Trade Chainlink in Chile

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

Is Chainlink trading legal in Chile?

Chile treats crypto as a lawful, named category of financial asset. Ley 21.521 (the 'Ley Fintec', promulgated 22 December 2022 and published in the Diario Oficial on 4 January 2023) defines 'activos financieros virtuales o criptoactivos' in its Article 3 as a digital representation of units of value, goods or services other than money, and folds them into the statutory idea of an 'instrumento financiero'. An individual may buy, hold and sell crypto, and the tax authority treats the gains as ordinary taxable income.

What the contract is

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

Pick LINK in the markets list. The ticket shows the live price, the current funding rate and max leverage 20x .

LINK-PERPPerpetual · USDC marginLONG

Choose Buy / Long, then set size and leverage

Buying $1,000 of LINK 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.

No crypto-specific rate was found. The SII classifies crypto trading income under Art. 20 No. 5 of the Income Tax Law, so it carries the general income taxes (Impuesto de Primera Categoría plus Impuesto Global Complementario or Impuesto Adicional), and it holds that the sale of crypto is not subject to VAT because it falls on intangible goods. The ruling states no rate figures and none are supplied here.

Trading LINK from Chile: legal.

Comisión para el Mercado Financiero (CMF).

Chile traders can fund Chainlink positions using Bank Transfer, Debit Card and P2P Marketplace.

On Canborsa, traders in Chile can use up to 20x leverage on Chainlink.

On Canborsa, Chainlink trading from Chile costs 0.07% per side.