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 AVAX perpetual settles in USDC everywhere.
10 venues open Avalanche perps to traders in Venezuela.
ApeX
Aster
Avantis
gTrade
Hyperliquid
KiloEx
Paradex
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 Avalanche from Venezuela: not clearly regulated.
Banco Central de Venezuela (BCV) and Superintendencia de las Instituciones del Sector Bancario (SUDEBAN).
From Venezuela, you can fund an Avalanche position using Bank Transfer, Mobile Payment (Pago Móvil) and P2P Marketplace (USDT).
Canborsa offers up to 20x leverage on Avalanche for traders based in Venezuela.
On Canborsa, Avalanche trading from Venezuela costs 0.07% per side.