bitFlyer Launches New Cross-border Trading Feature
Main page News, European Union, Exchange, Japan, Crypto Market, Cryptocurrency Exchanges, Cryptocurrency
Hot topic
Sept. 30, 2020
46 46

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.

Subscribe to our Telegram channel to stay up to date on the latest crypto and blockchain news.

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.

Brave and BitFlyer Partner to Develop a Crypto Wallet for Japanese Users

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.

Access more than 50 of the world's financial markets directly from your EXANTE account – including NASDAQ, London Stock Exchange and Tokyo Stock Exchange.

Read also:
Please describe the error