Buy Sandbox
in Monaco

The SAND token was released in August 2020 with an initial price of $0.065. In 2021, it slowly started to grow and set a record for its highest price in the same year and mounted to $7.49 per token in August 2021. After that, it faced many ups and downs until it fell to $0.73 in June 2022 and ended the year with a value of $0.44. 

The history of the SAND token shows it could be a good investment if you buy it at the right time. But how to find out if it is the right time to invest in this token? There is no exact rule that can tell you investing in SAND crypto will be profitable to you because the cryptocurrency world is volatile, and nothing is predictable. But analysts and crypto experts can give you hints about the possible future of this coin. Most of them believe that the SAND price might go up to $2.52 by 2025 and would reach $4 by 2030. However, you should still know that these are just predictions. Just check SAND’s price of the day and read more reviews about its future, then decide on buying SAND tokens as an investment.

The Sandbox is a gaming company launched in 2011. It upgraded several times and turned into a decentralized platform based on blockchain. The main goal of this platform is to mix blockchain and the gaming world so people can earn tokens in the metaverse gaming ecosystem. Users can create, own, or sell their gaming experiences or assets using SAND tokens. Furthermore, different gaming models are available on the Sandbox; by using the play-to-earn model, they can earn SAND tokens on this platform. The other option that the Sandbox platform has is free games. Therefore, people can only play games on this platform or unlock the advanced games using their SAND tokens.

Yes, cryptocurrency is legal to buy in Monaco, and the regulations surrounding its use are
largely in line with those of other countries in the European Union (EU) as Monaco is a member
of the EU customs territory and is required to comply with EU regulations and directives.
According to EU’s amending directive, individuals and legal entities are allowed to buy, sell, and
trade cryptocurrency as long as they comply with the same anti-money laundering (AML) and
know-your-customer (KYC) requirements as traditional financial institutions. In addition, the
government of Monaco has passed Bill No.1009 according to which, the government of Monaco
is working on the creation of a legal framework to regulate initial coin offerings (ICOs) and other
token offerings in Monaco; and to protect investors, while also promoting the growth of the
blockchain and cryptocurrency industries in the country.
In summary, the government of Monaco is supportive of cryptocurrency and blockchain
technology, and is working to create a favorable regulatory environment for these industries,
while also taking steps to ensure the security and stability of its financial system.

Yes, cryptocurrency is taxed in Monaco. In Monaco, cryptocurrency is taxed according to the
Tax Code of Monaco (Code des Impôts). The Tax Code sets out the general rules for taxation in
the country, including the taxation of cryptocurrency transactions but the specific rules for the
taxation of cryptocurrency transactions in Monaco will depend on the type of transaction and the
individual's tax bracket. For example, according to the above-mentioned Tax Code, individuals
in Monaco may be required to pay capital gains tax on profits from the sale of cryptocurrency.
This tax will depend on the individual's tax bracket and the amount of profit made from the sale.
In accordance with the same Tax Code mentioned earlier, cryptocurrency transactions may be
subject to value-added tax (VAT) in some cases. For example, the sale of goods or services for
cryptocurrency may be subject to VAT in the same way as a sale made in fiat currency.
It's important to note that tax laws and regulations surrounding cryptocurrency are constantly
evolving, and it's a good idea to stay up to date on the latest developments and to consult with a
tax professional for guidance on specific transactions or questions.

The SAND coin is a governance token. Therefore, the main use of this token is on its own network. The SAND holders can use their coins to decide on various projects, upgrade the network, or change regulations. Therefore, this coin is their power on the Sandbox platform. It even gets more powerful for gamers. They can use their tokens to buy or create something on the Metaverse. Then, they even can sell or tokenize their assets on this world and earn money, which is paid with the SAND tokens. Therefore, they can have fun by playing games; at the same time, start a business and earn money.

You can also hold the SAND coin in a secure wallet and keep it as an investment. It is required for you to read its whitepaper, follow top investors on social media, and read every news about this crypto. Knowing the SAND price prediction can also help you decide if you want to have a short-term or long-term investment. However, it’s all up to you to decide when to buy and when to sell your coins but always keep an eye on the crypto market to not miss the right time to sell. Furthermore, if you are a beginner in this world, it is better to start with limited capital. Thus, if your investment doesn’t go as well as you thought, you don’t lose much money.

In Monaco, anyone can buy cryptocurrency as long as they are of legal age and meet the
necessary requirements, such as identity verification and compliance with anti-money
laundering (AML) and know-your-customer (KYC) regulations. There are several ways to buy
cryptocurrency in Monaco, like over-the-counter (OTC) brokers, or direct purchases; but the
most convenient and easy method would be to purchase your cryptocurrency tokens in Monaco
through an exchange. For this matter, our exchange provides a secure and reliable option for
individuals looking to buy cryptocurrency in Monaco.The platform operates within legal bounds
and offers a variety of convenient payment methods, including Apple Pay, Google Pay, credit or
debit cards, bank transfer, and PayPal, without any transaction fees.