Buy ELROND
in Canada

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

Canada

WHY BLOCKTRADE

Your entry to the world of crypto

Buy ELROND with Zero Fees

Buy and trade
ELROND in Canada
with Blocktrade without
any trading fees

Wide range of cryptocurrencies

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

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in the EU

Blocktrade is registered as VASP
with the Estonian Financial
Intelligence Unit and is fully
compliant with AML 5..

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How to buy ELROND in Canada

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Payment methods to buy ELROND in Canada

Credit Card

Debit Card

Bank Transfer

Credit Card

Debit Card

Bank Transfer

PayPal

Google Pay

Apple Pay

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Apple Pay

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Just 3 easy steps to your first investment in ELROND

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your account

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deposit

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investment journey

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FAQ

Frequently asked questions

Where to buy ELDG?

You can buy ELDG from different exchanges. Blocktrade offers you zero processing fee, which makes it much more cost-effective to buy ELDG or other coins on this exchange. Furthermore, Blocktrade is a trusted exchange regulated in the EU.

Should I pay tax if I buy crypto in Canada?

According to the CRA tax guide, you're not taxed when you buy crypto with fiat, like Canadian Dollars. This said, even though you don't pay tax, it's still really important you keep good records of your crypto transactions so you can keep a detailed account of your cost basis. This lets you calculate accurate crypto gains and losses when you later dispose of your crypto assets. But note that according to the above-mentioned tax guide, buying crypto with another crypto is subject to Capital Gains Tax. The CRA views this as a disposition, meaning you're getting rid of one asset. It doesn't matter that you're using it to buy another.

Should I pay tax if I sell crypto in Canada?

According to the CRA tax guideline, since cryptocurrency is viewed as a capital asset, when you dispose of it by selling it, swapping it, spending it or gifting it, you'll owe Capital Gains Tax on any profit you make. Crypto transactions which are considered a disposition in Canada according to the CRA include: Selling crypto for CAD, swapping crypto for another crypto, spending crypto on goods or services, gifting crypto. According to the mentioned guideline, you won't pay Capital Gains Tax on the entire proceeds when you sell, swap, spend or gift your cryptocurrency, but only the profits from it. Also note that you'll only pay Capital Gains Tax on half your net capital gain each financial year in Canada.

Who is the founder of Elrond Network?

The main structure of this platform was launched by the Mincu brothers and their friends. The major founders are Benjamin Mincu, a well-known blockchain engineer in Europe, and his brother Lucian Mincu who has experience in setting up complex technologies and infrastructures for the German government. This issue can easily determine his abilities.

What should I declare in my tax report in Canada?

According to the CRA tax guide, you should maintain the following records on your cryptocurrency transactions: the date of the transactions, the receipts of purchase or transfer of cryptocurrency, the value of the cryptocurrency in Canadian dollars at the time of the transaction, the digital wallet records and cryptocurrency addresses, a description of the transaction and the other party (even if it is just their cryptocurrency address), the exchange records, accounting and legal costs, the software costs related to managing your tax affairs.

Does ELDG have a future?

The future of coins is not predictable. No one can tell you if ELDG will have a future or if it may lose on the way. But, since the network is trying its best to solve the problems of previous blockchains, it is possible that ELDG will still be in use in the future.

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