Which country trades the most bitcoin

[btccointalk]

I think China and the US are the most traded nations in the world.

[cpoer2011]

I think is the USA for most bitcoin trade but for most bitcoin mineable I think China is the one. Most of Bitcoin trading is in the USA since the beginning of Bitcoin introduce to the world. Correct me if I'm wrong

[Bobtong]

Not sure about US and UK currency problems but Russia and Venezuela really have them so it's only logical they like crypto
and of course China should be higher in the list

[bayu7adi]

for transactions, cryptocurrency is more dominant in the United States, but for mining China is the country that has the most Bitcoin miners in the world. That way, the role of these two countries will be very important in controlling the cryptocurrency market, including Bitcoin

[xfaqs01]

most of the countries are in asia since the USA tighten it regulation, china japan, korea singapore are the top in asia,  and this numbers will continues to rise in number base on the good news came out recently, more financial institution are venturing on cyptoverse.

[btc78]

Searching the web, looking for bitcoin news, I found an interesting infographic that shows "Which country trades the most bitcoin".
The first 3 countries were predictable, but Venezuela? I would never guess.

Quated for the picture.

It's because localbitcoins reports the price in usd at the official rate bolivar/usd.
In reality, the volume far is smaller

Switching the chart from BTC to bolivars you will see the difference.

Besides, that's data only for lcoabitcoins, most people in the EU and US don't use local bitcoins but exchanges...to which Venezuelans have no access.

Well thats even good for rhe record as localbitcoins creating a whole world recording as many countries contributing the chart and not only UK and US ,in this picture we can see more asian countries parting this one.

But i am proud that our country is there and thats enough reason for me to continue having faith in our community here

[rafi035]

I think China and the US will be the two most traded nations. And I was really surprised when China was ranked fifth.

Current developments cannot be determined and ascertained which country because it all depends on the interest of investors to use crypto currencies, especially bitcoin

[jonhsongotti]

I think China has the most bitcoin trading volume in the world. It is the most populous country in the world, having developed economy, having some large crypto trading floors in the world. In addition, China is leading the ICO and blockchain technologies.Many other reasons...

[alexhunter54]

i think  the  country  that trades  the  most  bitcoin  is China ,America ,Russia and Japan and it will be much popular and lots of country will trade more and more.

[ganlianshifu1]

BTC is a legal cryptocurrency in Japan, and many Japanese young people have BTC trading volume in Japan!
In Venezuela, people like to use BTC for daily transactions because of the depreciation of the legal currency! This is the reason for the large volume of BTC transactions in Venezuela!

[Kurevazeyo]

I think is the USA for most bitcoin trade but for most bitcoin mineable I think China is the one. Most of Bitcoin trading is in the USA since the beginning of Bitcoin introduce to the world. Correct me if I'm wrong

The most bitcoin user is USA, because freedom in bitcoin trading and investment makes people easily access information about bitcoin, so bitcoin is rapidly developing as a payment tool, even bitcoin ATM are also avail

[Dimas99]

Searching the web, looking for bitcoin news, I found an interesting infographic that shows "Which country trades the most bitcoin".
The first 3 countries were predictable, but Venezuela? I would never guess.

Quated for the picture.

It's because localbitcoins reports the price in usd at the official rate bolivar/usd.
In reality, the volume far is smaller

Switching the chart from BTC to bolivars you will see the difference.

Besides, that's data only for lcoabitcoins, most people in the EU and US don't use local bitcoins but exchanges...to which Venezuelans have no access.

with the fact that you convey all investors become more understanding of the development of crypto currencies, hopefully in the future crypto currencies will be more developed and reliable

[Adelia15]

Bitcoin is the best solution to help Venezuela deal with a myriad of domestic emergencies such as rising inflation, food shortages, and food shortages, billions of dollars in debt, and so on. Venezuela is the country with the most bitcoin trade.

[mahibul49]

well i think still china should be on top and venuzuella 4 is really surprising me and also how a country like nigeria is in top 7??
really so much interesting but i think nigeria progressed alot

[Sultanar484]

Bitcoin is now being traded in most of the countries but USA, Russia, United Kingdom, Venezuela, China, Nigeria, Australia, Canada, South Africa and in Bangladesh there are a lot of bitcoin trades occusr but that aren't official rather internal inbox transactions.

[nimp5good]

Bitcoen is very popular in Japan. Many people go there when calculating the cryptocurrency. And there it is recognized as legal payment means.

[amia1864]

As far as I know, Venezuela and Japan are the two countries trades the most Bitcoin. The volume is increasing, more information shows that there are about 50% trade in these two countries.

[cammie16]

As far as I know, Venezuela and Japan are the two countries trades the most Bitcoin. The volume is increasing, more information shows that there are about 50% trade in these two countries.

Well whatever countries it is the most important thing is they contribute positively in the success of bitcoin, it's good to know that a lot of countries already using bitcoin worldwide.

[kinollihik]

Very interesting information! Thank you! I wonder where this information comes from and whether it can be considered reliable.

[MORKEL]

I'm sure the most traded country is China. After the ban was issued in September last year, many exchanges dealing with Chinese customers moved to other countries, but the customers were still Chinese. China also dominated the mining business. More than 70% of Bitcoins were mined in China.