Report: Swiss Bitcoin investors saw the most profits in 2021

A caller study by Invezz.com revealed that Switzerland has the astir profitable Bitcoin (BTC) traders globally, with each capitalist making $1,268 gains successful 2021.

However, France emerged arsenic the champion Bitcoin trading federation among the apical 25 countries, excluding China and Taiwan.

The survey relied connected the Chainalysis study of crypto gains by countries successful 2020, but it goes beyond that. Since the U.S. came retired connected apical with $4.1 cardinal successful realized gains successful 2020, this survey took a antithetic perspective.

It utilized a weighted scale to delegate scores to countries based connected the fig of Bitcoin gains per capita, percent of citizens investing successful crypto, and Bitcoin gains per investor. It focused connected the apical 25 countries with the exemption of China and Taiwan.

France ranks apical for crypto trading

The results were rather interesting, with France coming retired arsenic the apical federation for crypto trading. Even though it ranked 12th successful percent of the colonisation investing successful crypto, it is 3rd successful BTC gains per capita and 8th successful BTC gains per investor. 

Other countries that completed the apical 3 are the Czech Republic which ranked archetypal for BTC gains per capita and 2nd for gains per investor, and Belgium, which ranked 2nd for BTC gains per capita and 4th for BTC gains per investor. The debased percent of citizens trading crypto successful some countries affected their last position.

Switzerland, which has the astir profitable investors, ranked 6th due to the fact that lone 1.8% of its residents were crypto investors. But it inactive managed to beryllium ranked 5th for BTC gains per capita.

The BTC gains per capita successful France are $13, portion gains per capitalist were $275. The savviest investors look to beryllium from Switzerland and the Czech Republic, with gains of $1,268 and $1,259, respectively.

According to the report, portion galore different countries placed good successful definite categories, France was the lone state supra mean successful each 3 metrics – the percent of colonisation invested successful crypto, Bitcoin gains per investor, and Bitcoin gains per citizen.

This helped them execute the champion aggregate fertile and assertion the rubric of champion Bitcoin trading nation.

Other countries that completed the apical 10 are Canada, Netherlands, Germany, Australia, the United Kingdom, and the United States. It besides appears that European traders saw much gains than their North American counterparts.