Trade Bonk in Israel

This page answers one question for Israel: how a resident actually gets BONK exposure, and what the rules say.

Is Bonk trading legal in Israel?

Spot crypto is legal and licensed: dealing in virtual assets is a regulated financial service, and the licence comes from the Capital Market, Insurance and Savings Authority. The State Comptroller's November 2024 audit of digital-currency taxation records that five licence holders were then operating in Israel in the field of virtual assets under a licence granted by the Capital Market Authority, and that the licence allows them to buy, sell and convert virtual assets. The same authority published an investor warning in February 2023 against taking financial services in virtual currencies from unsupervised bodies operating without its licence — which is the shape of the regime: licensed venues are lawful, unlicensed ones are what the regulator warns about.

What the contract is

A perpetual on BONK 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.

Sign up on Canborsa with email, X or a wallet

No document upload to open the account. Canborsa is non-custodial: your collateral stays under your own keys until a position opens.

Email X Wallet

Fund the account with USDC

Deposit USDC over Canton, Robinhood Chain, Ethereum, Base, BNB Chain or Arbitrum. Canborsa takes no fiat, so buying the USDC happens wherever you normally buy stablecoins.

→Robinhood Chain

Open BONK-PERP

Pick BONK in the markets list. The ticket shows the live price, the current funding rate and max leverage 10x .

BONK-PERPPerpetual · USDC marginLONG

Choose Buy / Long, then set size and leverage

Buying $1,000 of BONK at 5x uses $200 of collateral. Higher leverage moves the liquidation price closer to your entry: your exposure is the position size, whatever margin you posted. Set a stop-loss below your entry before you walk away.

Capital gains tax for an individual whose crypto activity does not amount to a business, with no VAT; marginal income-tax rates where the activity does amount to a business, and mining taxed as a business and as a VAT-registered dealer.

Trading Bonk from Israel: legal.

Regulator for Bonk trading in Israel: Capital Market, Insurance and Savings Authority licenses virtual-asset service providers; Israel Securities Authority (ISA) licenses trading platforms and supervises securities; Bank of Israel governs bank access under Directive 411.

From Israel, you can fund a Bonk position using Israeli commercial bank transfer (ILS).

Israel residents can trade Bonk on 14 platforms, including Aevo, ApeX and Aster.