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Author Topic: Bitcoin Friendly countries  (Read 2180 times)
anushkasachith888 (OP)
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March 21, 2018, 06:48:57 PM
 #361

The country where I live is not a bitcoin friendly country, and I know there are some countries , they are quite friendly for bitcoin. even BITCOIN exchange ATM machines are there. Actually I would like to know what are the most Bitcoin friendly countries in the world at the moment?
You can find here a lot of info about Bitcoin Legality in different countries + many interesting facts: https://en.wikipedia.org/wiki/Legality_of_bitcoin_by_country_or_territory

Hi, Thank you for the link friend, It is more valuable, I have already went through it,

pumbum
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March 21, 2018, 07:50:01 PM
 #362

I'm from Russia and I can say that there is a less loyal attitude to cryptocurrencies. what will have to go through until it becomes really legal and open around the world, no one knows, so it is difficult to assess where to move only on this criterion
arondaly
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March 21, 2018, 07:57:07 PM
 #363

Switzerland, Singapore, Japan
coinliker
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March 21, 2018, 08:01:49 PM
 #364

i am from Bangladesh and here also bitcoin is not legal by govt. in fact many of them were not to know what is cryptocurrency! how it use! but now changed thing little bit. People are here want to know bitcoin and altcoin and they are vary much interested to know more about block chain technology. Here electronic media also start to talk about bitcoin and they are very much positive about it their report. so i think Bangladesh will also bitcoin user friendly country very soon Smiley  
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March 21, 2018, 08:08:49 PM
 #365

And what is the situation with BTC to FIAT withdrawal and vice versa? Is it easy and allowed? How much is the commission?

For example, in Russia any exchanges is semi-illegal. Such business exist but it can't work publicly. And commission can be from 2% to 10% depend on the market situation. What is your situation?
TelevisionLover
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March 22, 2018, 01:32:02 AM
 #366

And what is the situation with BTC to FIAT withdrawal and vice versa? Is it easy and allowed? How much is the commission?

For example, in Russia any exchanges is semi-illegal. Such business exist but it can't work publicly. And commission can be from 2% to 10% depend on the market situation. What is your situation?

Near me, there are Bitcoin ATMs with cash out options. (I am in the USA).

They only require one form of government identification (like drivers id) and let you cash out at the ATM. You only provide verification once, after that it is just facial recognition. They take a 15% fee on sales under 500 USD, 10% from 501-2000 USD, and a 8% on anything larger..

It seems to be completely legal, they used to only allow buying. When the ATM version of crypto "cash out" was introduced really spurred growth in our town. A lot more people in to crypto once they realized they can get their money out instantly from an atm instead of waiting however long it took for bank transfer or having to deal with p2p marketplaces online.
aeternus
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March 22, 2018, 03:14:01 AM
 #367

I hope more countries will legalize or use bitcoin
I think we all hope for the same but we are in unknown territory we do not know how the governments are going to react bitcoin, I think that at first were going to get a mixed reaction then we will get adoption but I think that after some time some governments are going to begin to panic when they realize they are losing money because of bitcoin.
gambitcoin53
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March 22, 2018, 03:27:26 AM
 #368

Philippines are open to bitcoin, we have here a couple of exchange sites, there are so many people here that are in trading and networking using bitcoin, though not all are legit. our government even supports bitcoin but they are willing to regulate it to protect our people against scams and illegal transactions, we are fortunate that bitcoin are freely running and our government is eyeing to develop bitcoin for the welfare of the people who are into it.

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lodi123
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March 22, 2018, 03:29:42 AM
 #369

The country where I live is not a bitcoin friendly country, and I know there are some countries , they are quite friendly for bitcoin. even BITCOIN exchange ATM machines are there. Actually I would like to know what are the most Bitcoin friendly countries in the world at the moment?
Bitcoin is friendly because he didn't choose anyone he want to help just keep working bitcoin gonna help you for a lifetime
spiderm4n15
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March 22, 2018, 03:35:25 AM
 #370

- Estonia
The small Baltic nation of Estonia not only has a history of jumping on the latest technological innovation, but its tech-friendly government seems willing to implement innovations like blockchain technology for healthcare.

