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Author Topic: Which country is heaven for crypto traders and Exchangers?  (Read 476 times)
markflayer (OP)
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April 17, 2018, 04:49:06 PM
 #41

There are no absolute good places. I found that some projects were registered in some remote countries, so as to achieve tax avoidance and strict review.

Yes, Due to restrictions now most project are registering in remote countries.
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April 26, 2018, 11:00:22 AM
 #42

I think it is Germany, the country without crypto restriction and taxes. These are "private money" for the citizens of Germany, the cryptocurrency is not stated as stocks or usual currency.
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April 26, 2018, 11:07:41 AM
 #43

I am from Lagos(Nigeria) and there is no any restrictions for crypto,no taxes,no goverment control or something like this.We have our national  world -wide famous exchange NairaEx and you dont need to be veryfied there.So everybody with your crypto welcome to my country!
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April 29, 2018, 11:41:37 PM
 #44

Well, Denmark is a very good country to be in for trading and dealing with the crypto world. There are no taxes of the reason of their country's rule.
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April 29, 2018, 11:46:55 PM
 #45

I think Japan is a the paradise for crypto traders and exchangers. Another country that i always see on the radar when it comes to cryptos is Russia.

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April 29, 2018, 11:52:13 PM
 #46

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/

That is really one good list you have there. Worth the research time in terms of places where we can do crypto well without the legal and government headache. Even with such a list though we still need to be very careful at these kinds of places. Very careful.


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May 02, 2018, 06:59:24 PM
 #47

I think Japan is a the paradise for crypto traders and exchangers. Another country that i always see on the radar when it comes to cryptos is Russia.
Russia is not much crypto friendly country. Most people are preferring offshore countries now.
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May 02, 2018, 07:12:29 PM
 #48

I would say those countries which doesnt have any existing regulations or restrictions with the use of cryptocurrencies,countries which has cheap electricity for the miners ,and those countries that are fully supporting cryptocurrencies there are few countries but most of these countries are going to be more powerful to those countries which has banned cryptocurrencies.

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May 02, 2018, 08:27:20 PM
 #49

Venezuela is so friendly towards crypto that they have even created their own currency! Surprisingly, there aren't any big exchanges over there yet, but it's just a matter of time before a new binance appears for the south american market.

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May 02, 2018, 08:32:58 PM
 #50

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.
For greater clarity, I will attach a map which shows the attitude of countries to cryptocurrencies at the moment. But the judge in the global plan yet, so as not developed a streamlined framework.

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May 02, 2018, 08:41:57 PM
 #51

I'd say Switzerland is/will be the heaven all is looking for. After all, they are aiming to become "the crypto-nation" then I'd say Russia will be the other after the release of Russian Cryptocurrency, I don't know why but when thinking about that I feel safer about cryptocurrencies.
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May 02, 2018, 08:46:04 PM
 #52

I am not so interested of where is the best place now, but where the best place will be in the near future.
I believe that UK is going to take steps forward after Brexit. They are very flexible when comes into inviting money into the country.

 
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May 02, 2018, 08:50:36 PM
 #53

i think malta is a heaven for crypto enthusiast. https://www.bloomberg.com/news/articles/2018-04-23/how-malta-became-a-hub-of-the-cryptocurrency-world-quicktake
the biggest exchanger in the world, binance move to malta because this country is very welcome with anything that contains cryptocurrency

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May 02, 2018, 08:51:58 PM
 #54

The Island of Malta, Singapore and Switzerland are the few ones I've seen. Venezuela is also embracing cryptocurrencies in a bid to boost their petro. In some time to come, we may realize that these countries will be at the forefront of technology if other countries still criticise it. Blockchain has brought a lot of innovation to the way we do things.

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May 02, 2018, 09:06:14 PM
 #55

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.
as far as the information I heard I only heard about Japan, Singapure and Russia are very friendly with Bitcoin and people who are involved in Bitcoin... CMIIW  Grin



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May 02, 2018, 09:10:05 PM
 #56

Obviously Japan, however, they are very strict about their local exchanges. The most friendly to crypto exchanges for me is Malta that's why Binance and OKEX. And they are now passing 3 bills that most likely will attract more ICO projects and trading platforms to go there. And then there is also the Baltic Tigers who are also slowing gaining some grounds as far as being friendlies. My point is, crypto is slowly gaining some grounds and if there are countries being harsh on it, there are also nations who chooses to sit on the opposite end and take advantage of being a safe haven for all things related to crypto.

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May 02, 2018, 09:10:14 PM
 #57

Of course this is Switzerland. I saw the image of this giant glowing Bitcoin on the wall of Schweizerische Nationalbank in the twitter. Have you seen this 2 days ago? On all economic points this is the most loyal place for investors and developers, well, except the Silicon Valley. You can read more on the link.
https://www.newsbtc.com/2018/04/30/publicity-stunt-sees-bitcoin-logo-projected-on-swiss-bank-in-zurich/
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May 02, 2018, 09:19:02 PM
 #58

For me it is the country which doesnt have any regulation,restrictions for the cryptocurrencies,country which has good support from the community.I wont be wasting my time and effort if my country does have a lot of regulations because you wont enjoy the benefit of having cryptocurrencies just like china is,totally banned any acitivities with connections in cryptocurrencies.

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May 02, 2018, 09:20:46 PM
 #59

Undoubtedly the most favorable country is Belarus! In this country all conditions for development are created!

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leecoinus
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May 02, 2018, 09:25:03 PM
 #60

I see singapore and hong kong as two paradise for traders
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