Venezuela has a formal legal framework for cryptocurrency through the National Superintendence of Cryptocurrencies (SUNACRIP) established in 2019, which was tasked to license and regulate crypto operations. However, SUNACRIP has been paralyzed since March 2023 due to a corruption scandal, creating a regulatory vacuum. While crypto technically remains legal, the absence of active oversight and the government's promotion of state-backed alternatives like USDT create a highly restricted and unpredictable environment.
The contract itself does not change by geography: a TSM perpetual settles in USDC everywhere.
5 venues open TSMC perps to traders in Venezuela.
Aster
Hyperliquid
Ostium
VestFour steps from sign-up to an open position.
Payments in cryptocurrency or crypto assets other than official ones face an additional tax set at 3%, within a range the Executive Branch may adjust from 2% to 8%.
Trading TSMC from Venezuela: not clearly regulated.
Venezuela traders can fund TSMC positions using Bank Transfer, Mobile Payment (Pago Móvil) and P2P Marketplace (USDT).
8 platforms serve Venezuela for TSMC trading, among them Aevo, Aster and edgeX.
Canborsa offers up to 10x leverage on TSMC for traders based in Venezuela.
Canborsa charges 0.07% per side (0.14% round trip) on TSMC.