How to Trade Zcash (ZEC) in Belgium

From Belgium, exposure to Zcash runs through a USDC-settled perpetual.

Is Zcash trading legal in Belgium?

Belgium is the strictest of the large EU markets on this pair of questions, and the gap between the two answers is wider here than almost anywhere. Spot crypto itself is legal: MiCA has applied since 30 December 2024, the FSMA runs the crypto-asset framework, and since 1 July 2026 any crypto-asset service provider must hold a MiCA authorisation or stop offering services in Europe - the national transitional regime ran out on 30 June 2026.

Leveraged derivatives are a different matter entirely. Since 18 August 2016 the FSMA Regulation approved by Royal Decree has banned distribution to consumers, over electronic trading platforms, of binary options, sub-one-hour derivatives and leveraged derivatives including CFDs and rolling spot forex - and it sits on top of an earlier ban on distributing financial products whose underlying is a virtual currency.

What the contract is

A perpetual on ZEC tracks price and does not confer ownership of the underlying — the same contract mechanics apply in every jurisdiction; what differs by country is legal status and funding rails.

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 ZEC-PERP

Pick ZEC in the markets list. The ticket shows the live price, the current funding rate and max leverage 10x .

ZEC-PERPPerpetual · USDC marginLONG

Choose Buy / Long, then set size and leverage

Buying $1,000 of ZEC 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.

Private investors in Belgium pay a 10% tax on capital gains from crypto.

Trading ZEC from Belgium: legal.

Financial Services and Markets Authority (FSMA).

The Law of 18 September 2017 requires obliged organizations in Belgium to implement customer due diligence, including identity verification, to prevent money laundering and terrorist financing, with no exemption from that obligation.

Belgium residents can trade Zcash on 20 platforms, including Aevo, ApeX and Aster.

Canborsa offers up to 10x leverage on Zcash for traders based in Belgium.