Cryptocurrency exchange bitFlyer has launched a new cross-border trading feature that allows users to get the deep liquidity of the Japanese bitcoin market from Europe.
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The exchange says it is the first time when all European users can access one of the largest bitcoin markets in the world, "while still under the umbrella of our European-regulated platform."
From now on, the exchange’s users from the European market can access new trading areas which was not accessible before for non-Japanese users. Users can now access BTC/JPY trading with one account, removing the need to open multiple accounts across different exchange platforms, enhancing security and easing access, bitFlyer said in an official announcement.
The exchange says its long-term objective is to list "all spot trading pairs available across all regions," including BTC/JPY in the US, BTC/USD in Europe and Japan, and BTC/EUR both in Japan and the US.
iHodl earlier reported that bitFlyer Europe started supporting PayPal deposits. Jacek Bastin, bitFlyer Business Strategy Manager, says the objective of integrating the new deposit method is to remove entry barriers for new clients.
Deposits via PayPal are not supported by any other crypto exchange at press time. However, Coinbase does allow withdrawals.
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