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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.

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:

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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.