Which country is heaven for crypto traders and Exchangers?

[markflayer]

Many Countries have put restriction and banning crypto currencies. In this situation which country you think is supporting crypto currency activities? where Exchangers and traders have favorable environment.

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[iljamlnk]

Singapore is suitable for private investors who want to save themselves from the tax burden - digital coins in the state-city are not considered a commodity and therefore are not taxed. In addition, it is easy to do business there. But the risks are also high - the government can change its policy at any moment, and with the observance of the legislation in Singapore everything is very strict.
Belarus, in which the "crypt" was legalized earlier this year, and for entrepreneurs willing to invest in it, comfortable economic conditions were created.
Switzerland, traditionally famous for its banking system (which, by the way, for some time resisted inclusion in kriptonok), is adjacent to our chart with Russia, where the current blurring of the legislative base opens wide space for maneuver to the crypto entrepreneurs. Switzerland took third place largely due to the number of successful projects registered on its territory, while Russia is more likely because of the aforementioned elasticity of legislation.

[MATHReX]

There are actually many countries in the favor of cryptocurrencies.
Here is the link to the list that I can find online:
https://coinsutra.com/tax-free-bitcoin-countries/
https://fynestuff.com/best-countries-cryptocurrency-investors/

[Crasengover]

I think all the countries that haven't started to regulate cryptocurrencies are good for traders. In Ukraine we don't have any regulation yet, but our government actively disscuss it and promise to legalize cryptocurrencies with taxes or ban if they won't be able to regulate it. But I hope that they wise enough to realize that ban is not a good solution for all of us and for them as well.

[sheenshane]

So far as I know here our country in the Philippines our government was quiet in cryptocurrencies and one of that is bitcoin, they not having any law and regulation on bitcoin or putting a tax on bitcoin besides they recognized bitcoin as one of the currencies that may use in online transaction here our country. As of now in the survey result, we have a huge amount of users that based in bitcoin here.
If I was not mistaken the USA is the most country that rich in crypto, Japan is also rich in crypto but unfortunately lately they
closed 5 exchange site theirs.

[Fazlurkhan.kz]

The United States, Denmark, Sweden, Netherlands, Finland, Canada, UK, Australia and many more countries are cryptocurrencies friendly allowing offers for traders and exchangers. They also support cryptocurrencies as a mode of payment in most of the local shops helping in improving the currency aspect of cryptocurrencies.
Russia, on the other hand, is a great place for miners to be as it will be soon offering tax-free mining areas as they do produce lots of electricity and have started supporting cryptocurrencies.

[kingzpro]

I think many countries are already legalizing crypto currencies by implementing taxes on them, if you are looking for tax free legal countries i think you need to move to off-shore islands maybe, on the serious note, i think singapore and hong kong seems the better places at the moment for cryptos.

[TwSeventh]

it should be Singapore,
you can not compare it to others,because you do not need to pay the taxes unlike other country.
(even though some of it did the same thing like what singapore did to their citizen).
and the second one should be Japanese,
it is a bit strict compared to others,
but their government openly accepted it,so nothing to worry about if you are holding it or using it openly unlike others.

[vaso11]

Many Countries have put restriction and banning crypto currencies. In this situation which country you think is supporting crypto currency activities? where Exchangers and traders have favorable environment.

I think that this is undoubtedly Japan, I believe that the country ahead of the world in the development of cryptocurrency

[leea-1334]

A bit sad to see that we have come to look for countries that are friendly instead of keeping crypto the way it was meant to be. Decentralized. Maybe one day soon we will see true P2P and true decentralization, that countries will try but keep failing to control. I just read today that Pakistan's big exchange has forced to shut down, that is truly sad. But do not worry, this will force people to seek elsewhere to sell and buy. Government cannot stop you sending and accepting crypto. They can try but now even without internet you can access Bitcoin.

[vrabac68]

For me i Europe Switzerland and Estonia are among the ones who will adopt crypto and change the world and hopefully push other countries to adopt crypto

[kolesozw]

Many Countries have put restriction and banning crypto currencies. In this situation which country you think is supporting crypto currency activities? where Exchangers and traders have favorable environment.

From I know, Denmark and Switzerland are the best.
Low or zero crypto taxes, crypto-friendly governments, etc. The biggest con is that both are in top 10 of most expensive countries to live.

[markflayer]

A bit sad to see that we have come to look for countries that are friendly instead of keeping crypto the way it was meant to be. Decentralized. Maybe one day soon we will see true P2P and true decentralization, that countries will try but keep failing to control. I just read today that Pakistan's big exchange has forced to shut down, that is truly sad. But do not worry, this will force people to seek elsewhere to sell and buy. Government cannot stop you sending and accepting crypto. They can try but now even without internet you can access Bitcoin.

Sad to see this. It is bit confusing why Govt's are acting like this.

[Pulafripta]

I can not tell you for shure but I think is a country from asia, maybe Vietnam but I don't know for shure.

[BillCoin]

I would defienetly say Japan, not only because the banks in Japan knows about bitcoin and as long as you pay taxes( usually a bit cheap compared to other countries), you won't have any problem to make banks transfers that are related to bitcoin.

Stores in Japan has a payment system that supports bitcoin and you can pay with bitcoin as easy as you would pay with credit card.
Japan also has huge exchanges with a decent volume, I would say that it is the perfect country for bitcoin traders.

[rumexx]

Russia, Japan and Singapore are some of the countries that has given some level of free hand to cryptocurrency. Their government has been very acceptable to blockchain technology and its principles. This has been noticed in an unhindered operations given to crypto exchangers in these countries.

[markflayer]

I think all the countries that haven't started to regulate cryptocurrencies are good for traders. In Ukraine we don't have any regulation yet, but our government actively disscuss it and promise to legalize cryptocurrencies with taxes or ban if they won't be able to regulate it. But I hope that they wise enough to realize that ban is not a good solution for all of us and for them as well.

I think it is bit risky to go with such countries who did not regulate yet. If they regulate it and ban the crypto currencies or become more strict then can be problem.

[hoangmika9x]

Singapore, Japan, Korean 

[jhongzjhong]

I would defienetly say Japan, not only because the banks in Japan knows about bitcoin and as long as you pay taxes( usually a bit cheap compared to other countries), you won't have any problem to make banks transfers that are related to bitcoin.

Stores in Japan has a payment system that supports bitcoin and you can pay with bitcoin as easy as you would pay with credit card.
Japan also has huge exchanges with a decent volume, I would say that it is the perfect country for bitcoin traders.

Aside from those rich countries in bitcoin for me, Japan is the most among them all, and yes you are right that Japan has the largest trading companies in all countries then I say that they were abundant on cryptocurrencies users and stocks.
The place for traders in Japan, but lately, they are having an issue of bitcoin. So, there are exchange site was decided to close due for that reason.

[Viking81]

I'd like to highlight first of all Japan, and also Malta that aims to be a major crypto-haven for Europe at least. Belarus and Singapore are also favourable countries for cryptotrading.