Buy ELROND
in Brazil

EGLD was officially released to the market in July 2020 with an initial price of $9.4. It didn’t have much value until 2021 when it suddenly reached $195.9. It was great news for ELDG owners because their investment was highly profitable in less than a year. This token had many ups and downs in 2021. It could even set a record for the highest price for the second time in one year at a value of $490. It sounded like ELDG would have more surprises on the way. But that didn’t happen, and ELDG ended the year with a price of $24.5. This coin also didn’t have a great year in 2022 because it started to drop until it reached $33 at the end of the year. 

The good days of the ELDG coin sound surprising to everyone because that’s how beneficial they like their investment to be. However, no one can ensure that their investment will be profitable because of the risky world of the cryptocurrency market. But it is recommended to check ELDG price forecasts to see the probable future of this token. However, you should still know that predictions are not guaranteed. They are just some probabilities based on the coin's analysis. Crypto experts and analysts have predicted growth in this token’s future. They believe that the ELDG price might reach $255 by 2028 and if everything goes well, it could rise to $340 by 2030.

Elrond is a decentralized blockchain network launched in 2017. The main idea behind founding this network was to increase the sustainability of the blockchain. Therefore, Elrons is one of the most successful examples of an energy-efficient blockchain network. It has implemented a technology to improve the speed of block verification and information processing. Furthermore, one thing that distinguishes this network from similar ones is the support of smart contracts and decentralized apps, which are very popular these days.

Yes, it is legal to buy and own cryptocurrencies in Brazil. According to a publication by the
Central Bank of Brazil on the Distributed Ledger Technologies, the benefits of the application of
blockchains is mentioned and the use of blockchain technology is stated as valuable for the
creation of decentralized payment systems, particularly in the form of cryptocurrencies. It is also
stated in the above-mentioned article that cryptography and consensus systems are applicable
to this digital representation of real world assets, as in payment systems.

Yes. In Brazil, the taxation of cryptocurrency is governed by the federal tax law contained in the
Brazilian Tax Code (Lei n° 5.172/1966) and by additional regulations issued by the Brazilian
Federal Revenue Service. The specific provisions regarding the taxation of cryptocurrency can
be found in Normative Instruction (IN) 1.888/2019 issued by the Federal Revenue Service. This
instruction sets out the rules and procedures for the taxation of cryptocurrency transactions in
Brazil, including the treatment of capital gains, the reporting of cryptocurrency transactions, and
the determination of tax liability.
According to the above-mentioned taxation laws, cryptocurrency is taxed as a financial asset.
This means that any capital gains made from the sale or exchange of cryptocurrencies are
subject to a 15% taxation rate. If the holding period of the cryptocurrency is less than 365 days,
the gains are considered short term and are taxed as ordinary income. If the holding period is
longer than 365 days, the gains are considered long-term and are taxed at a more favorable
rate. In addition, cryptocurrency transactions that exceed a value of R$35,000 ($6,500) in a
given month are subject to a tax reporting obligation. but please note that the regulations are
always subject to change and it is recommended to consult tax experts in order to receive up to
date information.

ELDG is a governance token. It means it is mainly used on its network to give power to its owners. ELDG holders can participate in different elections on this network. They can vote to change regulations or accept a new project. Therefore, somehow the ELDG owners can impact the future value of this token and its network because it is they who vote and suggest projects and have power on this network.

On the other hand, most people buy cryptocurrency because they seem so profitable. ELDG can be kept as an investment too. In the past, it has been shown several times that it could be a good investment. However, no one can guarantee the future of a cryptocurrency based on its past. Therefore, if you want to buy ELDG as an investment, we recommend you to read the news about this network, its investors, the projects it accepts, and the price predictions that the experts' analysis. In the end, if you are a beginner in this world, it is better to start with a limited amount of money to invest to avoid any loss.

In Brazil, anyone can buy and own cryptocurrencies, including individuals, companies, and legal
entities. There are no restrictions or limitations on who can purchase cryptocurrencies. In Brazil,
there are also Over-the-counter (OTC) providers who sell you crypto currencies but you should
know that the most popular and convenient way to buy cryptocurrency in Brazil is through a
cryptocurrency exchange. On this note, our exchange is one of the most secure service
providers when it comes to buying crypto assets in Brazil. In such a circumstance, our exchange
is a reliable and secure option for purchasing cryptocurrency in Brazil. It operates legally and
provides a variety of well-known and quick payment methods, such as Apple Pay, Google Pay,
credit card, debit card, bank transfer, and PayPal, with no transaction fees for cost-
effectiveness.