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Author: Admin | 2025-04-28
Most popular being Kuna and Binance, which account for a combined 215,058,600 active users. Both exchanges are considered to be beginner-friendly and offer multiple deposit methods and a variety of cryptocurrencies. Exchanges will differ by fees, security, payment methods, and other features, so explore the "info" tab on the exchanges listed above to find which one is the right fit for you. The platform you end up choosing will depend on your preferences and the cryptocurrencies and payment methods they support. Also it's important to note that you can always sign up to other exchanges later. 2. Complete the KYC verification process After signing up to an exchange you will need to verify your identity and address, which is part of the Know Your Customer (KYC) process. This is an unavoidable legal requirement for almost all exchanges in Ukraine. To complete this step you will need your photo ID readily available to take pictures of both the front and back sides of the document. In most cases your verification will be approved instantly and at most can take 1-2 days. 3. Make a fiat deposit To begin buying bitcoin and other cryptocurrencies you will need to link a bank account or credit card to the exchange. Some of the payment methods provided by Kuna and Binance are: Kuna Code, GEO Pay, Debit Card, Credit Card, Qiwi. Depending on the payment method, it could take anywhere from a couple of minutes to days for the funds to arrive at the exchange.
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