Bitflyer
Briefly About the Exchange
Established in 2014 in Japan, bitFlyer is one of the largest and most reputable cryptocurrency trading platforms. Based in Tokyo, bitFlyer is expanding into the US and European markets and offers different versions of its platform to customers living in different regions. This exchange is popular among users worldwide due to its versatile approach to providing services in a wide range of countries.
Security and Transparency
Based on strict security and transparency standards, bitFlyer has implemented multi-layered security systems, including advanced encryption technologies, cold storage of assets, and two-factor authentication. The exchange regularly undergoes audits, confirming its reliability and commitment to ensuring the safety of user funds and information.
Geographical Reach
bitFlyer operates in many countries, including Japan, the US, and Europe, but at the same time limited to some regions such as Africa, some countries in Asia and Europe, and some areas of North America. The reason is different regulatory and legal frameworks in various regions.
Fees
Fees on bitFlyer vary depending on the user's residence. For example, trading fees for the US are 0.10%, for Europe - 0.20%, and for Japan - 0.15%. These relatively low fees make the platform attractive to traders. It is important to note that there are no fees for depositing funds into your account, while withdrawal commissions are minimal.
Customer Support
bitFlyer support offers assistance via a call center and ticket system. User reviews confirm the high quality of customer support, noting the efficiency and politeness of the managers. The platform also provides valuable guides and articles for beginners to improve their skills and knowledge about the crypto market, learn new strategies, and stay informed about emerging trends.
Cryptocurrencies and Trading Tools
bitFlyer supports many popular assets, including Bitcoin, Ethereum, Bitcoin Cash, Litecoin, Ethereum Classic, LISK, and Monacoin. Important to note that some assets are not available in all regions. For example, MONA and LSK are not available in the US, while XRP is available to Japanese customers only. The exchange offers a variety of trading methods, including instant buying and selling, as well as more sophisticated tools via the bitFlyer Lightning platform for scalping and quick deals.
Mobile App
bitFlyer has developed a mobile application for Android and iOS devices that provides full access to the exchange's functionality, allowing users to trade and manage their accounts on the go.
Overall, bitFlyer stands out for its strive for innovation, security, and quality service. It makes it one of the leading platforms in the cryptocurrency landscape, offering a wide range of services to users with any experience - from beginners to advanced.
CEO at bitFlyer