Buy Cosmos
in Belgium

Cosmos, which is introduced as "Blockchain Internet", tries to bring different blockchains together in one unit and from the very beginning solve several main problems that plague this technology. ATOM is the core cryptocurrency on top of the Cosmos platform, which is designed to facilitate communication, scaling and collaboration between independent blockchains. The projects launched in the Cosmos network allow the exchange of their tokens as well.

In addition, Cosmos presents itself as a set of tools, with its modular and adaptable features, available to developers who are ready to start working on the decentralization of the Internet and related financial infrastructure. In other words, Cosmos, known by its founding team as the Internet of Blockchain, aims to create a cryptographic network united by open-source tools to simplify transactions between them. It is this focus on customization and interoperability that sets Cosmos apart from other projects.

The native staking token for Cosmos platform is called ATOM. This currency forms the foundation of the token economy of the Cosmos network. The ATOM symbol is widely and commonly used on exchanges in order to address the Cosmos currency. You can easily find information about this cryptocurrency by searching its symbol, ATOM.

Yes. According to the press release by Belgium’s Financial Services and Markets Authority (FSMA) and the National Bank of Belgium (NBB), and the definition of virtual money offered by FSMA, cryptocurrencies are popular digital investments that can be traded and sometimes can be used as means of payments but since they are not recognized as legal tender, they are not widely accepted like money. According to the mentioned press release, FMA and NBB state that crypto currencies can be bought and sold like assets and stock.

Yes. According to the Belgian Tax Code cryptocurrency gains are either subject to professional income tax (in accordance to Article 23 of Income Tax Code) or miscellaneous income (Article 90, 1° of Income Tax Code).

According to the Article 23 of above-mentioned Income Tax Code, if a person's professional occupation is trading cryptocurrencies, the profits generated from this occupation will be taxed as professional income, and will therefore be subject to the progressive tax rates that range between 25 and 50 percent in Belgium.

According to the Article 90, 1° of above-mentioned Income Tax Code, if a Belgian individual earns gains on cryptocurrency transactions not as a professional activity, they will benefit from a tax exemption on those gains, but only on condition that the transaction is realized within the boundaries of the normal management of their private wealth. According to the same Article 90, 1° of Income Tax Code, if an individual makes transactions in a very short timeframe by repeatedly selling at a high point and buying at a low point, they will be accounted as a trader. The trader is not engaged professionally, but these types of transactions will fall outside the normal management of private assets and are accounted as speculative capital gains and will be taxed at a flat rate of 33%.

ATOM has three main use cases: A spam-prevention system, a voting system for governance, and staking. Users can “stake” their ATOMs (lock them up in a smart contract for a period of time) to earn rewards. “Staking” is similar to investing money earning a return on investment. The process is similar to depositing cash into a bank account to generate interest over time. Stakers earn the rewards for their work securing the network.

Anyone. Owning cryptocurrency is possible in Belgium by the assistance of different cryptocurrency exchanges. You can use several payment services accessible in Belgium in order to buy, trade, sell and manage your crypto assets. Such services include Apple pay, Google pay, Credit Card, Debit Card, Bank Transfer and PayPal. But note that for you to be able to use these services, your chosen exchange must offer payment through these services. Our exchange provides fast and secure transactions by the mentioned services and is free of charge for crypto transactions in Belgium.