Buy Matic
in Italy

MATIC coins can be used as a payment, especially in games or purchasing NFTs. Furthermore, MATIC coin owners can stake matic tokens to vote for an upgrade to the network.

Your crypto taxes should be reported in your personal tax return where you also report ordinary income from employment. According to Agenzia Entrate, a tax return must be submitted every year, by the following deadlines: 30 September and 30 November of the year following the tax year.

First, calculate your capital gains and income for all transactions during the tax year. Then, report your crypto taxes in your personal tax return before the deadline in the following year. You must file your tax form online via the dedicated website of Italy’s tax office. If you have further questions about how to file your taxes, we recommend contacting Agenzia Entrate or a tax advisor in Italy directly.

Many experts and crypto investors are optimistic about the future of MATIC. Although nothing will be 100% guaranteed., it is believed that MATIC can be a good long-term investment.

As a general rule, you should keep records of the following details for each transaction as a minimum: the date of the transaction, the cryptocurrencies involved in the transaction, the type of transaction, how much was bought, sold, or exchanged, the value of the cryptocurrency in euro at the time of the transaction, exchange records and other similar cases.

New protocols were added to the Polygon network, and more users started buying it. High-speed transactions and low transaction fees are other reasons why Polygon became popular among investors.