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Title: Which countries or currencies do not have their own bitcoin exchange yet ? Post by: 100bitcoin on April 04, 2015, 04:39:08 PM ^^Title speaks for itself.
Title: Re: Which countries or currencies do not have their own bitcoin exchange yet ? Post by: pedrog on April 04, 2015, 05:39:11 PM Through LocalBitcoins pretty much every country in the world is covered.
There are some problematic territories, like Somaliland, South Ossetia, Abkhazia and similar where it may not be possible to make such exchanges. Title: Re: Which countries or currencies do not have their own bitcoin exchange yet ? Post by: 100bitcoin on April 04, 2015, 06:22:29 PM Through LocalBitcoins pretty much every country in the world is covered. There are some problematic territories, like Somaliland, South Ossetia, Abkhazia and similar where it may not be possible to make such exchanges. No. Not LocalBitcoins. It needs to be a real time exchange like BTC-e/Bitstamp or bitcoin shop like Circle/bitonic.nl/bittylicious accepting that local currency. Title: Re: Which countries or currencies do not have their own bitcoin exchange yet ? Post by: emrebey on April 04, 2015, 06:23:53 PM probably most of the under-developed countries don't have an exchange for their currency.
Title: Re: Which countries or currencies do not have their own bitcoin exchange yet ? Post by: pedrog on April 04, 2015, 06:27:10 PM Through LocalBitcoins pretty much every country in the world is covered. There are some problematic territories, like Somaliland, South Ossetia, Abkhazia and similar where it may not be possible to make such exchanges. No. Not LocalBitcoins. It needs to be a real time exchange like BTC-e/Bitstamp or bitcoin shop like Circle/bitonic.nl/bittylicious accepting that local currency. In that case, I don't think there's one in Iraq, and Yemen, and Vanuatu... Title: Re: Which countries or currencies do not have their own bitcoin exchange yet ? Post by: countryfree on April 04, 2015, 06:35:00 PM Reverse the question, answer will be easier.
Most countries do not have any BTC exchange. Title: Re: Which countries or currencies do not have their own bitcoin exchange yet ? Post by: crazyivan on April 04, 2015, 06:38:39 PM I think neither Serbia not Bosnia have their own exchanges. There is a small one in Croatia and Bitstamp in Slovenia. However, all these are tiny markets, I m sure it s not profitable to run exchanges there.
Title: Re: Which countries or currencies do not have their own bitcoin exchange yet ? Post by: RocketSingh on April 07, 2015, 03:56:09 PM Reverse the question, answer will be easier. Most countries do not have any BTC exchange. I dont think so. As most of the top exchanges accept EUR, most of the countries in Europe gets covered thereby. Probably some Asian & African nations do not have exchange for their currencies... Title: Re: Which countries or currencies do not have their own bitcoin exchange yet ? Post by: BillyBobZorton on April 07, 2015, 04:31:20 PM Reverse the question, answer will be easier. Most countries do not have any BTC exchange. I dont think so. As most of the top exchanges accept EUR, most of the countries in Europe gets covered thereby. Probably some Asian & African nations do not have exchange for their currencies... Title: Re: Which countries or currencies do not have their own bitcoin exchange yet ? Post by: countryfree on April 08, 2015, 12:36:51 PM Any exchange in Belarus, Macedonia, Montenegro, Georgia, Moldova, Armenia? I'd say most African countries don't have any exchange, then, there's Asia.
Title: Re: Which countries or currencies do not have their own bitcoin exchange yet ? Post by: tadakaluri on April 08, 2015, 01:08:34 PM Is there any exchange in India?
Title: Re: Which countries or currencies do not have their own bitcoin exchange yet ? Post by: ensurance982 on April 08, 2015, 01:09:51 PM Any exchange in Belarus, Macedonia, Montenegro, Georgia, Moldova, Armenia? I'd say most African countries don't have any exchange, then, there's Asia. I think those countries (the African ones) need remittance companies most. They act as a kind of exchange, actually. But I agree that Africa seems to be a huge (mostly) untapped potential market. Title: Re: Which countries or currencies do not have their own bitcoin exchange yet ? Post by: SpanishSoldier on April 09, 2015, 03:40:34 PM Any exchange in Belarus, Macedonia, Montenegro, Georgia, Moldova, Armenia? I'd say most African countries don't have any exchange, then, there's Asia. I think those countries (the African ones) need remittance companies most. They act as a kind of exchange, actually. But I agree that Africa seems to be a huge (mostly) untapped potential market. African nations first need to be educated enough to use the internet/smart phone in general. Bitcoin comes later... Title: Re: Which countries or currencies do not have their own bitcoin exchange yet ? Post by: jaberwock on April 09, 2015, 03:53:20 PM North Korea for sure.
