Ukraine is the case where the framework exists on paper and has no legal force. Spot is neither banned nor regulated - it sits outside the legal perimeter.
Leveraged derivatives are a separate question with a separate answer. Derivative contracts are capital-market instruments that require an NSSMC licence, and the statutory list of things a derivative may be written on does not include virtual assets, so crypto perpetuals and CFDs cannot be licensed in Ukraine at all; there is no domestic venue for them, and no criminal provision aimed at the retail trader either.
The contract itself does not change by geography: a BONK perpetual settles in USDC everywhere.
5 venues open Bonk perps to traders in Ukraine.
ApeX
Aster
gTrade
HyperliquidFour steps from sign-up to an open position.
Individuals are subject to 18% personal income tax plus a 5% military levy on crypto gains and income from virtual asset transactions.
Trading BONK from Ukraine: not clearly regulated.
For Bonk traders in Ukraine: In practice Ukrainians verify on foreign platforms under those platforms' own rules.
From Ukraine, you can fund a Bonk position using Local bank card to a foreign crypto venue, Bank transfer (hryvnia, domestic) and USDT P2P.
10 platforms serve Ukraine for Bonk trading, among them Aevo, ApeX and Aster.