Buy Livepeer
in Cyprus

Livepeer Token (LPT) was released in 2018 with an initial price of $6.68. LPT price rose to $8 in June of the 2019. it was almost stable in 2020 with an average price of $2 to $3. 2021 was a surprising year for LPT owners because its price suddenly mounted to $40 in April. After many ups and downs, LPT reached its highest value of $101 in November 2021. But that only lasted one day, the LPT price started to fall again and finished the year with a value of $50. The price of LPT continued to fall in 2022, and the token ended the year at $6.8. 

LPT price had somehow been stable for most of the time. It had recorded the highest price of $101 and the lowest price of $0.57. Therefore, it was a good investment for a while. But, it is not clear if it will be as profitable as it was before. If you want to invest in the Livepeer token, checking the LPT price predictions will be helpful. However, you should also know that the predictions are not always true, and are only some expectations. Anyhow, most crypto analysts and experts believe that LPT will not have a surprising price change by 2025 when it might reach $60. It is also anticipated that LPT would reach $449 by 2030. Therefore, if the predictions become true, Livepeer could be a good investment.

Livepeer is an Ethereum-based network for video transcoding, released in 2018. The major reason for designing such a network was to reduce the costs that video streaming had before. Livepeer is a scalable Platform As-a-Service (PaaS) for startups or organizations to add live or on-demand videos more easily. It reformats videos so that anyone with any range of bandwidth or any device can see them without any problem. Therefore, Livepeer makes streaming more reliable and cost-effective. It can reduce the cost of video streaming by up to 50x compared to previous methods.

Yes, cryptocurrency is legal to buy in Cyprus. In Cyprus, the Cyprus Security and Exchange
Commission (CySec) has been designated as the competent supervisory authority for matters
relating to crypto asset regulations. CySec has issued its regulatory framework through which it
authorizes the trade, sell, buy, hold and many other cryptocurrency transactions. According to
this above-mentioned framework, Cyprus has embraced the use and trade of cryptocurrencies,
and the government has not placed any restrictions on buying or owning digital currencies.

Yes, cryptocurrency is taxed in Cyprus. The tax treatment of cryptocurrencies in Cyprus is
similar to that of other financial assets. Cryptocurrency is taxed in this country according to the
Income Tax Law, the Corporation Tax Law, and the Capital Gains Tax Law. These laws apply to
all forms of income, including income derived from cryptocurrencies, and set the rules for
taxation of profits from trading or investing in cryptocurrencies. According to the above-
mentioned Income Tax Law, income generated from trading or investing in cryptocurrencies is
subject to income tax. Also, if the trading or investment is considered personal, then the profits
are subject to personal income tax. According to the mentioned Corporation Tax Law, if the
trading or investment is considered a business activity, then the profits generated are subject to
corporate tax. The taxation of gains from the sale of cryptocurrencies, in accordance with the
mentioned Capital Gains Tax Law, is subject to capital gains tax in Cyprus. This tax applies to
profits made from the disposal of assets, including cryptocurrencies.
It's important to note that the exact tax treatment of cryptocurrencies may vary based on the
specific circumstances of each case, and it is recommended to seek the advice of a tax
professional for more information. Additionally, the tax laws in Cyprus and the way in which they
apply to cryptocurrencies may change over time, so it is advisable to stay informed of any
updates or changes.

LTP is mostly considered a rewarding coin that is used on the Livepeer network. People who want to stream a video on this platform can spend their coins on the network. In addition, LTP owners with more streaming videos will receive Ether or DAI rewards. Therefore, people can make money by using their LPT coins and streaming videos. LPT also has other uses, such as staking, trading, or voting. Therefore, LTP owners can also use their coins to vote to make changes on the network.

Without a doubt, one of the main reasons for buying coins is their probable investment profit. LPT is one of the popular coins that has shown it could be a profitable investment. Therefore, you can buy Livepeer Tokens from a trusted exchange like Blocktrade, keep them in a secure wallet and wait until their price rises. However, you should know that the future of cryptocurrencies is not predictable. Even if the price predictions of a coin show it will be profitable, any incident might change everything. Therefore, if you are a beginner in this world, it is recommended to invest as much as you can afford to lose. You can make an exit point for your investment to avoid any loss.

In Cyprus, anyone who is legally allowed to own and trade financial assets is able to buy
cryptocurrency. This includes citizens, residents, and non-residents. To buy cryptocurrency in
Cyprus, individuals typically need to open an account with a cryptocurrency exchange or broker
that operates in the country. Using an exchange as your cryptocurrency service provider would
be of most convenience. Our secure and trustworthy exchange platform provides a range of
convenient payment methods, including bank transfer, credit/debit card, PayPal, Google Pay,
and Apple Pay, to buy cryptocurrency in Cyprus. With our platform, you can purchase, sell, and
exchange digital tokens using the Euro. Our exchange operates within the bounds of the law
and doesn't have any extra transaction costs.