Also all those small countries that no one remembers, like Nepal or Mongolia. And of course countries where BTC is forbidden, like Ecuador Title: Re: Which countries or currencies do not have their own bitcoin exchange yet ? Post by: Amph on April 09, 2015, 03:55:49 PM Any exchange in Belarus, Macedonia, Montenegro, Georgia, Moldova, Armenia? I'd say most African countries don't have any exchange, then, there's Asia. I think those countries (the African ones) need remittance companies most. They act as a kind of exchange, actually. But I agree that Africa seems to be a huge (mostly) untapped potential market. some country there have plenty of rich guys due to ptetroil, but apparently they aren't using it well, they just sit there and get richer... i mean they coul build plenty of bitcoin exchange without problem Title: Re: Which countries or currencies do not have their own bitcoin exchange yet ? Post by: SpanishSoldier on April 09, 2015, 09:12:11 PM North Korea for sure. Also all those small countries that no one remembers, like Nepal or Mongolia. And of course countries where BTC is forbidden, like Ecuador Mongolia does not have a BTC exchange ? Really ? I heard FriedCat set up a mining firm over there. So, I guess they have some local buyer so that mining firm bills could be paid in local currency. Title: Re: Which countries or currencies do not have their own bitcoin exchange yet ? Post by: Hazir on April 09, 2015, 09:42:37 PM North Korea for sure. Also all those small countries that no one remembers, like Nepal or Mongolia. And of course countries where BTC is forbidden, like Ecuador Mongolia does not have a BTC exchange ? Really ? I heard FriedCat set up a mining firm over there. So, I guess they have some local buyer so that mining firm bills could be paid in local currency. Title: Re: Which countries or currencies do not have their own bitcoin exchange yet ? Post by: kelsey on April 09, 2015, 10:36:10 PM Not sure if here in Australia we have a legit one?
Title: Re: Which countries or currencies do not have their own bitcoin exchange yet ? Post by: johnyj on April 10, 2015, 04:49:28 AM Centralized exchanges are dangerous, localbitcoins is the way forward. In certain countries, you can even use 3rd party mobile payment to trade with private people on localbitcoins and have instant delivery, much faster than an exchange which takes days to deposit. And once you know how to use localbitcoins, you can use it in any country. However, they should change to multisig to increase their security, they have also been hacked before
Title: Re: Which countries or currencies do not have their own bitcoin exchange yet ? Post by: Jimmy Wales on April 10, 2015, 12:18:46 PM Centralized exchanges are dangerous, localbitcoins is the way forward. In certain countries, you can even use 3rd party mobile payment to trade with private people on localbitcoins and have instant delivery, much faster than an exchange which takes days to deposit. And once you know how to use localbitcoins, you can use it in any country. However, they should change to multisig to increase their security, they have also been hacked before The interesting thing is there are now alternatives of LocalBitcoins as well. These are www.BitQuick.co & www.100bit.co.in. Though it seems BitQuick.co is US only and have a few division elsewhere, 100bit.co.in is a truly global platform for direct traders. Title: Re: Which countries or currencies do not have their own bitcoin exchange yet ? Post by: thejaytiesto on April 10, 2015, 03:05:16 PM Unfortunately, I dont think we'll ever see North Korea accepting BTC. To think all of those poor people will die without even knowing that cryptocurrencies are, among a lot of other things. Its pretty depressing.
Title: Re: Which countries or currencies do not have their own bitcoin exchange yet ? Post by: desired_username on April 10, 2015, 03:14:30 PM Hungary, Croatia and other smaller eastern european nations.
