How to Trade Pudgy Penguins (PENGU) in Greece

From Greece, exposure to Pudgy Penguins runs through a USDC-settled perpetual.

Is Pudgy Penguins trading legal in Greece?

On spot crypto the Hellenic Capital Market Commission runs a working MiCA regime: its crypto-assets section lists the primary legislation as the MiCA Regulation together with Greek Law 5193/2025, publishes the procedure for applying to it for authorisation as a crypto-asset service provider under Regulation (EU) 2023/1114, carries the Article 65 template for providers serving Greek clients cross-border from another member state, and keeps a page of crypto-asset service providers in Greece filed under its market-entity supervision powers. So there are two lawful routes to a Greek retail user - a provider authorised by the HCMC itself, and one passported in from elsewhere in the EEA - and a venue confirms the second in practice, naming Greece among the EEA states its Irish MiCA CASP authorisation is passported to.

What the contract is

A perpetual on PENGU 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 PENGU-PERP

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

PENGU-PERPPerpetual · USDC marginLONG

Choose Buy / Long, then set size and leverage

Buying $1,000 of PENGU 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 crypto in Greece is a flat 15% rate.

Trading Pudgy Penguins from Greece: legal.

Regulator for Pudgy Penguins trading in Greece: Επιτροπή Κεφαλαιαγοράς (Hellenic Capital Market Commission, HCMC).

For Greece residents trading Pudgy Penguins: Capital gains tax on crypto in Greece is a flat 15% rate.

Greece traders can fund Pudgy Penguins positions using SEPA / SEPA Instant transfer (EUR), Debit card and PayPal.

Greece residents can trade Pudgy Penguins on 15 platforms, including Aevo, ApeX and Aster.