Ecuador separates the two things a person can do with crypto, and answers them in opposite directions. Buying and selling it is not forbidden: the Banco Central del Ecuador stated on 24 January 2018 that the purchase and sale of cryptocurrencies such as bitcoin over the internet is not prohibited, while stressing that bitcoin is not legal tender and is not authorised as a means of payment for goods and services under article 94 of the Codigo Organico Monetario y Financiero.
The contract itself does not change by geography: a ARB perpetual settles in USDC everywhere.
11 venues open Arbitrum perps to traders in Ecuador.
ApeX
Aster
Avantis
gTrade
Helix
Hyperliquid
KiloEx
Lighter
PacificaFour steps from sign-up to an open position.
Capital gains from the transfer of equity rights are taxed at a 10% income tax rate in Ecuador.
Trading ARB from Ecuador: regulated.
For Ecuador residents trading Arbitrum: Capital gains from the transfer of equity rights are taxed at a 10% income tax rate in Ecuador.
Bit2Me may request additional identification documents from users in Ecuador during account operations to comply with local legislation.
Ecuador traders can fund Arbitrum positions using Bank Transfer, Card and P2P Marketplace (USDT).
Canborsa charges 0.07% per side (0.14% round trip) on Arbitrum.