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 SP500 perpetual settles in USDC everywhere.
10 venues open S&P 500 perps to traders in Ukraine.
ApeX
Avantis
dYdX
gTrade
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 SP500 from Ukraine: not clearly regulated.
From Ukraine, you can fund an S&P 500 position using Local bank card to a foreign crypto venue, Bank transfer (hryvnia, domestic) and USDT P2P.
13 platforms serve Ukraine for S&P 500 trading, among them Aevo, ApeX and Avantis.
On Canborsa, traders in Ukraine can use up to 30x leverage on S&P 500.
On Canborsa, S&P 500 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
