Food
Cryptocurrency is an acceptable legal tender anywhere in the world. “Anywhere in the world”, does not mean you take ‘cash’ crypto to a pawn shop to get whatever you want. It is an e-currency. Hence, by “anywhere in the world”, it means digital businesses that are run from locations based anywhere in the world. According to a resourceful material on https://insidebitcoins.com/bitcoin-trading, the topmost countries in the world that accept crypto trading, include the US, the UK, Canada, and Australia.
Several UK-based platforms allow bitcoin as the legal trading currency. Many of those platforms are regulated by certain guidelines. For most, of all, FCA act as the primary regulator. Most of the UK-based platforms allow different deposit methods, all of which can be linked within a short time. In fact, either deposit is made via euro or pound, or bitcoin, you can also cash out in any of the currencies as well, when you make transactions that can bring money. Binance and Plus500 are the topmost UK online brands where you can make bitcoin trading if you are in the UK. However, Binance is not an actively-regulated site by the FCA; hence, it does not allow trading CFD products, rather the actual bitcoin transaction.
In the United Kingdom, cryptocurrency trading can be done by common transactional exchanges between a seller and a buyer, or you can invest in other cryptocurrency trading systems that will give you return on investment.
In the United States, trading bitcoin can happen through different methods. The most widely accepted methods are to make sales and purchases on platforms that allow crypto trading and investing in a cryptocurrency trading platform, based in the US. Interested traders of bitcoins buy bitcoin assets on approved websites and they make trades accordingly, not by price or equivalence with other currencies. Some huge risk-takers afford to go for bitcoin trading robot and they wait to get their returns on investment after a while.
Certain states in the United States, such as Las Vegas are more liberal and permit online casinos that allow residents within the states to gamble and earn returns in bitcoins. This allows them to gamble and cash out their profits in cryptocurrency or any other means allowed by a specific casinos.
Crypto Trading in Canada
Canada is like the United States; similar trading rules and methods apply to both.
Gradually, bitcoin is becoming an acceptable trading means for online-based businesses. Sadly, bitcoin and PayPal are barred as transaction means in certain regions of the country. Nonetheless, by using Plus500, you can link your PayPal account and fund your Plus500 account. Funds are transferrable between PayPal and the Plus500 platforms. Then, you can use trade with your Plus500 account. With your Plus500 as a major funding source, you can now purchase bitcoin CFDs as instructed. Australians are also able to trade with bitcoin trader robot, maximizing their bitcoin profits and cashing out the equivalent value of their profit.
Like Australia, New Zealand is gradually embracing cryptocurrency trading. Thus, there are still many platforms where cryptocurrencies cannot be used. Nonetheless, by setting up a funding account source on the Plus500 platform, with PayPal, it becomes possible to trade on several platforms using your Plus500 account. Same conditions are applicable to Australia and New Zealand.
Bitcoin trading in Germany is quite technical. Bitcoin trading faces a lot of negative pressures in Germany, but it is not impossible to trade bitcoin. For the few platforms that allow bitcoin trading, verification processes are always rigorous. By leveraging certain global platforms, folks in Germany can make bitcoin trades via credit and debit card, ACH bank transfer, and other transfer means. Berlin accepted Bitcoin, early enough. Most of the cryptocurrency adoption rate from Germany source from Berlin.
The challenge with cryptocurrency in Germany is that it is not ruled as a financial instrument, even though about 29% of Germans think cryptocurrency is worth investing in, according to a survey by German retail bank Postbank.
Germany also has bitcoin ATMs where people can make certain bitcoin transactions. Furthermore, there are certain companies where people can transact bitcoins and companies to invest in. You don’t have to necessarily look for a German platform, you can check out global bitcoin trading platforms that are eligible for German citizens.
