Buy Algorand
in Poland

Algorand is a decentralized blockchain network. The main idea behind Algorand is to combine the features of mainstream cryptocurrencies such as decentralization and creation of easily divisible tokens. Along with these features, the speed of processing more transactions and decreasing computing power needed to implement the network, were considered by the Algorand team.One of the things that distinguishes Algorand from other projects is the use of the Proof of Stake mechanism. With proof of stake, new transactions and blocks can be created and processed faster and more efficiently. According to the network's developers, this process allows Algorand's blockchain to be universal, decentralized and secure.

One of Algorand's main areas of development is DeFi, or decentralized finance, which supports smart contracts and digital assets. Algorand can host smart contracts that can govern the exchange of digital assets in order to become the digital representation of real-world asset trading.

ALGO is the symbol by which the Algorand cryptocurrency is traded in the cryptocurrency market. It is the local currency of the Algorand blockchain and the symbol through which you can find information related to Algorand cryptocurrency on exchanges.

Yes. According to an official statement by the Polish Financial Supervision Authority (KNF)
which was published to clarify the status of cryptocurrency activities and trading, the authorities
of KNF stated that exchange in cryptocurrencies, as well as trading in cryptocurrencies are not
prohibited and is therefore legal in Poland. The KNF office also warned entities operating in the
cryptocurrency space that they will have to abide by anti-money laundering and terrorism
financing rules.

Yes. According to the details of settlement of Personal Income Tax by the Polish Government,
in line with the Article 30B(1A) of the Income Tax Act, gains from selling virtual currencies are
classified as revenue from property rights and are subject to 19% rate taxation under the Polish
Personal Income Tax Act. According to the above-mentioned settlement, transactions resulting
in the creation of tax revenues are (1) exchange of a virtual currency into a legal tender (fiat
currency), (2) payment of virtual currency for a good, service or property, where this property
rights do not have the form of a virtual currency.

By owning Algorand’s currency you would be able to: pay for transactions, purchase on-chain items such as NFTs, purchase goods and services, participate in DeFi as an investor, participate in governance, and earn rewards, secure proof-of-stake protocol among participation nodes, and even invest in order to gain profits.

Anyone. The choices are endless in Poland, including crypto ATMs, over-the-counter brokers,
P2P marketplaces and the easiest of them all, crypto exchanges. All you need to do is create an
account, meet the conditions required to start trading, and start your crypto transactions. With
the help of an exchange and the many payment services that are accessible in Poland you can
purchase crypto assets easily. Such payment services include: Apple pay, Google pay, Credit
Card, Debit Card, Bank Transfer and PayPal. Our exchange supports all of the mentioned
payment methods and provides you with quick, secure and free of charge cryptocurrency
transactions in Poland.