How to Buy Cryptocurrency in Belgium

Buying cryptocurrency in Belgium

Buying cryptocurrency in Belgium According to the Belgium Court, trading in any non-traditional currency such as bitcoin still counts as a valid financial transaction. Thus, the use of bitcoin is not banned or frowned upon in Belgium. However, the country has not made any proactive steps toward making cryptocurrencies a larger part of people's lives. They failed to provide clear guidance on cryptocurrency taxation and all the legal aspects behind its use.In other words, Belgium is not as invested in cryptocurrencies as Belarus, although they are not banning the use of Bitcoin and similar currencies online. Thus, cryptocurrencies still remain unregulated in Belgium, which is why their Financial Services and Markets Authority, along with The National Bank of Belgium, have warned the citizens of potential risks when it comes to using these digital currencies. When it comes to tax regulations, any income that's related to cryptocurrency sales is still classified as �miscellaneous income� and, as such, it is subject to tax.
As of 20/03/2021

Exchanges Info

These exchanges all accept customers from Belgium. 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

Open a Bybit Account

Bybit

Based in Singapore and registered in the British Virgin Islands, Bybit is a P2P cryptocurrency exchange offering perpetual futures products with 100:1 leverage. Bybit can process 100k transaction per second which is a great feature for leveraged trading.

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