Spot crypto is legal in South Korea and sits inside a registration regime with two layers. On top of that, the Act on the Protection of Virtual Asset Users took effect on 19 July 2024 and added protection of user deposits and assets, rules against unfair trading such as price manipulation, and supervisory and sanctioning powers over VASPs. The regime is still tightening: on 11 August 2026 the cabinet approved a revision to the Enforcement Decree imposing stricter registration requirements and enhanced AML duties on VASPs.
The contract itself does not change by geography: a SUI perpetual settles in USDC everywhere.
14 venues open Sui perps to traders in South Korea.
ApeX
Aster
Avantis
gTrade
Helix
Hyperliquid
Lighter
Pacifica
Paradex
Reya
VestFour steps from sign-up to an open position.
A 22% tax applies to annual crypto gains exceeding 2.5 million KRW (approximately $1,740), effective January 1, 2027.
Trading Sui from South Korea: legal.
Financial Services Commission (FSC), with the Korea Financial Intelligence Unit (KoFIU) as the registration and AML authority.
From South Korea, you can fund a Sui position using KRW bank transfer via real-name verified account.
On Canborsa, traders in South Korea can use up to 20x leverage on Sui.
On Canborsa, Sui trading from South Korea costs 0.07% per side.