Trade Venice Token in Argentina

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

Is Venice Token trading legal in Argentina?

Nothing prohibits an individual from buying, holding or selling crypto. What Argentina does bar is the banking system's involvement: BCRA Comunicacion 'A' 7506 of 5 May 2022 tells financial entities they may neither carry out nor facilitate for their clients operations in digital assets - expressly including crypto-assets and instruments whose returns are determined by the movements of those assets - unless authorised by a competent national regulator or by the BCRA itself.

That wording reaches beyond spot: an instrument whose return tracks a crypto price is exactly a perpetual or a CFD, so an Argentine bank cannot route or facilitate that exposure for a customer. It does not, on its own, settle what a non-bank venue may offer Argentine retail clients, and the CNV's rule on leveraged crypto derivatives for retail clients is an open question.

What the contract is

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

Pick VVV in the markets list. The ticket shows the live price, the current funding rate and max leverage 3x .

VVV-PERPPerpetual · USDC marginLONG

Choose Buy / Long, then set size and leverage

Buying $1,000 of VVV 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 is 5% for peso-denominated transactions and 15% for foreign-currency transactions.

Trading VVV from Argentina: legal.

Regulator for Venice Token trading in Argentina: Comisión Nacional de Valores (CNV) and Banco Central de la República Argentina (BCRA).

For Argentina residents trading Venice Token: Capital gains tax is 5% for peso-denominated transactions and 15% for foreign-currency transactions.

Argentina traders can fund Venice Token positions using Bank Transfer and P2P Marketplace.

Argentina residents can trade Venice Token on 12 platforms, including Aevo, Aster and dYdX.