Switzerland has the most profitable Bitcoin traders worldwide

Switzerland presently has the most profitable Bitcoin traders in the world, according to recent research published by the online investing news and education portal Invezz. This is according to statistics from Chainalysis, Worldometers, and Triple A, which assisted Invezz in assigning a score to each country in terms of the most profitable Bitcoin trading per country.

Researchers at invezz.com produced a report this week that examines the most lucrative Bitcoin traders by country using facts from multiple datasets. Dan Ashmore, the study’s author, described one dataset derived from Chainalysis, which displays the top 25 countries in the world by realized Bitcoin (BTC) gains in 2020.

The invezz.com research team also used statistics from Worldometers and Triple A as a backdrop for the study. While Switzerland now has the most successful Bitcoin traders in the world, France is the top country in terms of “the best Bitcoin trading nation.”

“France ranked 12th in the percentage of the country invested in crypto (3.3%), but an impressive third and eighth respectively in bitcoin gains per capita and bitcoin gains per investor, at $275 and $13 respectively. While a lot of other countries placed well in certain categories, France was the only country to be above average in all three metrics,” Ashmore’s report explains.

Following France on the list of countries, the Czech Republic and Belgium are second and third in terms of the best Bitcoin trading nations. Out of all the countries listed, Switzerland’s Bitcoin traders ruled the roost as far as BTC gains are concerned.

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

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