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 CC perpetual settles in USDC everywhere.
7 venues open Canton Coin perps to traders in Ecuador.
Aster
Derive
Helix
Hyperliquid
Lighter
ParadexFour 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 CC from Ecuador: regulated.
Bit2Me may request additional identification documents from users in Ecuador during account operations to comply with local legislation.
Ecuador traders can fund Canton Coin positions using Bank Transfer, Card and P2P Marketplace (USDT).
Ecuador residents can trade Canton Coin on 8 platforms, including Aster, Derive and GMX.
Canborsa charges 0.07% per side (0.14% round trip) on Canton Coin.