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Author Topic: Which country trades the most bitcoin  (Read 2552 times)
Rkss4
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August 30, 2018, 02:38:41 PM
 #121

There are many countries such as united states of America (USA), UK, China, Canada, Australia, New Zealand, Austria, Switzerland, Italy, Japan, Spain, Ireland, Finland etc are the bitcoin friendly countries.

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August 30, 2018, 02:46:13 PM
 #122

I don't know about the most bitcoin traders, as I know that China is the big country that mining some bitcoin, I have read in an article that there are the mining place that use many mining rig at the same time

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August 30, 2018, 03:02:41 PM
 #123

I think that countries with top economic development will be the focus of many BTC deals. Example: America, China, ...
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August 30, 2018, 03:07:54 PM
 #124

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.

Quated for the picture.

It's because localbitcoins reports the price in usd at the official rate bolivar/usd.
In reality, the volume far is smaller

Switching the chart from BTC to bolivars you will see the difference.

Besides, that's data only for lcoabitcoins, most people in the EU and US don't use local bitcoins but exchanges...to which Venezuelans have no access.






I think this picture has said it all. With this the country that traded more of bitcoin is clean clear. Though the picture may not justify the real fact but atleast it gives a clear view.

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August 30, 2018, 03:48:51 PM
 #125

There are a lot of countries and among them as far I know China was holding the number position but after ban which country take the position is totally unknown.
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August 31, 2018, 03:26:22 AM
 #126

it looks like the Chinese market will still dominate, as we know that there are very many miners in China
the number of miners in China is 70% of the total miners in the world, that's why they will sell large amounts of BTC every day
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August 31, 2018, 04:03:05 AM
 #127

In this list China Was garbed the number one position and still bitcoin maximum users are from china though it is now ban from there and right now we can consider Argentina.
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August 31, 2018, 04:12:56 AM
 #128

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 any country it might not be a problem as long as it does not harm other investors and is growing rapidly in the future

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August 31, 2018, 07:26:47 AM
 #129

I think getting an exact data is not possible because of anonymity in transactions. But It might be possible that jaoan and america has highest number of crypto trader because crypto is legalize in these two countries.
I Also believe it to be The United States Of America!
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August 31, 2018, 09:46:28 AM
 #130

    The blockchain and cryptocurrency community is growing rapidly and can have economic benefits  .  The legal status of Bitcoin varies from country to country .The Bitcoin trading volume shows that Venezuela is increasingly  turning to Bitcoin, since Venezuela is experiencing the worst hyperinflation this is why Venezula has the fourth highest trading volume in the world for Bitcoin. as far I think that China may be having the most Bitcoin even though China has banned Bitcoin since the population is great in China

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August 31, 2018, 09:56:33 AM
 #131

Well with the first all is clear. One of the largest countries in terms of population. Well, China of course. But Venezuela has 28 million inhabitants. Maybe there are Americans close, it's cheaper for them to settle there Huh
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August 31, 2018, 10:04:11 AM
 #132

I think the country that are trading the largest volume of bitcoin would be United States of America now, after the officials of China decided to ban all crypto-currencies exchanges operating in their country last year, United States of America have certainly overtaken most countries in the trading volumes on bitcoin, I guess the only remaining countries left in Asia now with a good trading volumes on bitcoin daily are Japan and South Korea.

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August 31, 2018, 10:23:01 AM
 #133

The cryptocurrency market is always busy, the top three countries are the US, Russia, UK ... I'm still referring more comments from friends.
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August 31, 2018, 10:37:44 AM
 #134

I think the United States has the highest Bitcoin trading since its latest outbreak of $ 17,000 comes from the co-founder of Paypal Peter Thiel, who is also a wolf on Wall Street, buying in. million USD Bitcoin.
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August 31, 2018, 10:43:21 AM
 #135

noted the trend that in countries with a weak economy and the national currency, bitkoni is very common. I would not be surprised if bitcoin becomes very popular in Turkey in the near future
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August 31, 2018, 10:45:44 AM
 #136

I think the United States has the highest Bitcoin trading since its latest outbreak of $ 17,000 comes from the co-founder of Paypal Peter Thiel, who is also a wolf on Wall Street, buying in. million USD Bitcoin.
The Bitcoin trading volumes show that Venezuelans are increasingly turning to Bitcoin to preserve what little wealth they have left and to circumvent oppressive capital controls. That’s why Venezuela now has the fourth highest trading volume in the world for Bitcoin.Other countries are USA,RUSSIA and UK.
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August 31, 2018, 10:50:50 AM
 #137

United States of America trades the most bitcoin in the world .Bitcoin is an electronic asset which can operate world wide for the benefit of the human being .It has specific features such as a decentralized one, anonymous,all transactions are recorded in an electronic ledger with block chain technology.Nearly 48 percentage of the bitcoin trades are from USA and the number of exchanges are very high .Bitcoin is linked with the modern technology and its popularity is wide spreading world wide.
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August 31, 2018, 11:28:29 AM
 #138

In my opinion to measure which countries have more Bitcoin, there are many countries that bring fame to Bitcoin like Vietnam, South Africa, Japan, etc. I think Vietnam is a place where most of Bitcoin is used. That's what I know, see the newly updated chart.
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August 31, 2018, 11:46:23 AM
 #139

it is interesting that Russia is in second place. I did not think that our country has money at all Grin

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August 31, 2018, 11:50:03 AM
 #140

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.

Venezuela is in a difficult situation. I read a lot of articles about this country. They have a national currency default. And many people to save their money to buy bitcoin. This is their last chance to save money. By the way, I also read that they created their national coin, which was equated to a barrel of oil. )))

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