Buy Ankr
in Hungary

ANKR debuted on the market in March 2019 and was trading at about $0.012. Prior to the price increase becoming more pronounced in August of 2020, prices grew gradually. ANKR reached its peak at $0.019 at that time. ANKR's value increased by 500% by the end of 2020 to $0.0084. The biggest change to date for ANKR came in 2021. By the end of January, prices had risen to $0.012 and in February, they quickly surpassed $0.02 and $0.03 as well. When Ankr's market cap first surpassed $1 billion in March, the growth became exponential. On March 28, 2021, ANKR reached an all-time high of $0.22, marking the peak of the rapid increase. Ankr's market cap was over $1.3 billion at that point. The first week of April saw a price retracement and a drop below $0.12, followed nine days later by a retesting of $0.21. ANKR was able to recover $0.18 by the end of the month despite experiencing a further pullback of more than 50% in the second half of April. This represented over 2,000 percent gains for the year as a whole.

According to some cryptocurrency experts, the price of Ankr is expected to range between $1.15 to $1.32 in 2030 with the average price of around $1.23. But keep in mind that this is not a buy signal or a financial advice. We suggest buying into the cryptocurrency market after doing some research and consulting a professional.

The history of the Ankr platform dates back to 2017. This platform aims to create an efficient blockchain framework that provides distributed cloud computing. In general, if we want to define the Ankr platform in a simple phrase, we can say that Ankr is a blockchain-based cloud infrastructure project. The purpose of blockchain infrastructures is to enable resource providers and end users to easily connect to blockchain technologies and DeFi applications. Ankr's proprietary cloud infrastructure operates independently of public providers and is powered by a distributed database to increase flexibility and stability.

Ankr uses blockchain technology as an essential part of the infrastructure to facilitate payments on the platform, measure globally distributed resources, process information from users or resource providers, and data center algorithmic suggestions through smart contracts.

According to the Finance Ministry of Hungary, investing, trading and mining cryptocurrencies are legal in Hungary. But note that a legal definition for cryptocurrencies is still developing. This means that cryptocurrencies are not an official form of legal tender yet. Legal tenders are anything recognized by law as a means to settle a public or private debt or meet a financial obligation. It is estimated that Hungarians own about 300 billion HUF (850 million EUR) worth of cryptocurrencies.

Yes. According to the new regulation of National Tax and Customs Administration (NAV), from 2022, 15% personal income tax will apply to cryptocurrencies. But note that you only need to pay taxes when you exchange your cryptocurrencies for traditional currencies such as euros. You do not have to pay tax for exchanging a cryptocurrency for another cryptocurrency. According to the new regulation mentioned above, investors can deduct their losses from their tax base. Also under the same regulation, you can have the option to deduct expenses related to trading from your tax base, such as fees of crypto exchanges. Although the new regulation will make the taxation of cryptocurrencies more transparent, Hungary still lacks detailed regulation on this topic.

The native utility and governance token of Ankr platform, ANKR, has many uses, including paying for goods and services within the Ankr ecosystem and staking to generate passive income. ANKR is a utility token with a variety of applications. In addition to its use for staking, it can be used for protocol and dApp deployment, as well as voting on governance proposals. ANKR also serves as a reward for network participants.

Every resident of Hungary can convert, buy, and sell cryptocurrencies with fiat. Some supported payment methods are: Bank Deposit and PayPal. Buying is pretty easy for residents of Hungary, choose our exchange, verify your ID, connect your payment method, and buy away.