Spot and derivatives diverge sharply here. Holding and trading spot crypto is lawful for a French resident, but who may serve them is now tightly closed: the transition from the French PSAN regime under the loi Pacte to the EU MiCA regulation ended on 1 July 2026, and since 2 July 2026 only an authorised crypto-asset service provider (PSCA/CASP) may provide crypto services in France.
The AMF publishes a white list of authorised providers and stresses that MiCA carries no equivalence regime with third countries, so a non-EU exchange cannot serve French clients on the strength of a home-country licence; providers that failed to obtain authorisation are running orderly wind-down plans and moving clients out. France had authorised 31 providers by 6 July 2026, against 283 across the EU.
A perpetual on GRAM 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.
10 venues open Gram perps to traders in France.
ApeX
Aster
gTrade
Helix
Hyperliquid
Lighter
Paradex
ReyaFour steps from sign-up to an open position.
Occasional traders pay up to 30% PFU on crypto gains; professional traders are taxed as non-commercial profits (BNC) up to 45%.
Trading Gram from France: legal.
France residents can trade Gram on 12 platforms, including ApeX, Aster and dYdX.
Canborsa offers up to 10x leverage on Gram for traders based in France.
On Canborsa, Gram trading from France costs 0.07% per side.