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.
A perpetual on DRAM tracks price and does not confer ownership of the underlying — the same contract mechanics apply in every jurisdiction; what differs by country is legal status and funding rails.
8 venues open DRAM Price Index perps to traders in Ukraine.
ApeX
Aster
Hyperliquid
Ostium
Paradex
QFEX
VestFour 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 DRAM Price Index from Ukraine: not clearly regulated.
From Ukraine, you can fund a DRAM Price Index position using Local bank card to a foreign crypto venue, Bank transfer (hryvnia, domestic) and USDT P2P.
Canborsa offers up to 20x leverage on DRAM Price Index for traders based in Ukraine.
On Canborsa, DRAM Price Index trading from Ukraine costs 0.07% per side.
Perpetual markets for stocks, gold, indices and pre-IPO names — settled on-chain, no wallet-to-exchange transfers.
Robinhood Chain
