Why Costa Rica Has Chosen The Pro-Crypto Trading Way?

Cryptocurrencies have literally divided the world into 2 opposing camps: some see it as speculation and a bubble that must burst sooner or later; others believe that cryptocurrencies and blockchain technology are the future of finance. Costa Rica has definitely chosen the second way.

Another advantage of the country, Costa Rica stands for peace and liberty, apart from the whole Latin American region, which is most politically unstable. Costa Rica is considered one of the most developed countries in Central America, demonstrating relative stability.

The best pair to trade in Costa Rica

The most popular trading pair in the country is the BTC/CRC pair: Bitcoin and Colón, the national currency of the Republic of Costa Rica. Due to the influence of various factors on BTC/CRC pairs, it demonstrates an adequate level of volatility, so it’s very attractive for trading. Traders like BTC/CRC for the constancy of fluctuations and the ability to play on corrections.

Bitcoin in everyday life

Some companies accept cryptocurrencies as a payment for their services, like i.g. AlfaTop enables users to pay using a choice of 5 different cryptos. It’s one of the few countries in the world where citizens can legally be paid in digital money. This works according to the following formula: workers receive the minimum wage in fiat money and the rest can be paid using cryptocurrency.