Mind these usually have very limited/expensive banking systems and low bitcoin awareness. Title: Re: Which countries or currencies do not have their own bitcoin exchange yet ? Post by: Jimmy Wales on April 10, 2015, 03:26:01 PM Hungary, Croatia and other smaller eastern european nations. Mind these usually have very limited/expensive banking systems and low bitcoin awareness. Are not they part of the Euro zone ? Title: Re: Which countries or currencies do not have their own bitcoin exchange yet ? Post by: Hazir on April 10, 2015, 03:28:52 PM Hungary, Croatia and other smaller eastern european nations. That is exactly the reason countries like these should have bitcoin exchanges in the first place: to fight bloated banking systems and to show people that there is other way and they don't have to comply with banks ridiculous fees. As far I know exchange doesn't need to be based physically in some certain country for it to be fully operational. There might be exchanges, and probably are in neighboring countries.Mind these usually have very limited/expensive banking systems and low bitcoin awareness. Title: Re: Which countries or currencies do not have their own bitcoin exchange yet ? Post by: desired_username on April 16, 2015, 10:52:36 AM Hungary, Croatia and other smaller eastern european nations. Mind these usually have very limited/expensive banking systems and low bitcoin awareness. Are not they part of the Euro zone ? They have their own currencies/banking. Title: Re: Which countries or currencies do not have their own bitcoin exchange yet ? Post by: 3x2 on April 16, 2015, 11:09:48 AM Majority of the countries do not have BTC exchange in their own currency.
Title: Re: Which countries or currencies do not have their own bitcoin exchange yet ? Post by: RocketSingh on April 17, 2015, 04:56:59 PM Majority of the countries do not have BTC exchange in their own currency. Care to share a list of those ? Please note that Majority of Europe is already covered as they accept EUR. Title: Re: Which countries or currencies do not have their own bitcoin exchange yet ? Post by: dothebeats on April 17, 2015, 05:16:19 PM Here in the Philippines, we do have an exchange called coins.ph. In buying and selling bitcoins, the exchange doesn't require any personal information to be submitted first before proceeding in making transactions, though they implement a certain limit for an account that isn't verified and hasn't submitted any personal information. All in all, it still is a pretty good bitcoin exchange for me, and I've been using their service for almost a year now, and not even a single hassle or delayed throughout my experience in using them.
Title: Re: Which countries or currencies do not have their own bitcoin exchange yet ? Post by: Lorenzo on April 17, 2015, 09:15:05 PM North Korea for sure. Also all those small countries that no one remembers, like Nepal or Mongolia. And of course countries where BTC is forbidden, like Ecuador Nepal's population is actually almost the same size as Canada's. And if you're going to include small countries, then there are many small island countries in the Pacific too which almost certainly don't have their own Bitcoin exchanges. e.g. Papua New Guinea, Tuvalu, Kiribati, Niue, Solomon Islands, Fiji, Samoa, Tonga, Vanuatu, etc. Unfortunately, I dont think we'll ever see North Korea accepting BTC. To think all of those poor people will die without even knowing that cryptocurrencies are, among a lot of other things. Its pretty depressing. Cryptocurrencies, probably not. But I wouldn't be surprised if they find some other uses for the blockchain. They have computers, mobile phones, and even their own miniature version of the Internet. And it's possible that their currently restrictive policies could change in the future in the same way China, East Germany, Vietnam, and the Soviet Union changed theirs over time. Centralized exchanges are dangerous, localbitcoins is the way forward. In certain countries, you can even use 3rd party mobile payment to trade with private people on localbitcoins and have instant delivery, much faster than an exchange which takes days to deposit. And once you know how to use localbitcoins, you can use it in any country. However, they should change to multisig to increase their security, they have also been hacked before The interesting thing is there are now alternatives of