How to Buy Bitcoin in Ukraine in 2021

Mar 2, 2021 | Bitcoin101 | 0 comments

It’s no secret that cryptocurrency has blown up over the past few months. With bull runs, high company investments and the media constantly discussing it, cryptocurrencies have established a firm and solid foundation in the financial world and payments services industry. Leaving no man or country behind, it was reported that Ukraine has seen a massive increase in Google searches looking at how to buy Bitcoin in Ukraine in 2021. In this guide we’re going to run through how to buy Bitcoin with bank transfer, credit / debit card, and a local payment processor, Neteller.

How To Buy Bitcoin Via Bank Transfer – Cex.io

Cex.io launched in 2013 initially as a cloud mining provider, from where it soon grew into a large cryptocurrency exchange, catering to over 600,000 active users. With a wide range of crypto offers, multiple currencies accepted and a highly regarded customer support team, Cex.io has built a solid reputation in the crypto industry for providing a top exhange service. Users can easily deposit funds onto the platform via bank transfers, incurring no deposit fees. However, withdrawing funds will cost $50, or the local equivalent. 

In order to buy Bitcoin via bank transfer on Cex.io, users will need to create an account on the platform. In doing so, they will also need to verify their identity, in line with KYC processes required on all reputable platforms. Once the user is registered and logged in, they will need to select the Deposit option, followed by the Bank Transfer option. Take note of the payment details and make a bank transfer to the details provided. Once the transfer is complete, send proof of payment to the address provided. After the transaction is complete, the funds will appear in the user’s balance.

How To Buy Bitcoin Via Credit / Debit Card – Btcu.biz

Providing one of the easiest and fastest ways to buy Bitcoin in Ukraine, and particularly via credit / debit card, is the local exchange Btcu.biz. The platform makes use of a network of fast-deposit iBox and Tyme ATM terminals, allowing anyone around the country to buy Bitcoin at any time. The platform was also recently nominated for “Best Blockchain Project 2020”. 

The process on Btcu.biz is as uncomplicated and streamlined as one would hope. Users will need to create an account on the platform and log in. Once in, select Deposit and indicate whether you will be using a Visa or Mastercard credit / debit card. Enter the amount you wish to deposit and ensure that you’ve read the terms and conditions and rules of service before clicking Next. Once the details are confirmed, select “Pay via the payment system website” to complete the transaction. 

How To Buy Bitcoin With A Local Payment Processor – LocalBitcoins.com

A great option wherever in the world you might be, LocalBitcoins provides a seamless and convenient way to buy Bitcoin with local payment processors. In Ukraine, we will be looking at using the Neteller service, however the platform offers many other payment options should one want to explore other ones. This peer to peer trading platform was created in Finland in 2012 and has spread across the world as a highly regarded platform on which to buy Bitcoin. Buyers and sellers can create ads indicating how much they are looking to sell or buy Bitcoin and at what price, and how they would like to be paid. Users can easily find other local users, and stick to their preferred currency and payment method. 

Buying Bitcoin in Ukraine with Neteller is as safe and simple as one could imagine. First, you will need to register an account on the LocalBitcoins platform. Once in you will find the top offers to both buying and selling Bitcoin displayed on the homescreen, select the Buy option to find all the local Ukrainians selling Bitcoin. Find a price and payment option that suits your needs, in this case Neteller, and check the seller’s rating. When you are satisfied and ready to make the payment, ensure that you read through the terms and conditions. Enter the amount you would like to purchase and select “Accept terms and send trade request”. Once the payment has been made, indicate to the seller by clicking the “I have Paid” button. The seller will then verify the payment and the platform will release the funds. LocalBitcoins use an escrow service to ensure that all trades are honest and fair.

How to Buy Bitcoin in Ukraine in 2021

While there are plenty of ways to buy Bitcoin in Ukraine in 2021, these three pose as the most viable options. Covering a range of options, from bank transfers to credit / debit card options, to local payment processors, buying Bitcoin in Ukraine has never been easier. After making your purchase make sure you stay informed by keeping a close eye on 4King for the latest news and insightful content.

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How to Buy Bitcoin in the UK in 2021

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How to Buy Bitcoin in the United States in 2021

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