Post
Topic
Board Bitcoin Discussion
Re: Is it easy to spend btc in your country?
by
UmerIdrees
on 30/04/2025, 21:36:53 UTC
There are so many different rules in different countries, sometimes even BTC is banned, yet there are still BTC transactions in these countries. How does it work? Is it easy to sell btc in your country, or to buy something with it? What have you bought, for example? Or what are you planning to buy?
In my country Bitcoin is not banned but it's kinda hard for one to sell or buy bitcoin from somebody. However in some places in my country, a lot of people still don't understand Bitcoin and if you find yourself in such places, it will be hard for you to see someone that accepts crypto currency (Bitcoin) in his business.
Actually only few places you can use your Bitcoin to exchange for what you bought and such places is in a well developed area.
Moreover it's easy to buy and sell your Bitcoin through p2p transactions from a reputable exchange.

Same here in my country. Although the legal status of bitcoin is still isn't known in crypto but still not many are openly involved in crypto. You will find most people who may be doing bitcoin trading or investments but they wikk never tell to anyone. It is the fear that Law enforcement agencies will bully you if they know you have crypto stored with you.

Recently, a separate section has been made in the cabinet for crypto and CZ was also appointed the head for that but they are yet to make announcements for crypto adoptions and roll out policies on where to use it legally and define its taxation process.