Sep 28, 2022 | What is Cryptocurrency? Cryptocurrency is a digital currency, which is an alternative form of payment created using encryption algorithms.
Cryptocurrencies have become increasingly popular over the past several years – as of 2018, there were more than 1,600 of them! Portugal has become a hub for crypto traders, primarily for one major reason:
Gains made from the acquisition or sale of cryptocurrencies are not taxed in Portugal.
Portugal is one of the very few countries who adopt this policy, coupled with the ability to obtain a residency in Portugal through the Golden Visa program. Additionally, Portugal being ranked the 6thsafest country in the World making Portugal an incredibly enticing country in which to relocate.
Laws Property Portugal has recently embarked on a partnership with the Swiss-licensed crypto exchange, XEROF. As a result, we can (through the correct channels) accept cryptocurrencies as a form of payment unlike some other real estate companies in Portugal. The following information was provided by XEROF to explain their service.
Five reason why choose XEROF Crypto Exchange if you Buy or Sell Property
As cryptocurrencies grow in popularity and their acceptance increases, more people are asking what platform they should use for their investments when buying or selling high-value assets.
Before settling for a certain crypto exchange, it is critical to consider a number of options. In other words, one of the most important things is to choose the right partner for crypto exchange when you are buying real estate or other luxury goods. Below you have a few reasons why you should choose XEROF as such a partner.
This is a very important factor to consider. A crypto exchange should be compliant with the laws of the countries where it operates and, in the country, where it is registered. XEROF started its path in 2021, incorporated in Switzerland, and obtained Swiss regulatory approval by FINMA (Swiss Financial Market Supervisory Authority). XEROF is supervised by the SRO VQF for AML compliance, which is the leading, officially recognized, self-regulatory organization for the combating of money laundering. The company is able to operate in more than 70 countries in the EMEA region.
A Nordic team of experts from many fields of business (with more than 25 years of experience) founded the company. Real estate, investments, Fintech and Cryptocurrency are just some of the business interests of our forward-looking and dedicated team members.
The need for a secure crypto exchange is self-explanatory. Managing assets on a stock exchange means trusting someone else with one’s money. Otherwise, if the exchange gets hacked, investors end up empty-handed. That’s why XEROF has the next-generation digital asset security and combines the wallet technology, MPC-CMP, with hardware insolation to create a multi-layered security technology. MPC-CMP, or Multi-Party Computation, enables digital transactions to be signed much faster and more securely. By choosing XEROF as your crypto exchange partner, you are choosing a reliable Swiss provider of financial services.
Ease of Use
It takes just 3 short steps to become a customer and only 2 further steps to make a deal (buy or sell your real estate or luxury goods). XEROF acts as your financial partner and all actions are based on your contract of purchase. Through efficient blockchain technology and smart contracts, you can carry out high-value transactions and avoid traditional waiting times.
XEROF know this is important. The user interface must be clear, understandable, and up to date. If you have a look at XEROF’s website, you won’t find long texts with descriptions of evident things. We believe that our respectable clients value their time and want to find only the most important information about crypto exchange.
For more information about Golden Visa, please visit:https://www.lawspropertyportugal.com/golden-visa-in-portugal/
For more information about XEROF, please visit: https://www.xerof.com