How to buy cryptocurrency for hryvnia online at a favorable rate

One of the problems Ukrainian citizens faced after the outbreak of hostilities was replenishing their brokerage accounts for stock trading.

While it was previously possible to exchange hryvnia for dollars or euros via online banking and then top up your account with a broker, this operation is no longer available.

There was also a problem with the automatic conversion when paying with hryvnia cards; in most cases, it simply doesn't work.

But it turns out the solution to this problem is quite simple: all you need to do is exchange the Ukrainian hryvnia for cryptocurrency.

Afterwards, you can easily top up your account with your chosen brokerage company and continue earning money on stock exchange transactions.

Today, there are a large number of brokers that accept cryptocurrency deposits - https://time-forex.com/vsebrokery/broker-schet-kripto

Exchange non-cash hryvnia for cryptocurrency

To avoid losing out on exchange rate fluctuations, it's best to use stablecoins , as their exchange rate is extremely stable.

Today, there is only one option for buying cryptocurrency online using Ukrainian hryvnia.

Online exchange is one of the easiest and most accessible options today. Simply choose the exchanger with the best rate on bestchange.ru.

You can buy cryptocurrency for hryvnia using Privat24 or any other Ukrainian bank card. You must already have a crypto wallet in the cryptocurrency you're interested in exchanging or a Binance

I prefer the Binance account option because you can get a euro bank card linked to your chosen cryptocurrency.

It follows that the exchange rate is quite favorable and is practically no different from the current cash rate.

After the transfer, the funds will arrive in your crypto wallet within a few minutes. Please note that many online exchanges have minimum and maximum requirements for the transaction amount.

Until recently, it was possible to purchase cryptocurrency using Ukrainian hryvnia in Trustee Wallet, but this option is no longer available. When paying, you receive a message stating that cryptocurrency transactions are blocked:

So for now, the only option left is online exchange through exchange offices, fortunately, there is a fairly wide choice of such services.

Once your wallet receives cryptocurrency, you can safely use it to fund your brokerage account or deposit it into a currency deposit on the Binance exchange.