Buy Enjin Coin
in Brazil

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

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Learn More about buying ENJ in Brazil

How to buy Enjin Coin in Brazil

Is ENJ a good investment in Brazil?

Enjin is an IT company in Singapore that was founded in 2009. This company is one of the biggest gaming platforms. Enjin helps more than 20 million gamers create communities around their favorite games. Enjin Coin is a blockchain-based cryptocurrency designed to facilitate contracts in the video game industry. This platform is built on the Ethereum blockchain by Enjin. This video game community and platform enables the development and exchange of digital goods. The forum is broadly aimed at the decentralized video game industry and has been able to engage a lot with founders who are looking to get seriously involved in the video game industry. The Enjin ecosystem acts like a software through which users can develop and expand virtual products on the Ethereum network. Moreover, users can create digital assets for themselves and transfer it to other apps or games. These assets are even customizable. This ecosystem has a native cryptocurrency so that users can employ this token in order to use platform services. The name of this token is Enjin Coin (ENJ).

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What is Enjin Coin ?

The abbreviation symbol of a digital currency is the symbol by which the cryptocurrency is traded in the digital currency market. The abbreviation of Enjin Coin is ENJ, you can easily search this coin by typing this symbol in the cryptocurrency search bar on any exchange.

Read more about this coin on Enjin official website.

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Is Enjin Coin legal to buy in Brazil?

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.

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Is Enjin Coin taxed in Brazil

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.

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After you've bought Enjin Coin in Brazil

Generating blockchain assets with ENJ token has various benefits for creators and users, including: injecting a store of value into assets, ensuring transparency and scarcity, providing instant liquidity, application in games and apps, and anti-inflation. Enjin Coin allows users to manage and store virtual gaming products such as character accessories or in-game currencies. Users can also earn ENJ tokens by selling their NFTs. Enjin Coin is used as a currency to buy, sell and trade non-equivalent tokens. This currency is also used to create, manage and destroy in-game items. Developers can issue custom tokens, unique items, or reward tokens powered by Enjin Coin.

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Who can buy Enjin Coin in Brazil?

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.

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Buy Enjin Coin at your ease

Payment methods to buy Enjin Coin in Brazil

Credit Card

Debit Card

Bank Transfer

Credit Card

Debit Card

Bank Transfer

PayPal

Google Pay

Apple Pay

PayPal

Google Pay

Apple Pay

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Just 3 easy steps to your first investment in Enjin Coin

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FAQ

Frequently asked questions

The Enjin project has provided developers with the ability to build and manage virtual products on the Ethereum blockchain. The purpose of this platform is to manage items in games. Enjin has achieved this goal by reducing transaction fees, overcoming duplication and copying of content, and eliminating fraud. Millions of transactions are done monthly in the marketplace of this platform and by providing real ownership of virtual products to their holders, it has brought users a seamless experience of working with ENJ digital currency. In both the cryptocurrency and NFT industries, Enjin is a pioneering project. Enjin Coin is a cryptocurrency with a smart and promising future. It can dominate the cryptocurrency market as it rides the crypto wave, giving it a long reign as a form of payment.

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.

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.

Enjin Coin can be purchased for less than a dollar. In this situation, the minimum purchase quantity that your exchange permits will likely determine the minimum amount of Enjin Coin you can purchase. In our exchange, the smallest payments start at $10.

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.

The Enjin team has developed their own wallet in order to ensure user security. Enjin Wallet is a digital currency wallet with high security and simple user interface, developed for the safe keeping of your Enjin Coin assets. Enjin Wallet uses two layers of encryption to protect users’ data and a safe keyboard. In this wallet, special codes are considered to prevent the penetration of hackers through the breach of processors with ARM architecture. Therefore, ORU’s security team did not find any loopholes in this wallet that could allow hackers to steal users’ private keys and assets. Furthermore, Enjin Wallet supports Samsung Blockchain Keystore under Samsung’s Knox military-grade security system to protect private keys.

Trusted crypto platform in Brazil!