According to a recent study published by the online investing news and education platform Invezz, Switzerland currently has the most profitable bitcoin traders worldwide. That’s according to data stemming from Chainalysis, Worldometers, and Triple A, which helped Invezz assign each country a score in terms of the most profitable bitcoin trading by country.
Following France on the list of countries, the Czech Republic and Belgium are second and third in terms of the best 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 all the countries listed, Switzerland’s bitcoin traders ruled the roost as far as BTC gains are concerned.
“Switzerland has the most profitable traders at $1,268 of gains per investor, however with only 1.8% of the country invested in crypto, they get knocked down to a sixth-place finish. The Czech Republic is similar,” the invezz.com study details. But both Switzerland and the Czech Republic are much lower on the list than France for specific reasons. “Switzerland and Czech Republic ranking 23rd and 21st respectively, out of 24 countries, for the percentage of population invested in crypto (1.8% and 2.2%), [it] ultimately kills their chances,” Ashmore’s report says. The invezz.com researcher concludes:
It is France [that claims] the title of best bitcoin traders. But there must be something in the water in mainland Europe, because their dominance of the top of the table is clear.
What do you think about invezz.com’s study and the results that show the most profitable bitcoin traders by country? Let us know what you think about this subject in the comments section below.
