Trade Grass in Peru

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

Is Grass trading legal in Peru?

Peru does not ban crypto, and it does not licence it either. The state's one firm hold on the sector is anti-money-laundering: the Superintendencia de Banca, Seguros y AFP, through the Unidad de Inteligencia Financiera del Perú, publishes the list of 'sujetos obligados' - the businesses that must report to the UIF - and item 30 on that list is 'Proveedores de Servicios de Activos Virtuales (PSAV)'. That is a reporting duty: nothing here requires a Peruvian crypto venue to hold a licence, sets capital or conduct requirements for one, or prohibits an individual from buying, holding or selling crypto.

What the contract is

The contract itself does not change by geography: a GRASS 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 GRASS-PERP

Pick GRASS in the markets list. The ticket shows the live price, the current funding rate and max leverage 3x .

GRASS-PERPPerpetual · USDC marginLONG

Choose Buy / Long, then set size and leverage

Buying $1,000 of GRASS 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.

Crypto gains are taxed at an effective rate of 6.25% as second-category income.

Trading GRASS from Peru: legal.

Superintendencia de Banca, Seguros y AFP (SBS) and Unidad de Inteligencia Financiera del Perú (UIF).

Crypto gains are taxed at an effective rate of 6.25% as second-category income.

For Grass traders in Peru: Virtual asset service providers in Peru must verify customer identity and implement anti-money laundering systems under Supreme Decree No. 006-2023-JUS, with compliance overseen by the Financial Intelligence Unit (UIF).

From Peru, you can fund a Grass position using Bank Transfer, Debit Card and Mobile Money (Yape, Plin).