Bitcoin Friendly countries - page 9.

TelevisionLover

jr. member

Activity: 59

Merit: 3

Quote from: swaggx on March 21, 2018, 03:08:49 PM

And what is the situation with BTC to FIAT withdrawal and vice versa? Is it easy and allowed? How much is the commission?

For example, in Russia any exchanges is semi-illegal. Such business exist but it can't work publicly. And commission can be from 2% to 10% depend on the market situation. What is your situation?

Near me, there are Bitcoin ATMs with cash out options. (I am in the USA).

They only require one form of government identification (like drivers id) and let you cash out at the ATM. You only provide verification once, after that it is just facial recognition. They take a 15% fee on sales under 500 USD, 10% from 501-2000 USD, and a 8% on anything larger..

It seems to be completely legal, they used to only allow buying. When the ATM version of crypto "cash out" was introduced really spurred growth in our town. A lot more people in to crypto once they realized they can get their money out instantly from an atm instead of waiting however long it took for bank transfer or having to deal with p2p marketplaces online.

swaggx

newbie

Activity: 16

Merit: 0

And what is the situation with BTC to FIAT withdrawal and vice versa? Is it easy and allowed? How much is the commission?

For example, in Russia any exchanges is semi-illegal. Such business exist but it can't work publicly. And commission can be from 2% to 10% depend on the market situation. What is your situation?

coinliker

member

Activity: 416

Merit: 42

i am from Bangladesh and here also bitcoin is not legal by govt. in fact many of them were not to know what is cryptocurrency! how it use! but now changed thing little bit. People are here want to know bitcoin and altcoin and they are vary much interested to know more about block chain technology. Here electronic media also start to talk about bitcoin and they are very much positive about it their report. so i think Bangladesh will also bitcoin user friendly country very soon

arondaly

jr. member

Activity: 96

Merit: 1

Switzerland, Singapore, Japan

pumbum

full member

Activity: 434

Merit: 100

I'm from Russia and I can say that there is a less loyal attitude to cryptocurrencies. what will have to go through until it becomes really legal and open around the world, no one knows, so it is difficult to assess where to move only on this criterion

anushkasachith888

member

Activity: 546

Merit: 12

Quote from: wndrbr3d on March 13, 2018, 08:57:13 AM

Quote from: anushkasachith888 on January 15, 2018, 05:40:27 AM

The country where I live is not a bitcoin friendly country, and I know there are some countries , they are quite friendly for bitcoin. even BITCOIN exchange ATM machines are there. Actually I would like to know what are the most Bitcoin friendly countries in the world at the moment?

You can find here a lot of info about Bitcoin Legality in different countries + many interesting facts: https://en.wikipedia.org/wiki/Legality_of_bitcoin_by_country_or_territory

Hi, Thank you for the link friend, It is more valuable, I have already went through it,

MMA

legendary

Activity: 1134

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Quote from: Sexie on March 11, 2018, 09:38:50 PM

Quote from: anushkasachith888 on January 15, 2018, 05:40:27 AM

The country where I live is not a bitcoin friendly country, and I know there are some countries , they are quite friendly for bitcoin. even BITCOIN exchange ATM machines are there. Actually I would like to know what are the most Bitcoin friendly countries in the world at the moment?

The most Bitcoin friendly in the world at the moment is Japan. For them Bitcoin is their modern innovation as it was the creator of Bitcoin is Japanese Satoshi. It became so popular in the world that south Korea also wanted to legalise of using Bitcoin. The south east Asian countries Will do friendly also to Bitcoin. Great Britain, some part of Europe and the United States. They can not stop it so easily because it is a digital currency, Transactions are being done through internet or even exchange Bitcoin to cash through ATM Machines around United States or even through money remittances.

Yes that is right japan can be consider as the most friendly country of bitcoin, but i that even those countries who have still do not given any statement about bitcoin can be called as friendly, because they still do not banned bitcoin in their country, and hopefully that most of the countries will take a right decision about bitcoin, hopefully they will turn bitcoin as legal currency very soon.

CutieKeisha

newbie

Activity: 42

Merit: 0

I hope more countries will legalize or use bitcoin

josegr4ham

member

Activity: 280

Merit: 10

Europe is pretty bitcoin friendly and I think here bitcoin can become a payment method faster than in other countries

wndrbr3d

hero member

Activity: 914

Merit: 500

Quote from: anushkasachith888 on January 15, 2018, 05:40:27 AM

The country where I live is not a bitcoin friendly country, and I know there are some countries , they are quite friendly for bitcoin. even BITCOIN exchange ATM machines are there. Actually I would like to know what are the most Bitcoin friendly countries in the world at the moment?

You can find here a lot of info about Bitcoin Legality in different countries + many interesting facts: https://en.wikipedia.org/wiki/Legality_of_bitcoin_by_country_or_territory

gloriam5

newbie

Activity: 86

Merit: 0

almost all countries are cautious about bitcoin, even in Ukraine there are some places where it is possible to calculate bitcoin, but nevertheless, the government allegedly forbids it)

nebuch

member

Activity: 588

Merit: 11

Quote from: ankurguta87 on January 15, 2018, 05:49:51 AM

Europe, Japan, Canada, Isreal, Korea, US, Singapore are some major countries where bitcoin has legal status. There are many other countries like India, Rusia those are preparing a draft for bitcoin legalization.

