How to Trade Monad (MON) in Côte d'Ivoire

From Côte d'Ivoire, exposure to Monad runs through a USDC-settled perpetual.

Is Monad trading legal in Côte d'Ivoire?

Côte d'Ivoire has no crypto law, and the region is still deciding. Monetary and prudential authority sits with the BCEAO, the central bank shared by the eight UEMOA states, and its own inventory of the texts governing financial stability in the Union runs through monetary policy, banking, payment systems, microfinance, external financial relations, anti-money-laundering, electronic money and payment services without a single instrument on crypto-assets.

What the contract is

A perpetual on MON 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.

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 MON-PERP

Pick MON in the markets list. The ticket shows the live price, the current funding rate and max leverage 5x .

MON-PERPPerpetual · USDC marginLONG

Choose Buy / Long, then set size and leverage

Buying $1,000 of MON 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.

Côte d'Ivoire applies no tax on cryptocurrency gains, so no capital gains rate applies to crypto disposals.

Trading Monad from Côte d'Ivoire: not clearly regulated.

Regulator for Monad trading in Côte d'Ivoire: Banque Centrale des Etats de l'Afrique de l'Ouest (BCEAO) and the Autorité des Marchés Financiers de l'Union Monétaire Ouest Africaine (AMF-UMOA) hold monetary and securities authority regionally; neither has a crypto mandate.

For Côte d'Ivoire residents trading Monad: Côte d'Ivoire applies no tax on cryptocurrency gains, so no capital gains rate applies to crypto disposals.

For Monad traders in Côte d'Ivoire: Under the UMOA's 2023 anti-money-laundering law, virtual asset service providers in Côte d'Ivoire must obtain prior approval and comply with due diligence, reporting, and document retention obligations.

Côte d'Ivoire residents can trade Monad on 16 platforms, including Aevo, ApeX and Aster.