Home / South Korea / Buy Elrond (EGLD) in South Korea
Buy
ELROND
in South Korea
Trusted by ELROND buyers, you can buy and trade ELROND in South Korea and 100+ countries on Blocktrade without any fees easily.

WHY BLOCKTRADE
Your entry to the world of crypto
Buy ELROND with Zero Fees
Buy and trade
ELROND in South Korea
with Blocktrade without
any trading fees
Wide range of cryptocurrencies
We offer a wide range
of cryptocurrencies
to buy in South Korea. Number increasing
as we’re adding new coins and tokens regularly.
Regulated
in the EU
Blocktrade is registered as VASP
with the Estonian Financial
Intelligence Unit and is fully
compliant with AML 5..
Learn More about buying EGLD in South Korea
How to buy ELROND in South Korea
Buy ELROND at your ease
Payment methods to buy ELROND in South Korea
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Debit Card

Bank Transfer
Credit Card
Debit Card

Bank Transfer
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Just 3 easy steps to your first investment in ELROND
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your account
Make your first
deposit
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investment journey
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FAQ
Frequently asked questions
You can buy ELDG from different exchanges. Blocktrade offers you zero processing fee, which makes it much more cost-effective to buy ELDG or other coins on this exchange. Furthermore, Blocktrade is a trusted exchange regulated in the EU.
In South Korea, the reporting of cryptocurrency tax is governed by the Income Tax Act and the
Corporate Tax Act. According to these laws, individuals and entities must report any gains or
profits from the sale or exchange of cryptocurrency as taxable income. To report cryptocurrency
tax in South Korea, individuals and entities must maintain accurate records of all cryptocurrency
transactions, including the date, amount, and type of cryptocurrency, as well as the price at the
time of the transaction. Then, calculate the gains or losses from each cryptocurrency transaction
by subtracting the cost of the cryptocurrency from the sales price and report any gains or profits
from the sale or exchange of cryptocurrency as taxable income.
Yes, you can cash out your cryptocurrency assets in South Korea by selling them for fiat
currency and then withdrawing the funds to your bank account or other payment methods. This
can be done through our cryptocurrency exchange.
The main structure of this platform was launched by the Mincu brothers and their friends. The major founders are Benjamin Mincu, a well-known blockchain engineer in Europe, and his brother Lucian Mincu who has experience in setting up complex technologies and infrastructures for the German government. This issue can easily determine his abilities.
South Korea is widely considered to be one of the largest and most active cryptocurrency
markets in the world, with a large number of individuals and entities owning and trading
cryptocurrencies such as Bitcoin and Ethereum. According to a survey conducted by the Bank
of Korea in 2019, around 5% of the population in South Korea owned cryptocurrency, while a
more recent survey conducted in 2021 found that the number had increased to around 7%. This
suggests that the ownership of cryptocurrency assets in South Korea is growing, as more
people become interested in and invest in the digital currency market.
The future of coins is not predictable. No one can tell you if ELDG will have a future or if it may lose on the way. But, since the network is trying its best to solve the problems of previous blockchains, it is possible that ELDG will still be in use in the future.