Study: Switzerland Has ‘the Most Profitable Bitcoin Traders’ Worldwide, While France ‘Is the Best Bitcoin Trading Nation’

According to a caller survey published by the online investing quality and acquisition level Invezz, Switzerland presently has the astir profitable bitcoin traders worldwide. That’s according to information stemming from Chainalysis, Worldometers, and Triple A, which helped Invezz delegate each state a people successful presumption of the astir profitable bitcoin trading by country.

Researchers Rank the Best Bitcoin Trading Nations and the Most Profitable Bitcoin Traders by Country

This week, invezz.com researchers published a study that looks astatine the astir profitable bitcoin traders by state by leveraging statistic from aggregate datasets. The study’s writer Dan Ashmore explained 1 dataset stemmed from Chainalysis, which shows the apical 25 countries successful the satellite by realized bitcoin (BTC) gains successful 2020.

The apical 15 state rankings according to invezz.com’s probe team.

This served arsenic the study’s backdrop, arsenic the invezz.com probe squad besides utilized statistic from Worldometers and Triple A. While the information shows Switzerland presently has the astir profitable bitcoin traders worldwide, France is the apical state successful presumption of “the champion bitcoin trading nation.”

“[France] ranked 12th successful the percent of the state invested successful crypto (3.3%), but an awesome 3rd and eighth respectively successful bitcoin gains per capita and bitcoin gains per investor, astatine $275 and $13 respectively,” Ashmore’s study explains. “While a batch of different countries placed good successful definite categories, France was the lone state to beryllium supra mean successful each 3 metrics.”

Invezz.com Study: ‘France Claims the Title of Best Bitcoin Traders, Switzerland Has the Most Profitable Traders astatine $1,268 of Gains per Investor’

Following France connected the database of countries, the Czech Republic and Belgium are 2nd and 3rd successful presumption of the champion bitcoin trading nations. Then there’s Canada, Netherlands, Switzerland, Germany, Australia, United Kingdom, United States, Spain, Japan, Ukraine, South Korea, and Italy respectively. Other notable countries included Argentina, Vietnam, Poland, Russia, Thailand, Brazil, Turkey, and India. Out of each the countries listed, Switzerland’s bitcoin traders ruled the roost arsenic acold arsenic BTC gains are concerned.

“Switzerland has the astir profitable traders astatine $1,268 of gains per investor, nevertheless with lone 1.8% of the state invested successful crypto, they get knocked down to a sixth-place finish. The Czech Republic is similar,” the invezz.com survey details. But some Switzerland and the Czech Republic are overmuch little connected the database than France for circumstantial reasons. “Switzerland and Czech Republic ranking 23rd and 21st respectively, retired of 24 countries, for the percent of colonisation invested successful crypto (1.8% and 2.2%), [it] yet kills their chances,” Ashmore’s study says. The invezz.com researcher concludes:

It is France [that claims] the rubric of champion bitcoin traders. But determination indispensable beryllium thing successful the h2o successful mainland Europe, due to the fact that their dominance of the apical of the array is clear.

What bash you deliberation astir invezz.com’s survey and the results that amusement the astir profitable bitcoin traders by country? Let america cognize what you deliberation astir this taxable successful the comments conception below.

Image Credits: Shutterstock, Pixabay, Wiki Commons, invezz.com’s study

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