Trade Bitcoin in Armenia

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

Is Bitcoin trading legal in Armenia?

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.

What the contract is

The contract itself does not change by geography: a BTC perpetual settles in USDC everywhere.

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 BTC-PERP

Pick BTC in the markets list. The ticket shows the live price, the current funding rate and max leverage 25x .

BTC-PERPPerpetual · USDC marginLONG

Choose Buy / Long, then set size and leverage

Buying $1,000 of BTC 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.

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 BTC from Armenia: legal.

Regulator for Bitcoin trading in Armenia: Central Bank of Armenia (Հայաստանի Հանրապետության կենտրոնական բանկ, CBA).

On Canborsa, traders in Armenia can use up to 25x leverage on Bitcoin.

Canborsa charges 0.07% per side (0.14% round trip) on Bitcoin.