Spot crypto is legal and regulated: the Law on Crypto Assets (ՀՕ-159-Ն), adopted 29 May 2025, signed 23 June 2025 and in force since 4 July 2025 (amended by ՀՕ-515-Ն of 17 December 2025), regulates public offers and purchase and sale of crypto-assets, defines ten types of crypto-asset service, and hands regulation and supervision of the market to the Central Bank of Armenia. The prohibition is aimed at unlicensed providers, not at holders: a resident may own or trade spot crypto, and the Tax Code now names crypto-assets as a distinct category of property.
Leveraged derivatives are a separate track. Article 1(3) excludes from the crypto law any crypto-asset that answers the securities-law definition of a security or a derivative financial instrument, so crypto perpetuals and CFDs are governed by the Law on the Securities Market and require investment-services authorisation.
A perpetual on AERO tracks price and does not confer ownership of the underlying — the same contract mechanics apply in every jurisdiction; what differs by country is legal status and funding rails.
6 venues open Aerodrome Finance perps to traders in Armenia.
Aster
Avantis
gTrade
Helix
Hyperliquid
LighterFour steps from sign-up to an open position.
Individuals: 0% on disposal of ordinary crypto-assets — that income is a deducted (exempt) income under Tax Code Art. 147(1)(16.1). The two carve-outs, NFTs and crypto received automatically as a mining or validation reward, are taxed at 1% under Art. 150(9.1) ('եկամտային հարկը հաշվարկվում է մեկ տոկոս դրույքաչափով'). Disposal of a crypto-asset is exempt from VAT under Art. 64(59).
Trading Aerodrome Finance from Armenia: legal.
Central Bank of Armenia (Հայաստանի Հանրապետության կենտրոնական բանկ, CBA).
Individuals: 0% on disposal of ordinary crypto-assets — that income is a deducted (exempt) income under Tax Code Art. 147(1)(16.1).
For Aerodrome Finance traders in Armenia: Full identity verification through a regulated intermediary is the norm, and anonymity is closed off by statute.
From Armenia, you can fund an Aerodrome Finance position using Bank transfer (AMD) through an Armenian bank, A CBA-licensed crypto-asset service provider as the on-ramp and Local bank cards.