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Asset × Country · Legal Status

How to Trade World Liberty Financial (WLFI) in Bangladesh

STATUSBanned REGULATORBangladesh Bank CLASSCrypto

Crypto trading is banned in Bangladesh, so no trading route for World Liberty Financial is offered to residents.

World Liberty Financial · WLFI-PERPCrypto · Bangladesh
Price · 24h—
Max leverage5x
Funding · APR—
In BangladeshBanned
Canborsa fee0.07% per side
World Liberty Financial in Bangladesh · at a glance
Banned
legal statusWorld Liberty Financial exposure from Bangladesh
5x
max leverageWorld Liberty Financial on Canborsa
0.07%
0.14% round-tripCanborsa fee per side
1h
funding intervalSettled while a position is open
What the law actually says

Is World Liberty Financial trading legal in Bangladesh?

Bangladesh does not tolerate crypto at any layer, and the prohibition is built on foreign-exchange law. Bangladesh Bank's FE Circular No. 24 of 15 September 2022 states that the definition of "currency" in section 2(b)(i) of the Foreign Exchange Regulation (FER) Act, 1947 does not recognise virtual currencies, and that they are neither approved foreign exchange nor an approved form of transaction or investment under sections 2(aa) and 2(bb) of the same Act. On that footing the circular declares that any transaction made in, from or to Bangladesh for obtaining virtual assets or virtual currencies is not permitted, and that providing any facilitation for business, activities or operations associated with their exchange, transfer or trading is likewise not permitted.

What the contract is

The contract itself does not change by geography: a WLFI perpetual settles in USDC everywhere.

Regulator — Bangladesh
RegulatorBangladesh Bank
Websitewww.bb.org.bd
CryptoBanned
Funding · local rails

How to fund a trade from Bangladesh

The routes traders use to reach USDC before a deposit.

Rails · deposit routes
Rail
Status
Note
Bank transfer
BLOCKED
Banned: banks and forex dealers are barred from facilitating virtual-asset trading, and outward transfers face separate FX limits.
bKash / Nagad / other MFS wallets
BLOCKED
Banned: mobile wallet providers are named in the same circular barring banks from virtual-asset dealing.
Local debit and credit cards
BLOCKED
Banned: card-issuing banks are instructed not to deal in virtual assets, and cross-border card use is separately FX-limited.
BLOCKED
Prohibited: the circular covers any transaction obtaining virtual assets, including peer-to-peer stablecoin trades.

No trading route from Bangladesh

The legal status above rules out a trading route for World Liberty Financial exposure from Bangladesh.

Tax note — Bangladesh

Profits from selling crypto face a flat 15% Capital Gains Tax, while mining or staking income follows standard income tax brackets of 0% to 30%.

Frequently asked questions

What is the legal status of World Liberty Financial trading in Bangladesh?›

Trading World Liberty Financial from Bangladesh: banned.

How does Bangladesh restrict crypto trading?›

For World Liberty Financial traders in Bangladesh: Bangladesh Bank's FE Circular No. 24 of 15 September 2022 bans obtaining, transacting in and facilitating trade of virtual currencies under the Foreign Exchange Regulation Act, 1947, and the ban extends to crypto perpetual futures and CFDs.

What authority governs World Liberty Financial trading in Bangladesh?›

Regulator for World Liberty Financial trading in Bangladesh: Bangladesh Bank.

What are the tax rules for trading World Liberty Financial from Bangladesh?›

Profits from selling crypto face a flat 15% Capital Gains Tax, while mining or staking income follows standard income tax brackets of 0% to 30%.

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World Liberty Financial · Bangladesh

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