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 PUMP 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.
10 venues open Pump.fun perps to traders in Ukraine.
ApeX
Aster
Avantis
Ethereal
gTrade
Hyperliquid
Paradex
SynthetixFour 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 PUMP from Ukraine: not clearly regulated.
For Ukraine residents trading Pump.fun: Individuals are subject to 18% personal income tax plus a 5% military levy on crypto gains and income from virtual asset transactions.
12 platforms serve Ukraine for Pump.fun trading, among them Aevo, ApeX and Aster.
On Canborsa, traders in Ukraine can use up to 10x leverage on Pump.fun.