Buy Gnosis
in Ireland

GNO was released to the market in May 2017 with an initial price of $51.64. Very soon, it could rise to $322 in the same year. It was a wonderful investment for people who had bought this coin at its release. However, it didn’t last long, and the GNO price fell again. In 2018, it could set another record of $401.17. After that, it fell into a two-year recession and even reached its lowest price of $7. GNO started 2021 with a growth of $110 and reached the highest value of $579 at the end of the year. Although 2021 sounded amazing for GNO owners, 2022 had many fluctuations. This coin faced recession again and ended the year with a price of $85. 

GNO claimed to be a good investment several times. However, it seems that people need to be more patient about keeping this coin during its fall. But it is still a risky investment for newcomers to this world. Thus, they may need some help. One thing that can lead you to have a better decision about buying GNO is the price predictions that analysts and crypto experts forecast. Although these predictions are not %100 true, they can still help you have a brighter view of what may happen to this coin in the future. Most analysts believe that GNO price would go up even as high as $1400 by 2025. They also predict that the next ten years might be even better for GNO holders.

Gnosis is a decentralized prediction market network launched in January 2015. It is an Ethereum-based protocol for developers to run prediction market applications. People can generate, trade, and sell digital assets on this network. Apollo is the name of the Gnosis platform where users can do all these functions, which is accessible from the Gnosis website. Furthermore, the Gnosis protocol has the ability to create conditional tokens, which are a new asset class in this market. Then the users on this platform can trade conditional tokens and other digital assets using a decentralized market mechanism. Gnosis aims to provide an infrastructure for decentralized applications that can act as a prediction tool, information source and standard for the predictive asset.

Yes. According to a press release by the Director of Financial Regulation which was published
by the Central Bank of Ireland, blockchain and cryptographic technology have the potential to
bring significant benefits to the economy and to the users of financial services, since
cryptocurrency is being deployed in different situations and for various purposes such as
supporting smart contracts, engaging in payment services, investment activities or, as is often
the case, speculation.

Yes. According to the Irish Tax and Customs Agency (Revenue), if an Irish resident sells a
crypto asset and gains profit from it, any gain would be treated as capital gain and could be
subject to capital gains tax (currently 33%). According to the above-mentioned document, if an
Irish individual was carrying on a ‘trade’ of dealing in cryptocurrency, any profit on the selling of
crypto assets would be subject to income tax, the income tax rates can be up to 55% (including
universal social charge and social insurance). According to the above-mentioned Irish Tax
Agency reference, a trade in crypto-assets would be similar in nature to a trade in shares,
securities, or other assets. Where a person makes a trading profit or loss on crypto-asset
transactions this must be reflected in their accounts and will be taxable in accordance with
normal Income Tax rules.

GNO token is a governance coin, which means it can be used for voting inside the platform. GNO holders can vote on different subjects and may have the ability to change rules and regulations on this platform. The other benefit of GNO is creating smart contracts, which are very useful on the blockchain. Meanwhile, the main use of GNO is creating an OWL token. It is helpful for people who want to work on the Gnosis network and create decentralized applications. But if you are unfamiliar with this process, you will not need to use GNO coins to stake OWL tokens.

Most people see cryptocurrency as an investment. You can invest in GNO too. Since its price is not stable and changes from time to time, it has shown it could be a good investment in the past. However, no one can tell you if the investment in GNO will be profitable in the future. Therefore, you should be more aware of the crypto market if you want to invest in GNO.

Anyone. You are able to easily perform cryptocurrency transactions such as buying, selling,
holding and managing by the help of cryptocurrency exchanges in Ireland. There are also a
varying range of payment services available in Ireland for your cryptocurrency purchase
including: Apple pay, Google pay, Credit Card, Debit Card, Bank Transfer and PayPal which are
highly convenient and secure if your exchange allows these means. Our exchange presents
safe and fast cryptocurrency transactions by such service and is one of the cheapest exchanges
out there to buy cryptocurrency in Ireland, as we charge zero fees for all cryptocurrency
transactions.