LocalBitcoins as well. These are www.BitQuick.co & www.100bit.co.in. Though it seems BitQuick.co is US only and have a few division elsewhere, 100bit.co.in is a truly global platform for direct traders. Interesting, although I would guess that they all suffer the same problem that eBay clones have vs. eBay. LocalBitcoins has the most buyers and sellers so people will naturally gravitate towards it over its rivals. This in turn makes LocalBitcoins even more attractive for buyers and sellers and thus even more popular and so more people will use it in a kind of positive feedback loop. Dethroning LocalBitcoins as the #1 OTC exchange won't be easy and the two companies you listed will probably face an uphill battle. EDIT: Nevermind, it's working again. Title: Re: Which countries or currencies do not have their own bitcoin exchange yet ? Post by: SpanishSoldier on April 19, 2015, 08:31:12 AM North Korea for sure. Also all those small countries that no one remembers, like Nepal or Mongolia. And of course countries where BTC is forbidden, like Ecuador Nepal's population is actually almost the same size as Canada's. Nepal is also highly dependent on remittance as huge number of Nepalese works outside of the country. Title: Re: Which countries or currencies do not have their own bitcoin exchange yet ? Post by: Lauda on April 19, 2015, 08:35:23 AM Hungary, Croatia and other smaller eastern european nations. Are not they part of the Euro zone ?Mind these usually have very limited/expensive banking systems and low bitcoin awareness. They have their own currencies/banking. I guess when a country is messed up in some other perspectives, legalizing a digital currency is not an important task at the moment. I'm not sure if it is better to focus on the more developed countries? These have potential, just as Africa could skip the banking sector. Title: Re: Which countries or currencies do not have their own bitcoin exchange yet ? Post by: avatar_kiyoshi on April 19, 2015, 09:36:52 AM Is there any exchange in India? Looking on Google and I found this: https://btcxindia.com Title: Re: Which countries or currencies do not have their own bitcoin exchange yet ? Post by: 100bitcoin on April 19, 2015, 09:54:16 PM Centralized exchanges are dangerous, localbitcoins is the way forward. In certain countries, you can even use 3rd party mobile payment to trade with private people on localbitcoins and have instant delivery, much faster than an exchange which takes days to deposit. And once you know how to use localbitcoins, you can use it in any country. However, they should change to multisig to increase their security, they have also been hacked before The interesting thing is there are now alternatives of LocalBitcoins as well. These are www.BitQuick.co & www.100bit.co.in. Though it seems BitQuick.co is US only and have a few division elsewhere, 100bit.co.in is a truly global platform for direct traders. Interesting, although I would guess that they all suffer the same problem that eBay clones have vs. eBay. LocalBitcoins has the most buyers and sellers so people will naturally gravitate towards it over its rivals. This in turn makes LocalBitcoins even more attractive for buyers and sellers and thus even more popular and so more people will use it in a kind of positive feedback loop. Dethroning LocalBitcoins as the #1 OTC exchange won't be easy and the two companies you listed will probably face an uphill battle. Happy to take up the uphill battle. :) - Team www.100bit.co.in Title: Re: Which countries or currencies do not have their own bitcoin exchange yet ? Post by: 3x2 on April 20, 2015, 12:47:28 PM Majority of the countries do not have BTC exchange in their own currency. Care to share a list of those ? Please note that Majority of Europe is already covered as they accept EUR. Title: Re: Which countries or currencies do not have their own bitcoin exchange yet ? Post by: WhatTheGox on April 20, 2015, 12:54:49 PM Well technically the UK doesnt despite several exchanges beng based here banking wires are sent outside the country as SEPA. Local bitcoins is everywhere so that cant count. Title: Re: Which countries or currencies do not have their own bitcoin exchange yet ? Post by: safetybitcoin on April 20, 2015, 02:41:09 PM My country has an exchange. But it is not acceptable to the government, and It is still active, but the sale are not protected by law.
