CryptoEnthusiast
Sat Jun 08 2024
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5 answers
1156
Do Saudis own Bitcoin?｜As of May 2022, 3 million Saudi Arabians, which form 14 percent of the adult population aged between 18 and 60, were either current owners of crypto assets or had traded them in the previous six months, a survey by KuCoin exchange revealed.
Do Saudis actually possess Bitcoin? The KuCoin exchange has released some intriguing data. It seems that, as of May 2022, approximately 3 million Saudis - accounting for a noteworthy 14 percent of the adult population aged between 18 and 60 - have either held crypto assets or engaged in trading them within the past six months. Is this a significant figure? Does it reflect a widespread acceptance or merely a niche interest? And what types of crypto assets are Saudis primarily investing in? Bitcoin, specifically, or perhaps other altcoins? This survey certainly raises more questions than it answers.
BlockchainWizard
Sat Jun 08 2024
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5 answers
1445
How to transfer Bitcoin to bank account?｜A: To transfer Bitcoin to a bank account, . Withdrawal times and fees vary depending on the exchange.sell your Bitcoin on a crypto exchange for fiat currency.
How exactly do I go about transferring Bitcoin to my bank account? I'm interested in knowing the steps involved and whether there are any specific considerations I should make, like withdrawal times or associated fees. Also, could you elaborate on selling Bitcoin on a crypto exchange for fiat currency? I'm curious about the process and any potential challenges I might encounter.
EnchantedDreams
Sat Jun 08 2024
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6 answers
1354
What is the cheapest way to buy Bitcoin in Australia?｜The cheapest way to buy Bitcoin on an exchange is by placing a "market order" using the spot market. This will let you buy as much Bitcoin as you like for the lowest price currently available. The spot market is the part of the exchange where you trade with other users.
I don't understand this question. Could you please assist me in answering it?
KabukiPassion
Sat Jun 08 2024
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5 answers
986
Which country Bitcoin is legal?｜As of now, El Salvador and the Central African Republic (CAR) are the only two countries in the world where Bitcoin functions as a legal currency.
Could you please elaborate on the status of Bitcoin's legality around the globe? As I understand, currently only a couple of countries recognize it as a legitimate form of currency. Could you specify which these countries are? Are there any other nations that are considering or in the process of legalizing Bitcoin? Also, do you foresee any potential changes in this regard in the future, perhaps with more countries adopting Bitcoin as a legal tender?
CryptoWizardry
Sat Jun 08 2024
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6 answers
1386
Can I buy Bitcoin with Binance in Spain?｜, which account for a combined 280,000,000 active users. After signing up to an exchange you will need to verify your identity and address, which is part of the Know Your Customer (KYC) process.Spain has 8 trusted exchanges available for you to sign up for, with the most popular being Coinbase and Binance
Could you please clarify if it's possible to purchase Bitcoin through Binance in Spain? Given that Binance and Coinbase are among the eight trusted exchanges operating in Spain, I'm interested in understanding the process involved, especially the Know Your Customer (KYC) verification. Could you also elaborate on any specific requirements or steps I need to take to successfully complete the purchase? Thank you for your assistance in this matter.
