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Frequently asked questions
If you want to keep XLM as an investment, you need to know that XLM can be a good long-term investment. It is not recommended to think about a short-term profit while buying this coin.
Yes. But note that according to the legislative document by the Spanish government, the capital
gain tax applies whenever you dispose of your crypto assets. This would include selling crypto
for EUR, trading cryptocurrency for another cryptocurrency and gifting crypto. So, when you sell
your crypto asset for any fiat currency, you will need to pay tax on any profits you made.
According to the legislative document by the Spain government, whether you are getting paid
for a full-time job in cryptocurrency or receiving crypto payments for offering services part-time,
you are subject to Income Tax on your crypto earnings.
No, the minimum amount of Stellar XLM you should have in your account is 1 XLM. You can’t activate any wallet without 1 XLM.
It is estimated that over 1.1 million people, 2.51% of Spain’s total population, currently own
Different analysts have predicted the future of XLM up to 2030. They have positive opinions about the future of this coin. Some even believe that the price of XLM will reach $10 by 2030.