Buy Compound
in Brazil

Trusted by Compound buyers, you can buy and trade Compound in Brazil and 100+ countries on Blocktrade without any fees easily. 

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WHY BLOCKTRADE

Your entry to the world of crypto

Buy Compound with Zero Fees

Buy and trade
Compound in Brazil
with Blocktrade without
any trading fees

Wide range of cryptocurrencies

We offer a wide range
of cryptocurrencies
to buy in Brazil. Number increasing as we’re adding new coins and tokens regularly.

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in the EU

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with the Estonian Financial
Intelligence Unit and is fully
compliant with AML 5..

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How to buy Compound in Brazil

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Payment methods to buy Compound in Brazil

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Just 3 easy steps to your first investment in Compound

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FAQ

Frequently asked questions

Is Compound worth buying?

Compound (COMP) is a token that has gained significant popularity and usefulness in recent years. It aims to address problems in the cryptocurrency industry, such as high transaction costs and lack of transparency or limited liquidity. Compound is also one of the best-known projects in the DeFi market. With DeFi lending growing in popularity due to their efficiency and profitability, the future of COMP might also be heading toward a huge increase in demand. Please note that this is by no means a buying signal or a financial advice.

How to report cryptocurrency tax in Brazil?

In Brazil, cryptocurrency transactions must be reported for tax purposes. You need to keep
detailed records of all your cryptocurrency transactions, including the date, amount, and type of

transaction. Then, determine your capital gains and calculate it by subtracting the cost basis
(the price you paid for the cryptocurrency) from the sale price. Next, file an annual tax return by
reporting your capital gains from cryptocurrency transactions on your annual tax return
(Declaração de Imposto de Renda). After that, you should declare cryptocurrency holdings, if
you hold cryptocurrency with a total value exceeding R$35,000 ($6,500) at the end of a given
month, you are required to declare your holdings to the Federal Revenue Service. If you have a
taxable capital gain from cryptocurrency transactions, you must pay the appropriate taxes to the
Brazilian government.
Also, it is recommended to consult a tax professional or financial advisor if you have further
questions or concerns about the tax implications of your cryptocurrency transactions in Brazil.

Can I Cash out my cryptocurrency assets in Brazil?

Yes, you can exchange your cryptocurrency into cash in Brazil. The most common and
convenient way to exchange your cryptocurrency into cash in Brazil is through a cryptocurrency
exchange like ours. All you need to do is to transfer your cryptocurrency to our exchange by
sending it from your digital wallet to the exchange's wallet address (you don’t need to do this if
you are already using our exchange’s internal wallet). Then, you can sell your cryptocurrency
assets for Euros. Finally, you can withdraw the cash from our exchange to your bank account.
Also, it is worth mentioning that all your trading transactions are free of transaction fee charge
within our exchange.

What is the minimum amount to buy Compound ?

On our platform, the minimum amount required to buy COMP cryptocurrency is as low as $10. You are provided with different payment options to make the purchase. Once the transaction is successful, the acquired COMP units will be reflected in your cryptocurrency account. Also, our exchange charges no transaction fees for your COMP purchase.

How many people own crypto assets in Brazil?

The exact number of people in Brazil who own crypto assets is not publicly available. However,
it is estimated that over 10 million people, 4.9% of Brazil's total population, currently own some
kind of cryptocurrency assets. According to some studies and reports, the number of people in
Brazil investing in cryptocurrencies has been growing in recent years, driven by factors such as
increasing awareness and adoption, market performance, and investment opportunities.

How to keep your Compound investment safe?

Most cryptocurrency holders are always concerned about how to keep their digital assets safe and secure. Therefore, one of the first necessary measures to enter the field of digital currencies and invest in cryptocurrencies is choosing the method of keeping digital currencies. Hardware wallets are one of the best and safest ways to store digital currencies. This method is especially recommended for people who have a lot of digital assets and want to invest and deposit them for a long time. But this method is costly; Because hardware wallets have a high cost and some users do not want to pay this much for a wallet. Another option is to use a software wallet, which is a digital wallet that you can have on your PC or cellphone. Also, in order to make trading for COMP cryptocurrency more convenient and simpler, our platform offers a secure digital wallet with additional functionality and easy access to various trading options.

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