I have never been to Brazil, so I don't know what your financial system is like, and what financial habits are common there.
How do you cash out HBD in Brazil?
Do you know if the use of Gift Cards loaded with dollars is widespread in Brazil and South America?
Do you know if it is easy to use these cards?
Thanks
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Thank you very much! After a few attempts to get in here. I have already read your message. I believe I've already answered this elsewhere, but there's no problem saying it again.
I withdraw HBD through P2P, before converting it into USDT. and then selling.
Here in Brazil I believe that cards loaded with dollars are not used much, as fees and taxes are unfortunately high here...
Mainly due to the current government which has increased the number of taxes here since last year. I would really like to have a card that I could use my cryptos on, but at the moment it is unfeasible.
So do you pay a tax or fee when you use a credit card?
I mean when the currency is the dollar.
There is a fee on credit cards, but it's not that big... what hurts it is the way you mentioned it being a card where dollars would be the way to charge it.
The tax here can be an obstacle for many people.
So if you bought a Gift Card with HBD, where the card was loaded with Dollars instead of HBD, would that incur a fee when you used it? And be easy to use and tax free?
In my opinion (please don't generalize, as if there is any possibility I don't know) anything that uses dollars in my country will have to pay an IOF (Financial Operations Tax) fee.
If there was a possibility of carrying out an operation involving HBD, but in a way that did not involve anything that the government can "get its hands on", it would be much better.
Thank you.
You´re welcome my friend.
Thank you very much! After a few attempts to get in here. I have already read your message. I believe I've already answered this elsewhere, but there's no problem saying it again.
I withdraw HBD through P2P, before converting it into USDT. and then selling.
Here in Brazil I believe that cards loaded with dollars are not used much, as fees and taxes are unfortunately high here...
Mainly due to the current government which has increased the number of taxes here since last year. I would really like to have a card that I could use my cryptos on, but at the moment it is unfeasible.
I tried sending the message twice... I think there's some kind of bug.
Hello friend, I currently exchange HBD through P2P because a friend is the mediator.
But before that I have to convert the HBD to USDT for the BSC network. About gift cards, it's a cool and interesting idea, but I don't know how much they are used here in Brazil.
Maybe it has a use, but I don't know how many people do it.
The problem here is the high fees, to have a credit card that accepts Crypto, we have to pass the information to the government and also pay fees beyond the normal use of our card. Honestly, I avoid this.