Trade Ondo Finance in Vietnam

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

Is Ondo Finance trading legal in Vietnam?

Vietnam moved from tolerated grey market to a licensed pilot in 2025. Resolution 05/2025/NQ-CP, in force from 9 September 2025, opens a five-year pilot crypto asset market: crypto assets may be used for exchange or investment, all offering, issuance, trading and settlement must be in Vietnamese dong, and domestic and foreign investors may open accounts at providers licensed by the Ministry of Finance. The licence bar is high — VND 10,000 billion of contributed charter capital, at least 65% held by organisations, foreign ownership capped at 49% — and the Ministry of Finance, with the Ministry of Public Security and the State Bank, selects up to five providers in total.

What the contract is

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

Pick ONDO in the markets list. The ticket shows the live price, the current funding rate and max leverage 10x .

ONDO-PERPPerpetual · USDC marginLONG

Choose Buy / Long, then set size and leverage

Buying $1,000 of ONDO 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 exists yet. Until Vietnam promulgates tax policy for the crypto asset market, the tax rules for securities apply to the trading, transfer and business of crypto assets. Resolution 05/2025/NQ-CP states no percentage rate.

Trading ONDO from Vietnam: regulated.

Ministry of Finance of Vietnam is the licensing authority for the pilot crypto asset market, working with the Ministry of Public Security and the State Bank of Vietnam; the State Securities Commission receives licence applications.

For Vietnam residents trading Ondo Finance: No crypto-specific rate exists yet.

Vietnam traders can fund Ondo Finance positions using VND bank transfer, USDT P2P and Debit/credit card.

Canborsa charges 0.07% per side (0.14% round trip) on Ondo Finance.