Study: Switzerland has the “most profitable bitcoin traders” and France is the best country for bitcoin trading
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Answer Study: Switzerland has the “most profitable bitcoin traders” and France is the best country for bitcoin trading
Switzerland leads the world in terms of the most profitable bitcoin traders at the moment, according to a recent study published by online investment news and education platform Invezz.
The author of the study, Dan Ashmore, collected his data from Chainalysis and Worldometers, and his study included the top 25 countries in the world in terms of Bitcoin “BTC” gains achieved in 2020.
While the data showed that Switzerland currently has the most profitable bitcoin trader worldwide with an average of $1,268, France is the best country in terms of “trading bitcoin.”
France ranked 12th in the volume of cryptocurrency investment (3.3%) of the global investment volume, but it came in third and eighth place, respectively, in terms of profit per capita and per investor, with a total of $275 and $13, respectively.Read:Chinese Cryptocurrency Exchanges Suspend Futures Trading Services
While a lot of other countries rated well in certain categories, France was the only country to score above average on all three measures.
The Czech Republic and Belgium ranked second and third after France in the list of the best countries to trade bitcoin.
Then Canada, the Netherlands, Switzerland, Germany, Australia, the United Kingdom, the United States, Spain, Japan, Ukraine, South Korea, and Italy, respectively.
Although Switzerland has the most profitable traders with a total of $1,268 per investor, it is ranked sixth in the ranking of the best cryptocurrency exchanges, with only 1.8% of the country investing in cryptocurrencies.Read:Cryptocurrency exchange Huobi discontinues its services for Chinese users
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