We may receive advertising compensation when you click certain products. Before jumping into this page, an important disclosure.
You'll need a Bitcoin wallet before you buy since some exchanges require one.
Don't have a wallet? Read our guide on the best Bitcoin & cryptocurrency wallets.
This ad promotes virtual cryptocurrency investing within the EU (by eToro Europe Ltd. and eToro UK Ltd.) & USA (by eToro USA LLC); which is highly volatile, unregulated in most EU countries, no EU protections & not supervised by the EU regulatory framework. Investments are subject to market risk, including the loss of principal.
Paybis Buy Now Paybis is a popular & cryptocurrency exchange. They serve 180 countries and 48 US states and are registered with FinCEN, making them a more trusted, regulated exchange. Paybis offers incredibly high limits and super fast payouts, not to mention 5 minute ID verification and nearly perfect review scores on Trustpilot.
Best Change Buy Now Best Change makes it possible to buy bitcoins with WebMoney, PayPal, Skrill, BTC-e codes, cash, Perfect Money, and more.
Btcu.biz Btcu.biz may be the best way to buy bitcoins in Ukraine (besides LocalBitcoins). You can buy bitcoin (or BTCe codes redeemable for bitcoin) by depositing cash at any IBox or Tyme ATM in Ukraine.
Kuna Buy Now Kuna is a Bitcoin exchange in Ukraine. You can go to their offices and purchase bitcoins with cash or buy online using a credit card.
Bitcoin ATMs Buy Now You can use our Bitcoin ATM map to buy bitcoins with cash. Bitcoin ATMs can be a quick and easy way to buy bitcoins and they're also private. That convenience and privacy, however, comes with a price; most ATMs have fees of 5-10%.
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In September of 2020, Blockchain analytics and tracking firm Chainalysis issued its yearly Global Crypto Adoption Index.
In that index, it came to light that of all the countries on the planet competing for the limited supply of Bitcoins, Ukraine ranked #1 as the most crypto hungry.
That means that on multiple metrics, Ukraine ranked most consistently the highest per capita.
You can view the other top countries as well as the various metrics below:
What this demonstrates is an intense desire for these assets within the borders of Ukraine, not just as a store of value but also as a medium of exchange, as evidenced by the number of on-chain deposits and on-chain value received.
So, if Bitcoin is something you'd like to jump in on along with the rest of Ukraine, we've compiled all the best places to buy Bitcoin on the cards above.
One of the easiest ways to buy Bitcoin in Ukraine is through cryptocurrency exchanges, outlined above. There are several exchanges offering Bitcoin in Ukraine, and you can easily select one based on your requirements and preferences using our guide. Different exchanges have different transaction fees, withdrawal limits, payment modes, and verification processes that need to be kept in mind before users select one.
Additionally, Bitcoin buyers need to keep in mind the fact that certain exchanges might require them to get a wallet of their own before they are able to buy the digital currency. Also, it is recommended to have a wallet of your own for security reasons, preferably a hardware wallet. If you don’t have a wallet, refer to our guide on the Best Bitcoin and Cryptocurrency Wallets to choose one.
COMPARISON
Another way to buy Bitcoins in Ukraine is through automated teller machines (ATMs). These ATMs allow users to instantly purchase and sell cryptocurrency using cash, however most of them require at least a phone number, so they aren't totally private.
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Ukraine has access to many large Bitcoin and cryptocurrency exchanges.
Have a look at our favorites below:
This ad promotes virtual cryptocurrency investing within the EU (by eToro Europe Ltd. and eToro UK Ltd.) & USA (by eToro USA LLC); which is highly volatile, unregulated in most EU countries, no EU protections & not supervised by the EU regulatory framework. Investments are subject to market risk, including the loss of principal.
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There are three main types of Bitcoin wallet and all of them are supported in Ukraine:
The Ledger Nano X is the newest crypto hardware wallet, and is very easy to use. It connects to iOS, Android & desktop computers.
ZenGo is an easy-to-use iOS and Android Bitcoin & crypto wallet. Start within 20 seconds.
Electrum is a Bitcoin-only wallet that has been around since 2011. It's easy to use, but has advanced features.
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In August 2019, an unknown man going by the pseudonym Alexij took a job at a call center in Kyiv, Ukraine selling binary options products for a company called The Milton Group. From the early days on the job, this man noticed some very peculiar and fishy behavior about the company and very early on contacted and worked with authorities as an under-cover mole.
He smuggled out documents and recordings of the company's activities and gave them to law enforcement to make a case. In March of 2020, the scam was exposed and the organizers of this scam, a group of Israeli nationals, were arrested and charged.
You can see a series of interviews with the victims below:
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Coinbase does NOT support customers in Ukraine as of September of 2020.
You can find several Bitcoin ATMs in many of the biggest Ukrainian cities, such as Kyiv, Onipro, and Lviv, as well as others.
The current price of Bitcoin in Ukraine is UAH 306,653, however this amount changes every minute, so always check the value on your local exchange.
Any exchange with a UAH trading pair will allow you to sell your Bitcoin for fiat currency. BTCU.biz has UAH trading pairs for many popular coins.
As mentioned previously, you can also use automated teller machines (ATMs) to buy Bitcoin.
LocalBitcoins is another option. Here, you can buy and sell Bitcoin for a wide range of payment methods, from gift cards to bank transfers. LocalBitcoins is a peer-to-peer (P2P) exchange, where you buy and sell with another individual. This does introduce a degree of risk, though by ensuring that you conduct all business on the platform, make use of its escrow services, and only trade with users who have a good reputation, you'll minimize any potential problems.
You could also use a service like eGifter to sell your Bitcoin for gift cards.
Jordan Tuwiner is the founder of BuyBitcoinWorldwide.com. His work has been featured in The Guardian, International Business Times, Forbes, VentureBeat, CoinDesk and many other top Bitcoin media outlets. His articles are read by millions of people each year looking for the best way to buy Bitcoin and crypto in their country.
He has also written extensively about the history, technology, and business of the crypto world. Jordan is also the creator of some of the internet's most famous Bitcoin pages, including The Quotable Satoshi and Bitcoin Obituaries.
To learn more about Jordan, see his full bio.
