Buy TRON
in South Korea

Tron (TRX) is one of the digital currencies that has been very profitable for its investors over the years, especially those who have entered the currency market for the first time. In 2017, Tron was released in the market at a price of $0.002. In January 2018, the price of each unit of Tron reached $0.028. This means that Tron has grown by more than 10,000% in one month. In 2018, due to the downward trend of all currencies, Tron also found a downward trend. But it still had one of the best performances among other currencies in terms of price. The price fluctuated a little bit over the following three months before experiencing another uptick at the end of April 2018 when TRX doubled in less than two weeks. The price changes over the ensuing two years weren't as eventful as earlier ones. The price of TRX started to increase at the beginning of 2021 and, for the first time in nearly three years, it broke through $0.06. Even though the current crypto market is going through a fluctuating pattern, some crypto market professionals have predicted that TRX would reach $0.15 in 2025 and will be traded for at least $1.37 in 2030. Still, keep in mind that this is not a buying signal. We recommend entering the crypto market after examinations and receiving consultancy from experts.

Tron is a kind of decentralized entertainment system and content sharing platform that works using blockchain technology and peer to peer network. This protocol allows all users to publish, store and own data and content in a completely free, decentralized and automatic way. You can consider Tron as the next generation of social networks that you can use to create content and share it with other people anywhere in the world. The TRON protocol is among the largest blockchain-based operating systems in the world. This network is highly scalable and has high throughput. One of the contents produced by Tron is decentralized applications (dApps). Tron is able to support a wide range of decentralized applications in its network. People who are fans of social networks, games and other online entertainment will surely enjoy the efficiency of the Tron network in the future. In fact, using the Tron network, users can create decentralized applications and programs for these entertainment purposes.

Blockchain Tron has the capacity to perform 2000 transactions per second with zero fees. While in Bitcoin and Ethereum blockchain, this capacity reaches 7 and 15 transactions per second. In May 2019, Tron was able to reach Bitcoin's ten-year performance in 319 days. In order to achieve its goals, in July 2018, Tron acquired BitTorrent, the world's largest data sharing platform.

Yes, cryptocurrency is legal to buy in South Korea. The South Korean government has taken a
cautious but supportive approach to the development of the cryptocurrency industry, and has
implemented a number of regulations to promote the growth of the sector while protecting
consumers and investors. The legality of trading cryptocurrency in South Korea is governed by
the Virtual Currency Act. The mentioned act defines virtual currency as a type of electronic
asset that can be used as a medium of exchange, but does not have legal tender status.
According to the same act, in South Korea, individuals and businesses can legally buy, sell,
trade, and hold cryptocurrencies such as Bitcoin, Ethereum, and others. However, the use of
cryptocurrency as a means of payment for goods and services is still limited.
It is important to keep up to date with the latest developments and regulations in the
cryptocurrency sector in South Korea, as the legal and regulatory framework for cryptocurrency
may change over time.

Yes. According to the the Virtual Currency Act, in South Korea, cryptocurrency is taxed as
income under the Income Tax Act and the Corporate Tax Act. According to these laws, profits
derived from the sale or exchange of cryptocurrency are considered taxable income and are
subject to both personal income tax and corporate income tax. The tax treatment of
cryptocurrency in South Korea depends on the individual's or company's status and the purpose
of the transaction. For individuals, cryptocurrency gains are taxed at a flat rate of 20% for short-
term gains (held for one year or less) and a graduated rate for long-term gains (held for more
than one year). For companies, cryptocurrency gains are subject to corporate income tax at the
standard corporate tax rate.
It is important to note that individuals and companies are responsible for reporting their
cryptocurrency-related income on their tax returns. Failure to accurately report and pay taxes on
cryptocurrency-related income can result in penalties and fines. Also, the regulation and
taxation of cryptocurrency in South Korea is subject to change, and it is advisable to stay
informed of the latest developments and seek professional advice on tax matters related to
cryptocurrency.

The Tron network is currently capable of supporting various applications and games. Besides its main use case as a platform for content creators, Tron is often used to transact, as TRX transactions come with no fees whatsoever. There are many uses for TRX, including paying for goods and services, running native smart contracts, commissions and fees, and buying other tokens issued on the Tron blockchain. These uses may increase the demand for TRX, which would raise TRX's price accordingly.  Moreover, you can hold TRX as a digital asset for investment purposes and cash it out quickly whenever you need.

In South Korea, any individual or entity, including residents and non-residents, can buy
cryptocurrency as long as they have a valid bank account and comply with the applicable laws
and regulations. There are no restrictions on who can buy cryptocurrency in South Korea, and
anyone with the necessary resources and knowledge can participate in the market. The best
way to buy cryptocurrency in South Korea depends on your specific needs and preferences but
the most common way to buy cryptocurrency in South Korea is through a cryptocurrency
exchange. Our platform allows you to buy, sell, and trade cryptocurrency using Euros. In
addition, our exchange is a trustworthy and safe choice for buying cryptocurrency in South
Korea. It operates within the law and offers a range of convenient payment options, including
Apple Pay, Google Pay, credit card, debit card, bank transfer, and PayPal, without any
transaction fees to keep costs low.