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Frequently asked questions
If you want to keep XLM as an investment, you need to know that XLM can be a good long-term investment. It is not recommended to think about a short-term profit while buying this coin.
According to the same regulation of the National Tax and Customs Administration mentioned earlier, those who pay taxes according to Hungarian law are subject to the Hungarian cryptocurrency tax. The point of taxation starts from the moment of conversion of cryptocurrency into FIAT currency; However crypto-to-crypto exchange is tax-free. Note that even if you don’t have to pay tax on your cryptocurrency, it is still worth declaring this in your tax report.
According to the official tax regulation, there is also a small amount of income that Hungary doesn’t tax at all. The tax-free limit is ten percent of the current monthly gross minimum wage per day. That means a maximum of about 20,000 HUF per day. This tax-free amount is suitable for attracting beginner crypto investors.
No, the minimum amount of Stellar XLM you should have in your account is 1 XLM. You can’t activate any wallet without 1 XLM.
The crypto ATMs are everywhere in the country in cities like: Békéscsaba, Budapest, Debrecen, Győr, Kecskemét, Miskolc, Pécs, Sopron, Szeged and Szombathely. But our exchange authorizes fast and secure transactions through different means such as Apple pay, Google pay, Credit Card, Debit Card, Bank Transfer and PayPal. The better news is that there is no exchange fee applied by using our services.
Different analysts have predicted the future of XLM up to 2030. They have positive opinions about the future of this coin. Some even believe that the price of XLM will reach $10 by 2030.