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Cryptocurrency is becoming an increasingly useful tool for tourists travelling around the world. Here is a list of countries tourists can pay with cryptocurrency in 2024 1. El Salvador became the first country in the world where Bitcoin was recognized as legal tender. The bitcoin law came into effect on September 7, 2021, making El Salvador a pioneer in cryptocurrency legislation. 2. Malta is known for its progressive stance on blockchain technology and cryptocurrencies. Its government has passed a number of laws aimed at creating a favourable environment for cryptocurrency companies and startups. 3. Canada is a strong supporter of cryptocurrencies and blockchain technology. There are more than 1,500 bitcoin-ATMs installed in the country, making the use of cryptocurrency convenient for tourists. 4. Germany is one of the most cryptocurrency-friendly countries in Europe. Bitcoin and other cryptocurrencies held for more than a year are exempt from capital gains tax, making the country attractive to long-term investors. 5. Estonia is one of the most advanced countries in blockchain technology and cryptocurrencies. 6. Portugal is a tax haven for crypto investors. Cryptocurrency transactions are not subject to VAT, which makes it attractive for tourists. 7. Switzerland provides many tax benefits for cryptocurrency users, making it one of the most crypto-friendly countries. #ETHETFsApproved #StartInvestingInCrypto #btc70k #BinanceLaunchpool #BTC

Cryptocurrency is becoming an increasingly useful tool for tourists travelling around the world. Here is a list of countries tourists can pay with cryptocurrency in 2024

1. El Salvador became the first country in the world where Bitcoin was recognized as legal tender. The bitcoin law came into effect on September 7, 2021, making El Salvador a pioneer in cryptocurrency legislation.

2. Malta is known for its progressive stance on blockchain technology and cryptocurrencies. Its government has passed a number of laws aimed at creating a favourable environment for cryptocurrency companies and startups.

3. Canada is a strong supporter of cryptocurrencies and blockchain technology. There are more than 1,500 bitcoin-ATMs installed in the country, making the use of cryptocurrency convenient for tourists.

4. Germany is one of the most cryptocurrency-friendly countries in Europe. Bitcoin and other cryptocurrencies held for more than a year are exempt from capital gains tax, making the country attractive to long-term investors.

5. Estonia is one of the most advanced countries in blockchain technology and cryptocurrencies.

6. Portugal is a tax haven for crypto investors. Cryptocurrency transactions are not subject to VAT, which makes it attractive for tourists.

7. Switzerland provides many tax benefits for cryptocurrency users, making it one of the most crypto-friendly countries.

#ETHETFsApproved #StartInvestingInCrypto #btc70k #BinanceLaunchpool #BTC

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Crypto Trader Terminology🧑‍💻 part l Welcome to the world of cryptocurrency trading! Let's look at the basic concepts that you will encounter on the path to success. 1. HODL - Derived from a misspelling of the word “hold”. The term refers to the long-term holding of cryptocurrency in hopes of its growth. 2. FOMO (Fear of Missing Out) - Fear of missing out on a profitable opportunity. Leads to impulsive purchases when the price has already risen significantly. 3. FUD (Fear, Uncertainty, and Doubt) - Fear, uncertainty and doubt. Dissemination of negative information to reduce the price of an asset. 4. Pump and Dump - A scheme in which the price of an asset is artificially inflated (pump) and then sold, leading to its collapse (dump). 5. Bear Market - A market with falling prices. The bear attacks by moving from top to bottom, which symbolizes falling. 6. Bull Market - Market with rising prices. The bull attacks by raising its horns upward, symbolizing growth. 7. Whale - "Whales". Big players whose transactions can significantly affect the market. 8. Altcoins - Alternative coins, all cryptocurrencies except Bitcoin. 9. ICO (Initial Coin Offering) - Initial coin offering. A way to attract investment when new projects issue their tokens. 10. DeFi (Decentralized Finance) - Decentralized finance. An ecosystem of financial services on the blockchain operating without central authorities. 11. Shilling - Aggressive advertising or promotion of a coin, usually with the goal of increasing its value. 12. DYOR (Do Your Own Research) - Do your own analysis. Call for the need to independently study information before investing. ⛔️ Remember that success in trading is not only intuition, but also deep knowledge of the market. HODL, don't give in to FOMO and always do DYOR! #altcoins #FOMO #FUD #DYOR #HODL
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