Which country is heaven for crypto traders and Exchangers?

[adzino]

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!

Exchanging between coins from exchange on your country is actually fine but the issue will take place when trying to withdraw the fiat through the same exchange. Transactions taking place from Nigeria might cause a lot of red flags and people may have to deal with a lot of unnecessary and unwanted issues.

[1714605664]

1714605664

[1714605664]

1714605664

[david0ikari]

It depends if you want to be millionaire in FIAT, if this is the case go to Netherland tax on crypto is less than 2%, after that Denmark, Sweden, Finland . But some research need to be made 

[DariaBriklaiz]

3 monthes ago I listened than Republic of Belarus implement 0% taxes for incomes in cryptocurrencies. But few days ago Belarus applies mandatory varification for cryptotraderes

[Boristhecat]

I think these countries now do not exist and will not exist. The ideal country is where this activity is legal and not taxed. None of the existing states (from developed countries) can establish such conditions.

[barlo357]

For me its Japan because I think crypto currency originate from them, I know they are strict when it come to local exchange but it fits for them as a heaven for crypto traders and exchangers.

[Titus Maximus]

It depends if you want to be millionaire in FIAT, if this is the case go to Netherland tax on crypto is less than 2%, after that Denmark, Sweden, Finland . But some research need to be made 

Denmark is Number 1 without any Cryptocurrency tax, whatever you make is your’s.
Nerherlands comes in on 2nd position, very liw tax but still more than in Denmark
Switzerland: aims to be the crypto country N1 in Europe and overall considered by crypto friendly

[olsyd]

On the post-Soviet space I know one country, it is Belarus, in this country crypto-currencies mining and trading is officially allowed. I'm not sure that this is a paradise, but at least there you can safely deal with crypto business

[Xiadas]

Recently a lot were done for crypto in Malta, Belarus trying do the same. That's what I've heard. The situation is as for anything in crypto - stay in touch with last news

[kipozer]

Before, I would say that this is Belarus, but now I think that in Singapore today is a very good place, as Japan has lost a large number of projects that would have developed very well today in Japan, but still I think that they moved to Malta

[deadthings]

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.

In my opinion every country with legalized cryptocurrency are heaven, because this is a very important issue that makes everything easy.

But if you are looking for the best country you must find place where taxes is the lowest

[patt0]

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.

Right now, the best ones seem to be Japan ad Switzerland, although I keep hearing that Australia is on a good track as well. I guess that overall, most developed countries are not closing doors to bitcoin, and are doing a decent job in terms of regulation. I just don't like the way some countries are taxing bitcoin, since they want to tax it as property, and that won't be good for bitcoin's goals.

[nick_nick]

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.

Japan has been leading the campaign when it comes to countries that are cryto friendly. However, others like Sweden, Denmark, Finland, Singapore, Switzerland and Canada seems to have favourable conditions for the cryptocurrency.

[auy]

I heard that the Cayman Islands are interested in representatives of the cryptocurrency world by the fact that here the tax rate for any activity is 0%, with the exception of the mandatory duty of 7.5% when selling or transferring real estate.

[dangdangdang]

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.

Philippines is one of the most crypto heaven for our people as there are no even little crypto regulation as it is being said that our country Philippines is on of the most Bitcoin and cryptocurrency friendly in the world.
Being a Filipino crypto enthusiast is a lucky one because we have freedom to invest, trade and change our crypto assets into fiat anytime and anywhere.

[hsnjtdj]

Japan, Sweden, Switzerland, Bermuda, Germany, Israel, Venezuela. These countries are friendly to encrypted transactions. The trading environment is relatively loose.

[wayancrypto]

I know some country like Japan that really supporting cryptocurrency, and their country legalized crypto and crypto there can be use for daily transaction to buy good and service. They manage crypto and blockchain technology in very well. Should others country follow it because actually crypto will give many advantages to the many people, this technology can make revolusioner and make this world better. In my country crypto still not allowed for daily basis transaction, crypto only allow to trade it on the exchange.

[4garret]

China is the country that has the greatest impact on the bitcoin market because it has the most exchanges and also countries that have smart technology. China is a country with the largest bitcoin miner in the world. Wallet cryptocurrency has increased from 5.8 million to 11.5 million which is currently still active and working in China.

[tolobua]

Users and investments in crypto by US citizens or those domiciled in the country. These investments include trading, wallet, payment, and bitcoin mining, from cryptocurrency owners in the United States choosing bitcoin as a means of transaction for 12 months throughout 2016. While 46% of users who invest in Coinbase / ARK use bitcoin as a transaction tool at least once in a year.

[kevingreen]

Asian countries like Singapore, Japan, Hong Kong and China are really coming up with good regulatory system mostly Singaporean seems to be on the forefront. In Europe countries like Switzerland,Germany, Malta, Denmark and others are doing well, they are very professional in it.

[Yotarzan]

Avoid China and USA. I live in Europe and had zero issues with taxes  or restrictions.