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Author: Admin | 2025-04-28
Cryptocurrencies became very popular in Germany. Currently it’s estimated that 5.8% of Germans own cryptocurrency, with most crypto owners using Bitcoin.Germany is not usually known for its low or favorable tax rates. However, Germany does possess a relatively favorable tax code for crypto. It also has advanced technological infrastructures, allowing it to be one of the most accessible countries for crypto users.Germany is not a tax haven, nor is it a tax-free country on cryptocurrencies. However, it is a more favorable country for crypto investors due to its low tax rates on crypto exchanges.Taxes can be applied to crypto for several reasons, including you get paid in crypto or sell the crypto in under a year and earn over €600. Despite this, Germany remains one of the best places for crypto holders and we’re here to help you make the right choices.Our team at Nomad Capitalist can help you make the best choices with your money. We believe that you should keep more of your money for you and your family. If you want to learn more about how we can help you, contact our staff today.Why Germany?Cryptocurrency has only increased in popularity in Germany over the last decade. When looking for the right place to invest in crypto, it’s a good idea to pay attention to local interest. Just a few stats to demonstrate just how important crypto is to the local economy in Germany:5.8% of German people own cryptocurrency69% of this percentage invest in Bitcoin35% of German crypto holders use crypto for purchases72% of German crypto holders spend at least €100 a month on purchases with cryptoThese stats only serve to demonstrate that crypto is popular, though. How do we know that Germany offers favorable tax status for crypto buyers and sellers?Germany is one of the best countries
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