Which country trades the most bitcoin

[narielle]

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.

The image just prove that Asian countries are more aware in global changes than other countries right now. As of now, we can see that asians are trying to innovate and be open worldwide in tremendous development in the world of technology. However, USA and other EU countries still uphold the largest volume when it comes in trading. African countries following up also.

[jasydoggye]

USA and Russia are in the top 2 sequence wise. 3rd, 4th and 5th place would go to UK, Venezuela and China according to the order that are written.

[GazorpPozorpec]

The first 3 countries were predictable, but Venezuela? I would never guess.

I think this is very logical. Venezuela is in a protracted financial crisis and people need to have a hard currency (such as bitcoin) to exchange.

[skidanchikbizon]

I think that China will dominate the crypto-currency market in the next 5 years. This will be a good boost for bitcoin prices.

[GreenHarbor57]

Before the ban the answer was undoubtly China but after this incident right now which is the top country in this purpose  still unknown.

[tamradhwaj]

I think the United States is arguably the most bitcoin-friendly country in the world, and trades the most bitcoins , with the currency accepted by both major companies such as Dish Network and an increasing number of small businesses.

[WaterSeal]

China would have been easily in the top 1 position if their government didn't ban exchanges from operating there. Though Venezuela have been recently trading Bitcoins like never before but the amount is still very low for them to come third in the listing. Probably, the BTC to bolivar rate is being ignored here.

[zwiggel]

I think that the Chinese market is trading more bitcoin in the world. With 36% of bitcoins are traded in China. Bitcoin market in China is growing lively. The Chinese government has been racing out the rules to bitcoin long-term operation.

[larrybarg]

As I know that the major market for bitcoin is China. I hear a news that prices cannot increase to the month is the Chinese market that dominate the world market. suddenly the major transaction is in the USA.

[rileyhill]

think chain is the biggest market for bitcoin. Many people trading through it. I also found that usa people also willing to trade with it. So it also the very big market.

[YellowRose]

The listing looks okay to me but they have ignored some small details like exchanges are banned in China which is why the correct volume of BTC being traded there cannot be determined. Moreover, The BTC to national currency rate of a lot of countries are also being ignored, because of that, countries that are dealing with inflation like Venezuela has made it to top 3 in the list.

[jamesbondbd007]

Well, it is China, the biggest market for bitcoin. On the other hand, there is US too. They would greatly make the market of cryptos and bitcoin. But it is believed that within next 5 years US, China and India will be the top 3 country.

[babarian]

it turned out that the United States was fantastic, I never thought that btcoin was spread very much there, I once thought that bitcoin was spinning the most in china or in Japan, but there were many things I didn't know

[luffyzxc]

I think the most bitcoin traded is USA, because theres so many people in USA using bitcoin now and crypto they have biggest market for the cryptocurrency trade, and they have great make the market of bitcoin.

[Sevarchik]

Most of btc's mines in China, be sure it start their way from China.
Bitmain have 2 big pools which consist half hash power of btc network

[bitcoinerror]

Exchanges now account for more than 50% of the market share of many Bitcoins in Japan. Its volume of Bitcoin transactions has increased from 1,845 to 97,815 in 2016, an increase of 53 times. Tech Bureau's Zaif exchange noted that activities related to digital currency in Japan have increased by 514% so far.

[Btcvilla]

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.

in my opinion, almost every country that does not prohibit, does crypto trading, that's why bitcoin has a large price. but if for the Asian, Japanese and Korean markets it is the king.

[Bulljcak]

as far as I know, China is trading the most bitcoin, and even then before there is a prohibition rule there. on the one hand I conclude that bitcoin is still a trade. that means bitcoin is still popular all the time.

as the fast growing country,no wonder why china is trading the most btc.they got many investors and most chinese people are businessman and businesswoman.

[maxilopez]

in Venezuela, an unstable economy and therefore there have placed emphasis on bitcoin is all logical and understandable

[Kate74Bell]

I think the two countries with the highest number of daily Bitcoin transactions are the US and Japan. In these two countries, Bitcoin has been legalized so it is common for people to own and trade Bitcoins daily.