Reason for this visit

Finland has a friendly approach to the use of cryptocurrencies and is regulated like any other currency. This makes buying and selling it from an exchange simple and straightforward. There are many different Bitcoin and other cryptocurrency exchanges in Finland. Each exchange has different transaction methods and associated fees, as well as withdrawal limits and payment methods.

Bitcoins can also be purchased in Finland via ATMs, which allows people to buy cryptocurrencies immediately with cash. Usually, you need a phone number to verify the payment as long as you don't purchase very large amounts. Bitcoin ATMs can be easily found with the help of the Bitcoin ATM Map. Trading cryptocurrencies in Finland is considered a capital gain and subject to taxation.  However, payments using cryptocurrencies as goods or services are not taxable, as it is considered a transaction. 

Also, it should be noted that as bitcoin's value continues to rise, they are also subject to taxation in Finland. And there are many well-known cryptocurrency exchanges available to the public in Finland. In order to give investors a realistic view of the current situation of Finnish cryptocurrency exchanges, the survey team went to Finland for field visits.

On-site visit

This time the survey team visited the cryptocurrency exchange Coinmotion in Finland, with the specific address at Kauppakatu 39 40100 Jyväskylä Finland.

According to the above address, the survey team went to the destination of this survey, which was located in a town in central Finland, Muramay. The address pointed to a ground floor store in a relatively humble shopping mall. Almost all the stores in the mall were vacant, and the few that were open were all restaurants, with no offices in sight.

The surveyor found the store at the address of the dealer's exhibition, but it was empty. Looking around, they also did not find any information related to the cryptocurrency exchange Coinmotion. Thus, the surveyors confirmed that the dealer did not have an office there.

Conclusion

The survey team went to Murame, Finland, to visit the the cryptocurrency exchange Coinmotion and found no office at its business address. It was supposed that the trader might just use that address to register its company, or there was no offline exhibition place. Please be prudent when trading with this trader.

Disclaimer

The content is for informational purpose only, and shall not be taken as final order for making choice.