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 ETHFI perpetual settles in USDC everywhere.
6 venues open Ether.fi perps to traders in Ukraine.
Aster
Avantis
gTrade
Hyperliquid
ParadexFour 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 Ether.fi from Ukraine: not clearly regulated.
National Securities and Stock Market Commission (NSSMC) licenses capital-market activity including derivative contracts; the National Bank of Ukraine (NBU) sets the currency restrictions; no authority currently supervises virtual assets.
For Ukraine residents trading Ether.fi: Individuals are subject to 18% personal income tax plus a 5% military levy on crypto gains and income from virtual asset transactions.
For Ether.fi traders in Ukraine: In practice Ukrainians verify on foreign platforms under those platforms' own rules.
8 platforms serve Ukraine for Ether.fi trading, among them Aevo, Aster and Avantis.