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 DRAM perpetual settles in USDC everywhere.
11 venues open DRAM Price Index perps to traders in Ecuador.
ApeX
Aster
Hyperliquid
Lighter
Ondo
Ostium
Pacifica
Paradex
VestFour 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 DRAM from Ecuador: regulated.
From Ecuador, you can fund a DRAM Price Index position using Bank Transfer, Card and P2P Marketplace (USDT).
On Canborsa, traders in Ecuador can use up to 20x leverage on DRAM Price Index.
On Canborsa, DRAM Price Index trading from Ecuador costs 0.07% per side.