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Bangladesh · SPY

Can you buy the S&P 500 as a token in Bangladesh?

Short answer: no. SPYx, the token sold on Pump.fun and Kraken, isn't offered to people living in Bangladesh. Here's why, and what you can do instead.

Updated

Why you can't buy it here

Because of Bangladesh's own rules on crypto platforms, we don't list Pump.fun or any other app here.

What you can do instead

  • Bangladesh's own rules ban buying crypto, so tokens aren't an option. Ask a locally licensed broker or your bank whether there's an approved way for residents to invest in US shares.
  • Please don't use a VPN or someone else's account to get around this.

About the S&P 500

The S&P 500 is an index of about 500 of the biggest US listed companies, from Apple and Nvidia to banks and supermarkets. SPY, run by State Street, is the oldest US fund that tracks it, so one share gives you a small slice of all of them.

Other ways to get exposure to the S&P 500

Good to know in Bangladesh

  • Bangladesh Bank has warned the public against dealing in crypto. Check its current position before using any crypto app.
  • Foreign-exchange rules limit how money can be sent abroad.
  • Gains may be taxable. A local tax adviser can tell you how.

Who regulates this

Full guide for Bangladesh

Questions people ask

Can I buy SPYx in Bangladesh?

No. Because of Bangladesh's own rules on crypto platforms, we don't list Pump.fun or any other app here.

Can I use a VPN to get around it?

Please don't. Getting around location blocks, sanctions or ID checks breaks the app's rules, can get your money frozen, and may be illegal.

What can I do instead?

Bangladesh's own rules ban buying crypto, so tokens aren't an option. Ask a locally licensed broker or your bank whether there's an approved way for residents to invest in US shares.

Other stocks in Bangladesh

Buying the S&P 500 from somewhere else?

Sources (11)
  1. 1.
    SPDR S&P 500 ETF Trust (SPY) fund page

    State Street Global Advisors · official

  2. 2.
    S&P 500 index page

    S&P Dow Jones Indices · official

  3. 3.
  4. 4.
    Bangladesh Securities and Exchange Commission

    Bangladesh Securities and Exchange Commission · regulator

  5. 5.
    Bangladesh Bank

    Bangladesh Bank · regulator

  6. 6.
  7. 7.
    Pump.fun Fees page

    Pump.fun · platform

  8. 8.
  9. 9.
    xStocks partner FAQ

    xStocks · official

  10. 10.
    FE Circular 24 (2022) on virtual assets

    Bangladesh Bank · regulator

  11. 11.

Last updated .