Venezuela has a formal legal framework for cryptocurrency through the National Superintendence of Cryptocurrencies (SUNACRIP) established in 2019, which was tasked to license and regulate crypto operations. However, SUNACRIP has been paralyzed since March 2023 due to a corruption scandal, creating a regulatory vacuum. While crypto technically remains legal, the absence of active oversight and the government's promotion of state-backed alternatives like USDT create a highly restricted and unpredictable environment.
The contract itself does not change by geography: a AMD perpetual settles in USDC everywhere.
8 venues open AMD perps to traders in Venezuela.
ApeX
Aster
Avantis
gTrade
Hyperliquid
Ostium
VestFour steps from sign-up to an open position.
Payments in cryptocurrency or crypto assets other than official ones face an additional tax set at 3%, within a range the Executive Branch may adjust from 2% to 8%.
Trading AMD from Venezuela: not clearly regulated.
Venezuela traders can fund AMD positions using Bank Transfer, Mobile Payment (Pago Móvil) and P2P Marketplace (USDT).
Venezuela residents can trade AMD on 11 platforms, including Aevo, ApeX and Aster.
Canborsa offers up to 10x leverage on AMD for traders based in Venezuela.