How to Buy Cryptocurrency in Belarus
Buying cryptocurrency in Belarus
According to the Belarusian law, all legal persons are allowed to mine, buy, sell, and exchange cryptocurrencies online. Throughout the last decade, the country has taken serious steps toward adopting and developing the digital economy. Their goal is for Belarus to become a major crypto hub in Europe, which is why they fully legalized businesses based on blockchain - the technology behind Bitcoin and other cryptocurrencies. What's interesting is that the country even provided privileges for those who decide to buy and use cryptocurrencies. Namely, there will be no taxation for any transactions done with cryptocurrency tokens until 2023. In other words, any citizen of Belarus is completely exempt from taxes on all profits made from cryptocurrencies. This is a highly attractive environment for companies and self-employed entrepreneurs who are dealing with high taxes in other parts of the world
As of 20/03/2021
Exchanges Info
These exchanges all accept customers from Belarus. While they broadly offer the same services and you can buy cryptocurrency at all of them, there can be differences in transaction fees, security, verification requirements, deposit methods and features, as shown below