Spot crypto is legal and licensed: dealing in virtual assets is a regulated financial service, and the licence comes from the Capital Market, Insurance and Savings Authority. The State Comptroller's November 2024 audit of digital-currency taxation records that five licence holders were then operating in Israel in the field of virtual assets under a licence granted by the Capital Market Authority, and that the licence allows them to buy, sell and convert virtual assets. The same authority published an investor warning in February 2023 against taking financial services in virtual currencies from unsupervised bodies operating without its licence — which is the shape of the regime: licensed venues are lawful, unlicensed ones are what the regulator warns about.
A perpetual on PEPE 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.
13 venues open Pepe perps to traders in Israel.
ApeX
Aster
gTrade
Helix
Hyperliquid
Lighter
Pacifica
Paradex
Reya
Synthetix
VestFour steps from sign-up to an open position.
Capital gains tax for an individual whose crypto activity does not amount to a business, with no VAT; marginal income-tax rates where the activity does amount to a business, and mining taxed as a business and as a VAT-registered dealer.
Trading PEPE from Israel: legal.
Capital Market, Insurance and Savings Authority licenses virtual-asset service providers; Israel Securities Authority (ISA) licenses trading platforms and supervises securities; Bank of Israel governs bank access under Directive 411.
For Israel residents trading Pepe: Capital gains tax for an individual whose crypto activity does not amount to a business, with no VAT; marginal income-tax rates where the activity does amount to a business, and mining taxed as a business and as a VAT-registered dealer.
Canborsa offers up to 10x leverage on Pepe for traders based in Israel.