- Denmark is not only one of the most developed countries in the world in terms of living standards and technology, but it’s also at the forefront of the push towards eliminating cash in favor of 100% digital currency.
noelanora99
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March 22, 2018, 03:44:38 AM
 #371

I think it's because betcoin is relatively new, that's why some countries are hesitant about it. But in future when they see the prospect in it, they'll soon followed.

Just like they say, you can't live in past so just follow the trend.
babarian
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March 22, 2018, 03:50:27 AM
 #372

Europe, Japan, Canada, Isreal, Korea, US, Singapore are some major countries where bitcoin has legal status. There are many other countries like India, Rusia those are preparing a draft for bitcoin legalization. 
the Philippines has received bitcoin in the country hopefully in addition to the European countries more and more countries in Asia are receiving bitcoin like the Philippines
MMS2017
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March 22, 2018, 04:00:19 AM
 #373

In the present scenario The European countries and japan and some other big economies are giving importance to the bitcoin and there the ATM services and the bitcoin exchanges are large in number for now the best thing is the bitcoin holding and the bitcoin in our country are not legal as in the other countries the countries like Korea US and Singapore are also bitcoin friendly countries.

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coinsocieties
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March 22, 2018, 04:15:01 AM
 #374

I think the most bitcoin friendly country is japan, korea, and some part of europe country also a friendly bitcoin countrys but not all of them even in here in our country they are not agains bitcoin but they are not help bitcoin too. I mean they dont realy care about bitcoin for today i was hoping that bitcoin will be legal here also to make easy for us to exchange in our local currency.



                                                                                                                                             
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waton gayeng
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March 22, 2018, 04:34:11 AM
 #375

it is great to hear that a lot f countries that are very friendly to bitcoin. As we can see that the development of bitcoin are spreading into the entire world and I believe that there one people who invest in bitcoin in every single day.
mustafizur8400
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March 22, 2018, 04:48:08 AM
 #376

I think Canada and USA are the most convenient place. In Canada , you can see many ATM booths are available and used exclusively by btc users. In USA , central bank is trying to develop some new policies to get the advantage of btc.
blake67
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March 22, 2018, 01:07:02 PM
 #377

The bitcoin friendly countries are japan, Singapore, us, and korea.
KingOfWinterfell01
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March 22, 2018, 01:08:18 PM
 #378

The country where I live is not a bitcoin friendly country, and I know there are some countries , they are quite friendly for bitcoin. even BITCOIN exchange ATM machines are there. Actually I would like to know what are the most Bitcoin friendly countries in the world at the moment?

The friendliest is probably Japan. They're pretty much open to transact in bitcoins and by theory, bitcoins came from Japan and it grew from there. Japan is a haven for bitcoin traders and cryptocurrency investors a like. Eventually everyone will follow Japan's footsteps.

evilgreed
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March 22, 2018, 01:14:42 PM
 #379

The country where I live is not a bitcoin friendly country, and I know there are some countries , they are quite friendly for bitcoin. even BITCOIN exchange ATM machines are there. Actually I would like to know what are the most Bitcoin friendly countries in the world at the moment?

The friendliest is probably Japan. They're pretty much open to transact in bitcoins and by theory, bitcoins came from Japan and it grew from there. Japan is a haven for bitcoin traders and cryptocurrency investors a like. Eventually everyone will follow Japan's footsteps.



           Well i've heard quiet a lot of rumors saying japan is one of the bitcoin friendly countries, and among them i've heard its the most popular and uptrend as of now. Here in our country its not that fully implemented and still they are not open to bitcoin transaction, but there are also few merchants who accepts bitcoin as their payment system.


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cryptofeel
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March 22, 2018, 01:17:38 PM
 #380

Some of  the bitcoin friendly countries include Japan, South Korea, Philippines,Denmark, Germany and Indonesia
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