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How to buy Loopring in Poland
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Frequently asked questions
The Loopring coin (LRC) is available on most exchanges. You can also buy this crypto from the Loopring
exchange itself. However, it would be a good option if you purchase this coin on a more affordable
exchange like Blocktrade. Since you don’t need to pay any processing fee on this platform, it would be
more cost-effective for you to buy LRC on Blocktrade.
Yes. You can easily sell your crypto assets by the help of exchanges in Poland. Also note that
according to the details of settlement of Personal Income Tax by the Polish Government, your
annual tax return should include your sale records of cryptocurrencies in a given year.
Yes. Buying cryptocurrency is possible through the exchanges in Poland. Yet note that
according to the details of settlement of Personal Income Tax by the Polish Government, the tax
return should be filed even if you only bought cryptocurrencies.
The loopring is a Chinese-based company founded by a software developer called Daniel Wang.
However, the Loopring protocol was registered in Singapore.
It is estimated that over 900 thousand people, 2.50% of Poland’s total population, currently own
Loopring is a protocol that makes it possible for its users to create their own exchanges on this network.