Slovakia is included in the list of those countries that have already recognized bitcoin and other cryptocurrencies. However, in 2018, the state tightened its attitude towards digital currencies and businesses with their participation. Slovak banks, at the initiative of local regulators, began to liquidate the accounts of enterprises that are associated with cryptocurrencies. They have introduced pan-European restrictions that increase control over the crypto sphere. The European Parliament believes that many crypto transactions are used to sponsor financial terrorism and fraudulent schemes. Regulators have tightened the circulation of non-fiat money and licenses that are issued for the exchange of cryptocurrencies. At the same time, in the legislation of Slovakia, non-fiat currencies such as ethereum, ripple, litecoin and others are not subject to precise regulation by law. As for the rest of the exchange or other transactions, they, like bitcoins and altcoins, do not have proper regulation by the state, but at the same time they do not go beyond the boundaries of the legal field.

In Slovakia, you can start your own business to exchange fiat money for cryptocurrency and vice versa. Such companies are created in accordance with the international policy of the EU. The main requirements for creating a company are:

• physical location of the company;
• registration of office and staff;
• the minimum amount of start-up capital is 5,000 euros;
• preparation of a business plan and description of the software for a couple of years ahead;
• provision of documents according to the KYC policy;
• full compliance with the rules for safe technical support.

If you are interested in cryptocurrencies and want to know the rate of cryptocurrencies, or buy bitcoin in Slovakia, then we have an advantageous offer for you!

The Buycoin.online crypto exchange was developed especially for our clients from Slovakia! We advise you to familiarize yourself with its main advantages and understand why so many users prefer it.

The main advantages of Buycoin.online:

• Working in automatic mode 24/7/365 simplifies the work with the service and saves your precious time.
• You can make transactions in any convenient place. All you need is just access to the Internet.
• The Buycoin.online crypto exchanger has the appropriate licenses for working with cryptocurrency, which are valid throughout the European Union, as well as on the European market.
• We have developed a special protection for user data, without transferring confidential information to third parties.
• The variability of the cryptocurrency series makes it possible to choose the most suitable cryptocurrency for you, for example: BTC, BCH, BSV, ETH, LTC, XRP, ETC, XMR, USDT, DOGE, DASH, ZEC, TRX, BTH, QTUM, NANO and others.
• The Buycoin.online website contains the most popular exchange directions: btc usd, btc eur, eth dollar, xrp usd and others, which you can find by going to the exchange directions page.
• We value each of our clients, therefore we have developed a two-level referral program that allows you to receive additional funds from each transaction in the form of cashback. You also have the opportunity to receive cash interest from referrals invited by the link, who will have to register on the Buycoin.online website and complete at least one exchange operation. You can learn more about this information by clicking on the link — https://buycoin.online/loyalty.
• During the period of our existence, we have gained an impeccable reputation among a large number of satisfied users. To familiarize yourself with their reviews, you can go to the «Reviews» page. The name of our service is also mentioned on external sites — thematic forums, authoritative monitoring of cryptocurrency exchangers, as well as review sites.

To see for yourself the above advantages of the Buycoin.online exchange service, you only need to use our crypto exchanger once and join our rapidly growing number of satisfied customers. You can be sure that your exchanges will be carried out in complete confidentiality and without additional fees.

If you enter the world of crypto — then do it together with Buycoin.online!