--- title: "Binance Ditches the Hryvnia: What Happens to the USDT/UAH Pair and UAH Balances by the End of September" description: "Binance is ending support for the hryvnia: it is removing the USDT/UAH pair and closing operations via Fiat Trade. UAH balances will be converted at a rate of 46.5, with a deadline of September 28 for independent withdrawal." date: 2026-09-23T08:14:00.000Z lang: en url: https://xab.info/en/posts/binance-drops-hryvnia-usdt-uah tags: [binance, crypto, uah, usdt, ukraine, fiat-trade] publisher: "XAB.info" --- # Binance Ditches the Hryvnia: What Happens to the USDT/UAH Pair and UAH Balances by the End of September ![Binance logo on a smartphone screen: the crypto exchange drops the USDT/UAH pair and hryvnia withdrawals until the end of September](https://xab.info/media/2026/09/23/binance-otkazyvaetsya-ot-grivny-usdt-uah/binance-otkazyvaetsya-ot-grivny-usdt-uah-1.webp) ## 🎯 Key Points - Binance is removing the USDT/UAH trading pair and automatically cancelling open orders on it. - Operations involving the hryvnia via Fiat Trade are being discontinued; hryvnia balances are converted at a fixed rate of 46.5. - It is recommended to manage your funds and orders independently by September 28; automatic conversion will be completed by September 30. - There is an inconsistency in the sources: in one case the balances are converted into USD, in another — into USDT. - Crypto profits in Ukraine are taxed at 23% (18% personal income tax + 5% military levy); there is no separate crypto law. One of the world's largest cryptocurrency exchanges, Binance, has announced that it is dropping support for the Ukrainian hryvnia. This was reported by RBC-Ukraine, citing an official statement from the platform. The changes affect the USDT/UAH trading pair, open orders on it, and the hryvnia balances in users' accounts. For the Ukrainian audience, which actively used the hryvnia as a fiat currency for entering and exiting crypto, this decision means they need to urgently review their financial operations on the platform. ### What exactly is Binance closing According to the outlet, the exchange is removing the USDT/UAH trading pair: all open orders on it will be automatically cancelled. In addition, as specialized crypto sources clarify, operations involving the hryvnia via the Fiat Trade service are being discontinued — the tool through which users could top up and withdraw fiat funds. As a result, the hryvnia "fiat" layer on Binance is effectively being shut down, and the platform is reducing its UAH support to zero. ### Deadlines and the conversion rate The key parameter for users is the fixed conversion rate for hryvnia balances, which, according to the statement, stands at 46.5 hryvnia per dollar. The exchange advises users not to wait for automatic actions and to manage their funds and open orders themselves before the set deadlines. A practical benchmark for independently withdrawing and closing positions is September 28, while this option is still available, whereas the automatic conversion of balances, per the statement, will be completed by September 30. In other words, users have a few days to avoid relying on automation and to withdraw or convert their funds at their own discretion. ### Contradictory data There is an inconsistency in the publications on the topic regarding exactly which currency the hryvnia balances are converted into. In the statement cited by RBC-Ukraine, the conversion is into US dollars (USD) at a rate of 46.5 UAH/USD. At the same time, a number of sources (in particular, sud.ua) state in their headline that UAH balances are converted into USDT at the same rate of 46.5. The fact of the hryvnia being closed and the USDT/UAH pair being removed is confirmed by all sources, however, the target currency for automatic conversion differs across materials — USD versus USDT. Until Binance clarifies the matter, users should rely on the official notifications in their personal accounts rather than on media headlines alone. ### Tax context for the Ukrainian user It is worth separately reminding users of the fiscal consequences. There is no separate law on cryptocurrency taxation in Ukraine as of the time of publication, so profits from the sale of digital assets are taxed as ordinary income of an individual: 18% personal income tax plus a 5% military levy, for a total of 23%. This means that even when closing hryvnia positions and converting into another currency, the user is obliged to account for the declaration of income from crypto assets. Binance's decision does not change the tax rules, but it makes timely documentation of transactions even more relevant. ### Bottom line Binance's decision to drop the hryvnia is part of a broader trend among major exchanges to reduce support for certain fiat currencies in favor of stablecoins and the dollar. For the Ukrainian user, this is not a catastrophe, but it requires action within a tight timeframe: close orders, withdraw or convert UAH by September 28, and record the rate of 46.5 for tax purposes. The main thing is not to wait for automatic conversion and to check exactly which currency (USD or USDT) the platform will credit the balance to, by verifying against the official notification. ## 🔍 Fact-Check Verification - [Crypto exchange Binance will no longer support the hryvnia: what to do before September 28](https://www.rbc.ua/ukr/news/kriptobirzha-binance-bilshe-pidtrimuvatime-1790151013.html) - Подтверждает отказ от гривны, удаление USDT/UAH, автоотмену ордеров, конвертацию остатков в USD по курсу 46,5 до 30 сентября и дедлайн самостоятельного вывода 28 сентября. - [Binance to close hryvnia deposits and withdrawals and remove the USDT/UAH pair](https://delo.ua/ru/news/binance-zakroet-depozity-i-vyvod-grivny-i-uberet-paru-usdtuah-473043/) - Подтверждает закрытие депозитов и вывода гривны и удаление пары USDT/UAH. - [Binance closes hryvnia operations: UAH balances converted into USDT at a rate of 46.5 UAH](https://sud.ua/ru/news/ukraine/372959-binance-zakryvaie-operatsii-z-hryvneiu-zalyshky-uah-konvertuiut-u-usdt-za-kursom-465-hrn) - Подтверждает закрытие операций с гривной и курс 46,5, но в заголовке указывает целевую валюту USDT, что расходится с версией USD у РБК. - [Binance to end hryvnia operations via Fiat Trade and remove the USDT/UAH pair](https://incrypted.com/binance-prekratyt-operatsyy-s-hryvnoy-cherez-fiat-trade-y-udalyt-paru-usdt-uah/) - Уточняет, что операции с гривной прекращаются через сервис Fiat Trade, и подтверждает удаление пары USDT/UAH. ## ❓ FAQ ### Q: What exactly is Binance closing regarding the hryvnia? **A:** Binance is removing the USDT/UAH trading pair, automatically cancelling open orders on it, and discontinuing operations involving the hryvnia via the Fiat Trade service. ### Q: What will happen to my hryvnia balances? **A:** According to the statement, UAH balances are converted at a fixed rate of 46.5. One source names USD as the target currency, another — USDT, so it is worth checking the official notification in your personal account. ### Q: By what date do I need to withdraw my funds? **A:** It is recommended to manage your funds and orders independently by September 28, while the withdrawal option is still available; automatic conversion will be completed by September 30. ### Q: How is cryptocurrency profit taxed in Ukraine? **A:** There is no separate crypto law: profits are taxed as ordinary income of an individual — 18% personal income tax plus a 5% military levy, for a total of 23%.