Crypto

01

Cryptocurrency – What are they?

02

What Cryptocurrency do we have available and what are the trading hours?

03

Cryptocurrencies – What are the costs?

04

Cryptocurrencies – How does taxation work?

05

Cryptocurrencies – How to declare?

06

Cryptocurrencies – What are the advantages of buying on Avenue?

07

Cryptocurrencies – Can I transfer my cryptocurrency from another wallet to Avenue?

08

Cryptocurrencies – How to execute an order?

09

Cryptocurrencies – How to exchange?

10

Cryptoassets – What is the settlement period?

01

Cryptocurrency – What are they?

Cryptocurrencies are virtual assets, protected by cryptography, which makes them almost impossible to forge. They are present exclusively in digital records, whose operations are performed and stored on a computer network.

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02

What Cryptocurrency do we have available and what are the trading hours?

We currently have 32 crypto assets on our platform, among them: Bitcoin (BTC), Etherium (ETH), Chainlink (LINK), Cardano (ADA), Solana (Sol), Terra (LUNA). It is not possible to place orders between 18:30 until 19:05. All data related to cryptocurrencies offered, including historical data, charts on our platform are available for both Premium and Zero Broker plans.

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03

Cryptocurrencies – What are the costs?

We do not charge brokerage fees for cryptocurrency orders. Our spread varies with market cap and cryptocurrency trading volume.

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04

Cryptocurrencies – How does taxation work?

Cryptocurrencies do not have specific regulations in Brazil. For tax purposes, the Brazilian Federal Revenue Service (“RFB”) determines that these assets are equivalent to financial assets. Its declaration is at the customer’s discretion, however, Avenue makes the necessary reports available for declaration free of charge if the customer wants to use it.

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05

Cryptocurrencies – How to declare?

06

Cryptocurrencies – What are the advantages of buying on Avenue?

At Avenue you can access more than 8,000 assets such as stocks, mutual funds, ETFs, fixed income, as well as transfer your balance to your banking account and use it around the world with your Avenue debit card. We also have exclusive services such as automated tax reporting and analysis tools.

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07

Cryptocurrencies – Can I transfer my cryptocurrency from another wallet to Avenue?

No, in this initial phase we prioritize the trading of Cryptocurrencies on our platform, it is not possible to carry out custody transfer at the moment. We don’t have a forecast to carry out this operation, stay tuned on our social media for more News

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08

Cryptocurrencies – How to execute an order?

We do not have brokerage on the purchase and sale following market practice. The minimum dollar amount for a buy and sell order is $5. The minimum fractional amount of cryptocurrency for a single trade is 0.00000001. Our spread varies with market cap and cryptocurrency trading volume.

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09

Cryptocurrencies – How to exchange?

You need to execute an exchange to investment account and inform the reason for this operation is to invest in cryptocurrency. The tax related will be 1.1% (IOF).

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10

Cryptoassets – What is the settlement period?

The settlement of buying and selling cryptocurrencies is D0, it means you can buy and sell on the same day. However, if the customer wishes to make monetary transfers, such as making an exchange to the account in Reais or transfer to the bank account, the settlement will take place in D+1. Therefore, after making the sale of cryptocurrencies you will be able to make a transfer to the bank account on the next business day and, when performing an exchange, the settlement will take place in D+2.

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