https://www.bitcoinvietnam.com.vn/ Title: Re: Which countries or currencies do not have their own bitcoin exchange yet ? Post by: Bizmark13 on April 22, 2015, 06:06:42 AM Any exchange in Belarus, Macedonia, Montenegro, Georgia, Moldova, Armenia? I'd say most African countries don't have any exchange, then, there's Asia. I think those countries (the African ones) need remittance companies most. They act as a kind of exchange, actually. But I agree that Africa seems to be a huge (mostly) untapped potential market. African nations first need to be educated enough to use the internet/smart phone in general. Bitcoin comes later... Fortunately, because of Moore's law and various other factors, it won't be long before even the poorest people living in the poorest countries have access to smartphones and the Internet. It's already happening now with sub-$30 Android smartphones, and the trend will undoubtedly continue in the future. Any exchange in Belarus, Macedonia, Montenegro, Georgia, Moldova, Armenia? I'd say most African countries don't have any exchange, then, there's Asia. I think those countries (the African ones) need remittance companies most. They act as a kind of exchange, actually. But I agree that Africa seems to be a huge (mostly) untapped potential market. some country there have plenty of rich guys due to ptetroil, but apparently they aren't using it well, they just sit there and get richer... i mean they coul build plenty of bitcoin exchange without problem Those types of countries tend to have large income and wealth disparities. Not to mention the oil industry tends to favor the USD. So the total number of people who might be interested in Bitcoin might not be as high as you'd think. North Korea for sure. Also all those small countries that no one remembers, like Nepal or Mongolia. And of course countries where BTC is forbidden, like Ecuador Mongolia does not have a BTC exchange ? Really ? I heard FriedCat set up a mining firm over there. So, I guess they have some local buyer so that mining firm bills could be paid in local currency. It's also possible that friedcat exchanged his coins to USD and then converted the USD to the local currency. Not sure if here in Australia we have a legit one? I'd be surprised if Australia doesn't have an exchange yet seeing as though New Zealand already has at least three (and possibly more): http://www.bitnz.com/ http://www.buybitcoin.co.nz/ http://www.coined.co.nz/ Well technically the UK doesnt despite several exchanges beng based here banking wires are sent outside the country as SEPA. Local bitcoins is everywhere so that cant count. I once used an exchange called Indacoin that was based in the UK. The SEPA stuff is very interesting although I don't think it disqualifies the UK from being a country that has its own exchange. If it's based there and can be used by their citizens then as far as I'm concerned, they have an exchange. Title: Re: Which countries or currencies do not have their own bitcoin exchange yet ? Post by: BTC_Superman on May 14, 2015, 03:17:06 PM Most of the Asian countries do not have their own Bitcoin exchange yet.
Title: Re: Which countries or currencies do not have their own bitcoin exchange yet ? Post by: RocketSingh on May 15, 2015, 04:09:09 PM Not sure if here in Australia we have a legit one? I'd be surprised if Australia doesn't have an exchange yet seeing as though New Zealand already has at least three (and possibly more): http://www.bitnz.com/ http://www.buybitcoin.co.nz/ http://www.coined.co.nz/ AFAIK, independentreserve.com is the exchange serving Australia. Title: Re: Which countries or currencies do not have their own bitcoin exchange yet ? Post by: SpanishSoldier on June 21, 2015, 10:07:31 PM Most of the Asian countries do not have their own Bitcoin exchange yet. Main reason of this is the internet penetration is far lower in Asian countries. Hence they are less enthusiastic about bitcoin as it is heavily dependent on the internet. But, some Asian countries still have their exchanges catering low volume. Title: Re: Which countries or currencies do not have their own bitcoin exchange yet ? Post by: 100bitcoin on August 05, 2015, 06:13:40 PM So far what I found that following currencies have their own real time bitcoin exchanges...
