

The legalization of the cryptocurrency market in Ukraine helped to bring the business out of the shadows. Now digital assets are protected by the state itself. It means that exchange offices and cryptocurrency exchanges can now work legally. And the violations are regulated by the National Bank of Ukraine and the National Securities and Stock Market Commission.
The legalization also helped increase interest among those who were previously afraid to buy crypto because of its illegality. Currently, many are looking for where to buy cryptocurrency in Ukraine. While there are risks, this can be done quickly and safely. Read about secured methods further.
There are several ways to do that:
It is difficult for a beginner to figure out what advantages each method provides. Find out below what needs to be done for a successful purchase.
There will be no difficulties if you live in a big city. For example, in Kharkiv and Kyiv, crypto ATMs are located in shopping centers. There are also regular currency exchange offices.
If you live in a small regional center, the only way to purchase digital currencies is online. In this case, you can use P2P platforms, crypto exchanges, and B&M exchangers. Regardless of the chosen method, the transaction takes up to 10 minutes.
For Ukrainians, it is relevant to be able to purchase virtual assets for hryvnia. Exchange offices and crypto exchanges working with the Ukrainian audience provide an opportunity to pay for the purchase with the national currency. Depending on the chosen method, cash and non-cash payments are possible.
Before using such a service in Ukraine, you need to study reviews from real customers. This way, you will understand what problems they faced and find out how these situations were solved.
The security of digital currency transactions is guaranteed by the platform itself. In the case of a crypto exchange, all transfer operations are supervised by the exchange itself. In the case of ATMs and P2P platforms, safety and deliverability are ensured by cryptographic algorithms.
When using an exchange office, you can find or ask for a license. For an online service, you can find and study reviews, preferably on an independent site.
Many services have their own support teams that will answer all questions regarding crypto and their services. The representative will tell you how to buy a cryptocurrency for hryvnia, what documents are needed, or what else needs to be done. The communication channel can be available by a phone call, chat, or email address.
Exchange platforms verify their clients in order to protect against fraud. Otherwise, the service will lose customers, and its license will eventually be revoked. In most cases, you can buy cryptocurrency in Ukraine only with confirmation of your own identity. The procedure is called Know Your Customer. For example, exchange offices ask for documents in order to know who exactly is the buyer.
On the crypto exchange, KYC is mandatory for withdrawing certain sums. One must take a picture with the documents and upload it to the website as a picture or as a pdf-version. Verification may take up to several days. After successfully completing this stage, you will be able to withdraw the received funds to your personal bank account.
The use of exchanges and P2P platforms is convenient not only because you can buy cryptocurrency there but also because the assets can be quickly sold. This is how traders make money.