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Where People Go After Binance: Alternatives for Buying USDT with Hryvnia

Binance kept P2P, but the hryvnia balance is closed and many look for backup options. Here is what to look at when choosing an exchange for P2P and where else you can buy USDT with hryvnia.

Updated October 9, 2026·6 min read

The closing of Fiat Trade UAH made many Ukrainians rethink their habits. Important: Binance P2P works, so there is no need to run anywhere urgently. But having at least two exchanges at hand is useful: price, liquidity and partner banks differ between them.

Exchanges with P2P for the hryvnia

  • Bybit: often called a convenient P2P for Ukrainians. Guide: Bybit P2P in Ukraine.
  • OKX: a separate P2P section with the hryvnia and several banks.
  • KuCoin, HTX, Bitget: smaller in volume but with active ads; sometimes a better price appears there.
  • Rankings for Ukraine also mention BingX, MEXC, Gate and others, but we do not collect data for them yet.

All six exchanges MetaRates collects (Binance, Bybit, OKX, HTX, KuCoin, Bitget) are shown in one list on the USDT to UAH rate page and in the app.

What to compare

  1. Price. The gap between the cheapest and the most expensive exchange at one moment often reaches 1-2%. On 8 October 2026 it was about 1.6% (Binance 45.45 UAH, Bybit 46.18 UAH). That is a snapshot, not a rule.
  2. Liquidity. How many orders and what total amount are in the ads: on small exchanges you may not find a large amount.
  3. Banks. Whether your bank (Monobank, PrivatBank, PUMB, A-Bank, others) is among the payment methods. Overview: P2P payment methods in Ukraine.
  4. Seller reliability. Number of trades, completion rate, response time. See 7 checks before a deal.
  5. Convenience and support. Interface language, support speed, how appeals work.

How not to waste time comparing

Opening six exchanges one by one takes long. A single page or app where prices are collected saves time: you immediately see the best price, the most reliable seller and limits for your amount. MetaRates has a "Trusted" filter (from 50 trades and 92%+) and an order calculator. For the overall price gap also read Binance, Bybit or OKX: which exchange to choose.

What to consider before switching

  • Creating an account on a new exchange requires verification, which can take time. Do not postpone it until you need the money urgently.
  • Do not keep more on an exchange than the deal needs. An exchange is not a bank and deposits there are not insured.
  • Do not trust "intermediaries" and "managers" in messengers who offer to move hryvnia quickly: it is a typical scam. See Fake P2P ads.

The article is informational, not financial advice.

Frequently asked questions

Not necessarily: P2P on Binance works. But a second exchange is useful because prices, liquidity and available banks differ.

It changes every minute. The gap between exchanges reaches 1-2%, so compare live prices on the rate page or in the MetaRates app.

Binance, Bybit, OKX, HTX, KuCoin and Bitget; prices update in real time, with a filter for reliable sellers.

P2P has escrow, but risks remain. Choose sellers with a rating, pay only to the order details and do not move to private chats outside the platform.

Check the numbers on live prices

Open MetaRates: P2P orders from six exchanges, an arbitrage calculator and rate alerts.

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This material is for information only and is not financial advice.