Restricted to retail clients, permanently, and by a pre-crypto instrument. Finanstilsynet made the ESMA-style restriction on the marketing, distribution and sale of contracts for difference to retail clients permanent in Denmark with effect from 1 August 2019, issued under Article 42 of MiFIR.
The restriction is a package: leverage caps at position opening, margin close-out rules, negative balance protection, a ban on trading incentives and a mandatory standardised risk warning. It is a restriction - a compliant firm may still sell CFDs to a Danish retail client within those limits.
The contract itself does not change by geography: a CXMT perpetual settles in USDC everywhere.
6 venues open ChangXin Memory Technologies perps to traders in Denmark.
ApeX
Aster
Hyperliquid
Lighter
OndoFour steps from sign-up to an open position.
Taxed as personal income: the tax authority states a crypto gain can mean tax of up to 53 percent, and that relief for a loss amounts to 26 percent of the loss. Gains and losses may not be offset against each other - they go in two separate boxes on the annual statement - so a year of round-tripping can produce tax on the gains with only partial relief for the losses.
Trading CXMT from Denmark: legal.
6 platforms serve Denmark for ChangXin Memory Technologies trading, among them ApeX, Aster and edgeX.
On Canborsa, traders in Denmark can use up to 5x leverage on ChangXin Memory Technologies.
On Canborsa, ChangXin Memory Technologies trading from Denmark costs 0.07% per side.