You won’t be able to reduce your tax by gifting your cryptocurrency. Whatever gain you have made on it will be taxable up to the point at which you gift it.
What are the best ways to buy bitcoin in romania?
In Romania, some of the top and regulated cryptocurrency exchanges are:
- Binance – one of the largest and most popular exchanges globally, with a strong presence in Romania.
- CoinFlux – a Romanian-based exchange with a user-friendly interface and low fees.
- Bitfinex – a well-established exchange with a good reputation for security.
It is important to note that the safety of an exchange can be affected by various factors such as security measures, user reviews, and history of hacking incidents. It is recommended to do thorough research and due diligence before choosing an exchange and always keeping your funds in a secure wallet.
Regarding the lowest fees, it is always advisable to compare the fees charged by different exchanges for the specific crypto assets you want to trade, as fees can vary depending on the exchange and the trading pair. In general Binance has some of the lowest fees in the industry when you pay by card or bank transfer, but that can vary. It is also regulated by the romanian authorities and has even announced an office in Romania with customer support in romanian. We can’t wait to hear more about it.
A recommended approach would be to open several exchange accounts and before using them to really have a deeper look at usability, price of tokens and transfer fees, as well as security and regulatory environment.