I am uncertain if cryptocurrencies can be used as method of payment for my asset because my local legal counsel is unfamiliar with how to complete a sale transaction with IDON instead of money.

I am uncertain if cryptocurrencies can be used as method of payment for my asset because my local legal counsel is unfamiliar with how to complete a sale transaction with IDON instead of money.

One may view an asset transaction with Idoneus either as a purchase transaction or similar to an asset exchange transaction. When viewed as an asset exchange transaction, this would be akin to trading a property for another type of asset, such as a private yacht. In Idoneus’ case the only difference is that a digital asset (IDON) is being traded for the property.

Typically, once your legal counsel understands that you are desiring to trade IDON for your current holding, they will be able to provide the necessary assistance to successfully complete the transaction.

Previous In my country there are certain hard costs such as transfer costs or closing fees which must be paid in cash when an asset sale is completed. If Idoneus acquires my asset, who pays for this?
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