Asset × Country · Legal Status

How to Trade Nasdaq 100 (XYZ100) (XYZ100) in Uruguay

STATUSLegal REGULATORBCU CLASSIndex

Getting Nasdaq 100 (XYZ100) exposure from Uruguay takes a wallet and USDC; the legal status and rail-by-rail detail follow.

Nasdaq 100 (XYZ100) · XYZ100-PERPIndex · Uruguay

Price · 24h—

Max leverage20x

Funding · APR—

In UruguayAvailable

Canborsa fee0.07% per side

Trade XYZ100 on Canborsa ›

Nasdaq 100 (XYZ100) in Uruguay · at a glance

Legal

legal statusNasdaq 100 (XYZ100) exposure from Uruguay

20x

max leverageNasdaq 100 (XYZ100) on Canborsa

0.07%

0.14% round-tripCanborsa fee per side

funding intervalSettled while a position is open

What the law actually says

Is Nasdaq 100 (XYZ100) trading legal in Uruguay?

Uruguay put virtual assets inside its ordinary financial-supervision perimeter. Ley N° 20.345, titled 'REGULACION DE LOS ACTIVOS VIRTUALES', was promulgated on 19 September 2024 and published on 27 September 2024; it works by amending existing statutes.

Its article 1 rewrote article 37 of the Banco Central del Uruguay's charter (Ley N° 16.696) so that the list of entities making up the financial system - the entities the BCU regulates and supervises through its Superintendencia de Servicios Financieros - now includes issuers of stable virtual assets and providers of services on virtual assets. That article was rewritten again, keeping both categories, by article 693 of Ley N° 20.446 of 16 December 2025, so the current text differs from the 2024 original.

What the contract is

The contract itself does not change by geography: a XYZ100 perpetual settles in USDC everywhere.

Regulator — Uruguay

RegulatorBanco Central del Uruguay (BCU)

Websitewww.bcu.gub.uy

CryptoLegal

Funding · local rails

How to fund a trade from Uruguay

The routes traders use to reach USDC before a deposit.

Rails · deposit routes

Rail

Status

Note

Bank Transfer

WORKS

Bit2Me lets Uruguayan users fund a crypto purchase by bank transfer.

Credit/Debit/Prepaid Card

WORKS

Bit2Me lets Uruguayan users fund a crypto purchase by credit, debit, or prepaid card.

Crypto Deposit

WORKS

Bit2Me lets Uruguayan users fund their account by depositing cryptocurrency directly.

WORKS

P2P trading helps fund purchases in Uruguay when direct bank or card routes are limited.

Availability · by platform

Platforms that offer Nasdaq 100 (XYZ100) perps in Uruguay

2 venues open Nasdaq 100 (XYZ100) perps to traders in Uruguay.

Platform

Sign-up

Max lev

Taker fee

CanborsaSign up›

Browser Wallet Non-custodial

20x

0.07%

Hyperliquid

Browser Wallet Non-custodial

30x

0.045%

How to start trading Nasdaq 100 (XYZ100) from Uruguay

Four steps from sign-up to an open position.

01.

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

02.

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

03.

Open XYZ100-PERP

Pick XYZ100 in the markets list. The ticket shows the live price, the current funding rate and max leverage 20x .

XYZ100-PERPPerpetual · USDC marginLONG

04.

Choose Buy / Long, then set size and leverage

Buying $1,000 of XYZ100 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.

Position · PnLexamplePnL: $3,425.52|+53.6%

Tax note — Uruguay

Individual cryptocurrency gains in Uruguay are taxed at 12% under the IRPF personal income tax; businesses pay 25% IRAE.