Exchange terms

All current exchange rates and limits are displayed on the GroshX homepage. The information is updated automatically, so you always see up-to-date values.

Ukrainian banks, including PrivatBank and Monobank, do not officially support direct transactions with cryptocurrency exchanges or exchangers. This is due to anti-money-laundering regulations. If transaction amounts exceed UAH 30,000, the bank is required to request documents confirming the source of funds, order screenshots, or other proofs. Monthly turnover above UAH 400,000 may be considered entrepreneurial activity, and the bank may temporarily restrict the card until explanations are provided. Transactions over UAH 5,000 are subject to additional monitoring with SMS or call verification.

Ukrainian banks apply two types of limits: the bank’s own limits and financial monitoring rules set by the National Bank of Ukraine. Cash deposits at branches or terminals are usually limited to UAH 150,000 per transaction. P2P transfers are typically limited to UAH 100,000–150,000 per day. If the total monthly turnover exceeds UAH 400,000, the bank may request confirmation of the source of funds. Cash withdrawals from ATMs are limited to UAH 50,000 per day, and up to UAH 150,000 at bank branches, with all such operations subject to financial monitoring. For international transfers, the limit is UAH 400,000 per month without documentation, although banks increasingly request explanations. Any transaction exceeding UAH 30,000 is subject to review. Banks also closely monitor cryptocurrency-related transactions and may block cards if suspicious activity is detected.

The easiest way for a beginner to get started is with an online exchange such as GroshX. Simply select the exchange direction (e.g., UAH/USDT), specify the amount and card details. After confirmation, the payment is processed automatically, and the cryptocurrency is transferred to your wallet. Important: before buying, you need to create your own crypto wallet to store your assets safely, rather than leaving them on third-party services.