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In September 2021, Ukraine became the 5th country to adopt a law that legalizes and regulates cryptocurrency. A sign that the government is taking crypto out of a legal gray area.

In a nearly unanimous vote, the Ukrainian Parliament passed the bill that was set into motion in 2020 and now heads to the desk of President Volodymyr Zelenskyy for signature. The law also lays a framework for how the country may open up the cryptocurrency market to businesses and investors in 2022.

Unlike El Salvador's move to make Bitcoin legal tender, the Ukraine crypto law does not facilitate the rollout of bitcoin as a form of payment and does not put it on an equal footing with the Hryvnia, the country’s national currency.

So, if Bitcoin is something you'd like to jump into now that it is recognized legally, 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, allowing you to 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 that certain exchanges might require you to get a wallet of your own before being able to buy the digital currency. Even if there is no requirement, 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.

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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There are three main types of Bitcoin wallet and all of them are supported in Ukraine:

• Software (desktop or mobile - iOS and Android wallets
• Hardware wallet
• Cold-storage (paper or steel wallets, the latter of which are used to backup your main wallet.

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Ethereum (ETH) has established itself as the second most popular digital currency, after Bitcoin. Its smart contract features allow unique apps to be built on top of its platform. Below you will find exchanges in Ukraine that allow you to buy ethereum. Once you buy, you should withdrawal your ETH directly to your own crypto wallet.

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Thanks to Tesla founder Elon Musk, Dogecoin (DOGE)—a coin that started as a meme about the shiba inu dog—has recently become a popular digital currency. Below you can find crypto exchanges in Canada that allow you purchase Dogecoin.

About Dogecoin: Dogecoin has become one of the most famous altcoin blockchains. Dogecoin was founded by Jackson Palmer and Billy Markus on December 6, 2013. Thanks to its popularity on Robinhood, it hit an all time high of $0.42 on April 20. Doge started the year at under $0.01 USD. It is an open source blockchain, meaning its code is publicly available for anyone to see.

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Litecoin (LTC) is one of largest cryptocurrencies by market cap. Below you can find a list of brokerages in Ukraine that allow you to buy litecoin and other crypto assets for good exchange rates.

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Wolf of Kyiv Scam

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.

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Does Coinbase work in Ukraine?

Coinbase does NOT support customers in Ukraine as of September of 2020.

Where Can I Find a Bitcoin ATM in Ukraine?

You can find several Bitcoin ATMs in many of the biggest Ukrainian cities, such as Kyiv, Onipro, and Lviv, as well as others.

You can use our Bitcoin ATM finder tool to find the one nearest you.

What is the price of Bitcoin in Ukraine?

Bitcoin prices are changing every second.

The best way to find the most up-to-date price of Bitcoin is to check out our Bitcoin price page.

How do I cash out of Bitcoin in Ukraine?

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.