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 XYZ100 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.
2 venues open Nasdaq 100 (XYZ100) perps to traders in Ukraine.
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 Nasdaq 100 (XYZ100) from Ukraine: not clearly regulated.
From Ukraine, you can fund a Nasdaq 100 (XYZ100) position using Local bank card to a foreign crypto venue, Bank transfer (hryvnia, domestic) and USDT P2P.
Ukraine residents can trade Nasdaq 100 (XYZ100) on 4 platforms, including Aevo, GMX and Hyperliquid.
On Canborsa, traders in Ukraine can use up to 20x leverage on Nasdaq 100 (XYZ100).
On Canborsa, Nasdaq 100 (XYZ100) 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
