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Buying Bitcoin in Ukraine

While the economy of Ukraine tanks, the war with Russia potentially never ending, many Ukrainians are buying bitcoin and altcoins rather than hoping UAH will turn around on the global markets. The Ukraine bank bailouts haven’t helped people in Kiev believe that the economy will become prosperous in the near future, what better way to store wealth than bitcoin in a corrupt, war torn country?

Cryptocurrency and bitcoin specifically are extremely popular in both Russia and Ukraine because both countries national currencies are worth less every month since war broke out. When people are fleeing a war zone, valuables like gold were previously taken with them. Now people can store value in a bitcoin wallet and enter a new country with bitcoin to start a new life.

Best Bitcoin Exchanges in Ukraine

While capital controls aren’t strict enough to prevent anyone from buying bitcoin in Ukraine, there are many that expect it to only become more difficult to purchase, if the hryvnia has more issues. Luckily, there are many exchanges that will take hryvnia for bitcoin the Ukrainian’s have used for years. For those looking to buy small amounts of bitcoin, or avoid identification and KYC delays altogether, we do cover the anonymous exchange options below for buying and selling around the world.

Currently the best bitcoin exchanges in Ukraine are:

Ukraine Best Exchanges TypeKYCCurrencies 
PaybisExchange / Trading PlatformYesRUB, USD, EUR, GBP, Perfect Money, Yandex Money, Payeer, Adv Cash
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LocalBitcoinsPeer to Peer Bitcoin Buying and SellingYesVND, CNY, USD, EUR, BTC, LTC, ETH
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KunaExchange / Trading PlatformYesUAH, RUB, USD, EUR, GBP
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365cash Exchange / Trading PlatformYesUAH, RUB, USD, Qiki, Perfect Money, Yandex Money, AdvCash
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24bestexExchange / Trading platformYesRUB, USD, EUR, AdvCash, Payeer, Perfect Money
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LiveCoinExchange / Trading PlatformYes (Bank Transfers) and
No (Crypto)
EUR, RUB, USD, Yandex.money, Qiwi, Perfect Money, Payeer
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Spectro Exchange / Trading PlatformYesUSD, EUR, GBP, RUB, HRK, UAH, KZT, Perfect Money, Skrill, Payeer, OKPay
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EXMOExchange / Trading Platform YesUSD, RUB, EUR (Cashback on Trades)
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KrakenExchange / Trading PlatformYesEUR, CAD, VND, USD, CNY, BTC, ETH, XMR, XRP, many more
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Buy Bitcoin Anonymously in Ukraine

While the best exchanges are also considered the easiest and most secure, there are always going to be huge supporters of privacy and anonymity when buying and selling bitcoin around the world. The peer to peer options through localbitcoins, hodlhodl and decentralized options like bisq are popular in many countries.

The best exchanges to buy bitcoin anonymously in Ukraine are:

Anonymous ExchangeUkraineTypeKYCCurrencies 
PaxfulAnonymous Bitcoin PurchasesNoUAH, RUB, USD, EUR, Western Union, Visa Prepaid Cards
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HodlHodlPeer to Peer BTC Exchange / Trading PlatformNoUB, UAH, EUR, USD
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ChangellyAnonymous Bitcoin and Altcoin BuyingNoUAH, RUB, USD, BTC, ETH, LTC and Hundreds of Altcoins
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BISQAnonymous Person to Person Exchange / Trading Platform NoAUD, CAD, EUR, GBP, RUB, SEK, UAH, ZAR (More)
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CoinMamaExchangeUnder $150 NoVisa, MasterCard, AUD, CAD, EUR, GBP, RUB, SEK, UAH, ZAR
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BinanceTrading PlatformNo

(under 2BTC)
BTC, ETH, LTC, Hundreds of Alt-coins
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More Anonymous Options to Buy Bitcoin in Ukraine

Well it is a war zone there, so bitcoin ATM’s exist in Kiev, Odessa and other cities, the fees charged by bitcoin ATM’s aren’t always clear or shown before people realize they can be extremely high. For those with no better options, the bitcoin ATM’s in Ukraine are one of the “better than nothing” solutions used by many.

All of the blockchain meetups in Ukraine will have a few bitcoiners willing to buy and sell crypto. Don’t let them tell you their ICO or altcoin is the “next big thing,” the market is flooded with shitcoins that have no value. Bitcoin, however, stores value.