Bitcoin friends all over the world doing the most effort to promote this bitcoin role in the future. Being friend of this crypto can make the country more productive in some part most specially business part. It can boom the business income. It can make more job opportunities. It can give unemployed work to love. This is just part of what bitcoin benefits to its country's friends. The more the countries draw to bitcoin the more bitcoin can do things in one country and can be to another country too.

Dmitry.Vastov

hero member

Activity: 840

Merit: 520

Quote from: anushkasachith888 on January 15, 2018, 05:40:27 AM

The country where I live is not a bitcoin friendly country, and I know there are some countries , they are quite friendly for bitcoin. even BITCOIN exchange ATM machines are there. Actually I would like to know what are the most Bitcoin friendly countries in the world at the moment?

Bitcoin is an asset for the planet and will going to be the future of finance in the coming era and years are not away when it will replace the paper currency and everyone have to accept this fact and now it's up-to them that how long will they take to accept it. There are several countries that showed the green flag to BTC and allowed use of bitcoin in their nation. Like Canada, Japan, U.S., has legalized bitcoin in their nation and their resident enjoying BTC there.

Sexie

member

Activity: 420

Merit: 10

Quote from: anushkasachith888 on January 15, 2018, 05:40:27 AM

The country where I live is not a bitcoin friendly country, and I know there are some countries , they are quite friendly for bitcoin. even BITCOIN exchange ATM machines are there. Actually I would like to know what are the most Bitcoin friendly countries in the world at the moment?

The most Bitcoin friendly in the world at the moment is Japan. For them Bitcoin is their modern innovation as it was the creator of Bitcoin is Japanese Satoshi. It became so popular in the world that south Korea also wanted to legalise of using Bitcoin. The south east Asian countries Will do friendly also to Bitcoin. Great Britain, some part of Europe and the United States. They can not stop it so easily because it is a digital currency, Transactions are being done through internet or even exchange Bitcoin to cash through ATM Machines around United States or even through money remittances.

aeternus

sr. member

Activity: 686

Merit: 250

Quote from: voron84-05 on March 10, 2018, 05:50:04 AM

Why is the country's friendliness to bitcoin important?
Bitcoin is an alternative to the established world order, he and the other alts were created just so that there would be a choice.and if the States begin to be friendly towards him, then they will begin to regulate and control it and what's good about that?
In which case bitcoin will lose its essence.

Because many want to eventually convert their bitcoins to fiat most people currently holding bitcoin are doing it as an investment, so I get your point, but at the same time we cannot realistically expect that governments are not going to try to regulate it, even if we don't like it, it is the most logical play for them after all they cannot leave a new currency that they cannot control without any kind of regulation

nikola22

full member

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Merit: 105

recently Germany recognized bitcoin for legal and tax purposes. maybe other countries will follow.

GoodLuck2

sr. member

Activity: 630

Merit: 251

Quote from: james23 on March 10, 2018, 05:45:29 AM

Quote from: anushkasachith888 on January 15, 2018, 05:40:27 AM

The country where I live is not a bitcoin friendly country, and I know there are some countries , they are quite friendly for bitcoin. even BITCOIN exchange ATM machines are there. Actually I would like to know what are the most Bitcoin friendly countries in the world at the moment?

Yes bitcoin is friendly and it is also a big blessing for everyone who keep holding working in a bitcoin society

Bitcoin is a currency for local people, for those who are not living in mansions, not staying in seven star hotels rather are spending whole day in searching for a job which can at least let them help and feed their families. I seriously condemn those who are against this currency which is there to serve common man. It is very easy to make money with it, you simply need to hold it for a good time period, nothing else.

Lintel

sr. member

Activity: 638

Merit: 300

Quote from: anushkasachith888 on January 15, 2018, 05:40:27 AM

The country where I live is not a bitcoin friendly country, and I know there are some countries , they are quite friendly for bitcoin. even BITCOIN exchange ATM machines are there. Actually I would like to know what are the most Bitcoin friendly countries in the world at the moment?

I have limited knowledge about coutries who are supporting bitcoins and what you call bitcoin friendly countries. But I knew few Like New zealand and australia. I know their government are supporting bitcoins. my country Philippines , bitcoin is also legal.

voteformeg

legendary

Activity: 1932

Merit: 1005

i live in holland and we have absolute more places with a bitcoin ATM , there is also a city called , Arnhem , where you can pay with bitcoin for your haircut and/or your shopping from supermarket

De Suga09

full member

Activity: 352

Merit: 125

Quote from: anushkasachith888 on January 15, 2018, 05:40:27 AM

The country where I live is not a bitcoin friendly country, and I know there are some countries , they are quite friendly for bitcoin. even BITCOIN exchange ATM machines are there. Actually I would like to know what are the most Bitcoin friendly countries in the world at the moment?

You can actually search online but here are some references on what countries consider bitcoin legal.
https://www.investopedia.com/articles/forex/041515/countries-where-bitcoin-legal-illegal.asp

The leading countries are the US, Canada and Australia.
In contrast, countries that say NO to bitcoin are Iceland,Bolivia and China surprisingly.

Topic: Bitcoin Friendly countries - page 9. (Read 2248 times)