Buy Holo
in Belgium

Holo is a decentralized platform. Its main purpose is to create a space where everyone can host applications. The Holo platform allows people to install several different applications on their computers without the need for special hardware or software. The Holo blockchain plans to develop a platform that is a bridge between Holo users and the Internet. In addition, Holo cryptocurrency offers blockchain developers efficient and cheaper methods to build fully distributed web applications. HOT is the native token of the Holochain. It’s built on the Ethereum network and acts as a utility token for the Holo network. Users who offer computational power to the network are rewarded in HOT tokens. This cryptocurrency provides confirmation of transactions by reducing operational costs and speeding up the process.

Currently, all blockchain networks consume energy to some extent, but Holochain claims to be able to create methods that are environmentally friendly and do not consume a lot of energy. Since the nodes in this network do not confirm all the data, they have less bandwidth and as a result less energy consumption. Also, the electricity consumed in this network is optimized through environmentally friendly approaches.

The symbol of a digital currency is the symbol by which the cryptocurrency is traded in the digital currency market. Holo with the symbol HOT is a digital currency created on the basis of the Holo Chain blockchain.

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%.

Network users who use Holo to rent computing power to other users for hosting apps can earn HOT in exchange for their rental services. This allows Holochain’s mutual-credit accounting system to process billions of microtransactions every day. HOT coins can be used as the primary payment method on the network. HOT coins can be held as an investment or traded in the active cryptocurrency market for a profit.

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.