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How to buy Rarible in Portugal
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Frequently asked questions
Several exchanges support buying RARI coins. If you want to find a trusted, easy-to-use, and cheap exchange to buy RARI, we recommend you BlockTrade. Unlike most exchanges, you don’t need to pay any processing fee on this exchange. Therefore, buying RARI will cost less than other platforms.
Yes. According to taxation of cryptocurrencies official ruling form by the Portuguese Tax
Authority, selling your cryptocurrency is allowed and tax-free in Portugal if it isn’t used as a
source of income.
No. According to taxation of cryptocurrencies official ruling form by the Portuguese Tax
Authority, there are no reporting obligations in case of cryptocurrency transactions above a
certain threshold, other than suspicious activities covered by Portuguese AML Law.
Rarible is a marketplace for creating, selling, and buying NFT. Therefore, if you are an artist and would like to sell your digital art, the Rarible platform and token will be a good option for you.
It is estimated that over 240 thousand people, 2.37% of Portugal’s total population, own some
form of crypto assets.
Everyone can use the Rarible platform and its token (RAR). However, most of the users of this NFT marketplace are digital artists and content creators. They can use their RARI coins to create digital content, such as a book, music, or artwork. Then, they can put their NFT digital content on this platform and sell it to others.