USD, EUR, CNY, INR, CAD. I am not certain about GBP, JPY & AUD. Can anyone provide info about them ? I would also like to know whether any other major currency have their own real time bitcoin exchange. Title: Re: Which countries or currencies do not have their own bitcoin exchange yet ? Post by: mobnepal on August 06, 2015, 03:39:01 AM North Korea for sure. Yes you are right. I am from Nepal but i have some bitcoin but that is only near 1btc. The main problem is the income here and also how internet are being used here to surf Facebook and YouTube only. We don't have any bit coin exchange service here.Also all those small countries that no one remembers, like Nepal or Mongolia. And of course countries where BTC is forbidden, like Ecuador Title: Re: Which countries or currencies do not have their own bitcoin exchange yet ? Post by: barsbars on August 06, 2015, 03:53:53 AM North Korea for sure. Yes you are right. I am from Nepal but i have some bitcoin but that is only near 1btc. The main problem is the income here and also how internet are being used here to surf Facebook and YouTube only. We don't have any bit coin exchange service here.Also all those small countries that no one remembers, like Nepal or Mongolia. And of course countries where BTC is forbidden, like Ecuador i really want to open BTC exchange but i dont know how to do that Title: Re: Which countries or currencies do not have their own bitcoin exchange yet ? Post by: talkbitcoin on August 06, 2015, 04:54:24 AM localbitcoin has almost every country there is for buying and selling bitcoin but an official exchanger that is located in an specific country, there is a lot of them missing
Title: Re: Which countries or currencies do not have their own bitcoin exchange yet ? Post by: teddy5145 on August 06, 2015, 05:06:34 AM Most of the Asian countries do not have their own Bitcoin exchange yet. Indonesia has their own exchange luckily :pWe can exchange the btc to money which will be sent to our local bank account The only Asian country that doesn't had any exchange is Singapore as far as i know Any singapore people to clarify this ? Title: Re: Which countries or currencies do not have their own bitcoin exchange yet ? Post by: Xenoph0bia on August 06, 2015, 02:18:22 PM Is there any exchange in India? I haven't seen any exchanges yet in India, I visited India 6 months ago, but for my surprise I couldn't find a single shop where they accepts bitcoins as a mode of payment, the only thing in demand in India is Credit Cards, majority of the people use credit cards for making payments. Title: Re: Which countries or currencies do not have their own bitcoin exchange yet ? Post by: GermanGiant on August 06, 2015, 05:40:19 PM Most of the Asian countries do not have their own Bitcoin exchange yet. Indonesia has their own exchange luckily :pWe can exchange the btc to money which will be sent to our local bank account The only Asian country that doesn't had any exchange is Singapore as far as i know Any singapore people to clarify this ? Title: Re: Which countries or currencies do not have their own bitcoin exchange yet ? Post by: ajun96 on August 07, 2015, 11:51:38 PM Most of the Asian countries do not have their own Bitcoin exchange yet. Indonesia has their own exchange luckily :pWe can exchange the btc to money which will be sent to our local bank account The only Asian country that doesn't had any exchange is Singapore as far as i know Any singapore people to clarify this ? Title: Re: Which countries or currencies do not have their own bitcoin exchange yet ? Post by: juankburke on August 08, 2015, 01:13:14 AM if you count localbitcoins then a fair amount of countries have it but if you are talking about dedicated exchanges per country wise then m sure there are many countries which still doesnt have it
Title: Re: Which countries or currencies do not have their own bitcoin exchange yet ? Post by: edric on August 08, 2015, 07:09:06 AM India does not have bitcoin exchange because the central bank is very much against cryptocurrency. They shut down the only exchange there, BTCXIndia, and Indians banks do not deal with bitcoin exchanges. This is common is other countries where bitcoin is essentially banned.
Title: Re: Which countries or currencies do not have their own bitcoin exchange yet ? Post by: kostya.ash on August 08, 2015, 07:31:31 AM India does not have bitcoin exchange because the central bank is very much against cryptocurrency. They shut down the only exchange there, BTCXIndia, and Indians banks do not deal with bitcoin exchanges. This is common is other countries where bitcoin is essentially banned. Oh, it is very annoying, so how do you redeem bitcoin to money,Title: Re: Which countries or currencies do not have their own bitcoin exchange yet ? Post by: LiteCoinGuy on August 08, 2015, 08:57:18 AM what are you talking about? of course there are exchanges in india!
https://btcxindia.com/ https://www.unocoin.com/ https://www.bitquick.in/ ::) @kostya.ash bitcoin is money. you will find out. Title: Re: Which countries or currencies do not have their own bitcoin exchange yet ? Post by: kostya.ash on August 09, 2015, 10:02:42 AM what are you talking about? of course there are exchanges in india! Hehe i mean how he exchange bitcoin to money(dollar or etc) in there country ?https://btcxindia.com/ https://www.unocoin.com/ https://www.bitquick.in/ ::) @kostya.ash bitcoin is money. you will find out. Title: Re: Which countries or currencies do not have their own bitcoin exchange yet ? Post by: bitcoinmar on August 09, 2015, 10:12:57 AM India does not have bitcoin exchange because the central bank is very much against cryptocurrency. They shut down the only exchange there, BTCXIndia, and Indians banks do not deal with bitcoin exchanges. This is common is other countries where bitcoin is essentially banned. Oh, it is very annoying, so how do you redeem bitcoin to money, |