Trade Monad in Serbia

Monad (MON) is tradable as a perpetual from Serbia: the legal status, working funding rails and the practical route are below.

Is Monad trading legal in Serbia?

Serbia is one of the few non-EU countries we cover with a dedicated statute: the Law on Digital Assets (RS Official Gazette No 153/2020) has applied since June 2021 and covers both halves of the market. It defines digital assets as a digital representation of value that can be bought, sold, exchanged or transferred and used as a means of exchange or for investment, and it separates out virtual currency - a type of digital asset that no central bank or public authority issues or guarantees, that is not necessarily attached to legal tender, and that does not have the legal status of money or a currency. Owning and trading crypto is therefore lawful; what is licensed is the business of serving other people.

What the contract is

The contract itself does not change by geography: a MON 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 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.

Capital gains tax on cryptocurrency in Serbia is a flat 15%, calculated on the difference between the selling price and the documented purchase price.

Trading MON from Serbia: legal.

Regulator for Monad trading in Serbia: Narodna banka Srbije (National Bank of Serbia) covers virtual currencies; Komisija za hartije od vrednosti (Securities Commission) covers digital tokens.

After choosing a crypto exchange, Serbian users must complete Know Your Customer verification by submitting official identification documents such as a passport, ID card, and proof of address before trading.

Serbia residents can trade Monad on 16 platforms, including Aevo, ApeX and Aster.