‍
• UAH Deposit Methods: Bank transfers, credit cards and debit cards.

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5. Kuna

Kuna, established in 2014 by Ukrainian entrepreneur Mykhailo Chobanian, is Ukraine's first crypto exchange. The platform supports a selection of 19 cryptocurrencies, including Bitcoin, Ethereum, and Tether (USDT), with trading pairs available in Ukrainian hryvnia and Euros. The user-friendly interface and mobile application facilitate seamless trading experiences.

Beyond standard trading, Kuna offers unique services such as Kuna Code, enabling instant and fee-free transfers between users, and Kuna Pay, a payment processing platform designed for businesses to accept cryptocurrency payments. The exchange maintains a 100% reserve policy, ensuring all user funds are fully backed and available for withdrawal at any time.

• Fees: 0.25% per trade.
• Supported Assets: 19 cryptocurrencies.
• Regulation & Licensing: Operates under Ukrainian jurisdiction, adhering to local financial regulations.
• UAH Deposit Methods: Bank transfers, credit cards, and Apple Pay.

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Is Crypto Regulated in Ukraine?

Ukraine has progressively embraced crypto, and the National Securities and Stock Market Commission (NSSMC) and the National Bank of Ukraine (NBU) are the primary authorities. In March 2022, President Volodymyr Zelensky signed the On Virtual Assets law, legalizing and defining the status of cryptocurrencies in the country.

This legislation mandates that crypto businesses, including exchanges and custodial wallet providers, adhere to stringent Anti-Money Laundering (AML) and Know Your Customer (KYC) protocols. 

‍Kateryna Rozhkova, First Deputy Governor of NBU, reported via the official National Bank of Ukraine Facebook account that the country will move to align with the EU's Markets in Crypto-Assets (MiCA) framework.

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How is Crypto Taxed in Ukraine?

In Ukraine, crypto taxation is regulated by the State Tax Service of Ukraine, with tax policies designed to align with local income and business tax structures. For individuals, profits made from the sale of digital assets are typically treated as part of general income, subject to a Personal Income Tax (PIT) of 18%, along with a 1.5% military tax.

For businesses, income generated from crypto transactions is generally subject to Corporate Income Tax (CIT) at 18%, aligning with the standard rate applied to all corporate earnings in Ukraine. Ukrainian tax residents are taxed on their global income, while non-residents only pay taxes on income earned within Ukraine. 

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How to Buy Bitcoin in Ukraine

Purchasing Bitcoin is easy for Ukrainian residents, especially with exchanges that support Ukrainian hryvnia (UAH) deposits and operate under the regulations of the National Bank of Ukraine. Below is a quick breakdown of the investment process:

1. Create an Account: Select a reputable exchange that complies with Ukrainian regulations. Sign up by providing basic details like your name and email, then complete the identity verification process by submitting a government-issued ID.
2. Deposit Hryvnia (UAH): Go to the deposit section on the platform, choose the amount of hryvnia to invest, and pick your payment method—options often include bank transfer or credit card.
3. Find Bitcoin: Navigate to the trading section, search for “BTC” to locate Bitcoin, and select the UAH/BTC trading pair. Specify the amount of Bitcoin you want to purchase.
4. Execute the Trade: Review the transaction details, check the Bitcoin amount, and finalize the purchase.

Following these steps allows Ukrainian investors to acquire Bitcoin while staying within the country’s regulatory framework.

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Bottom Line

Selecting the best crypto exchange in Ukraine hinges on your trading goals and investment strategy. We recommend using platforms that operate transparently and comply with Ukraine’s regulatory standards under the oversight of the National Bank of Ukraine. Top choices include Bybit, Kraken, OKX, Binance, and Kuna.

These exchanges offer a robust mix of tools and services, from high-leverage derivatives and intuitive interfaces to advanced trading features, making them ideal for a range of investors.