One of the most famous Japanese cryptocurrency exchanges Bitflyer was launched in 2014. To date, the Bitflyer exchange has been licensed by Japanese, American and European regulators, and boasts the highest trading turnover in its country. About 7 trading pairs are available on the Bitflye exchange, including Bitcoin and Alcoins, as well as Fiat - the Japanese yen. Traders can use spot trading, futures and margin trading with leverage. The daily turnover on the bitflye platform is about $ 50,000,000. There is a certain type of exchange, among which was bitflyer, which will ask for verification for security purposes. But to get acquainted with the tools on the bitflye platform, the trader only needs to register and connect two-factor authentication for transaction security. There are no limits on deposit replenishment either. Withdrawing funds is also very simple: just go to the appropriate section on the bitflye platform, enter your wallet, the amount and confirm the operation. If you want to withdraw funds in fiat, you will have to verify your bank account. As for the commissions, replenishment of the deposit is free of charge, the withdrawal is charged for the blockchain network, as with most other exchanges. But, what is the big advantage, is the lack of commission for trading transactions with bitcoin and altcoins. True, this applies only to FX trading and futures. In spot trading, the commission depends on the trading pair. For example, Bitcoin with the yen will receive a commission in the amount of 0.15% of the transaction. Spot trading in cryptocurrency pairs - 0.2%. There is also a certain exchange policy, among which is bitflyer, where the commission decreases with the growth of your trading turnover. The security level on the Bitflyer exchange is a very serious advantage. In addition to all kinds of verification levels of the trader, as well as a system with confirmation of each transaction and insurance fund in the bank, the exchange is one of the few who received a Japanese license. There are two trading interfaces on the Bitflyer platform. One for the usual exchange of assets, the second has many serious tools for traders. The combination of factors, including the huge turnover and low commissions, attract more and more traders to it. Among the shortcomings can be called perhaps the small number of available cryptocurrencies and trading pairs, as well as the lack of high-quality localization in major languages including Russian.
Trading volumes on the exchange
Distribution of volumes by pairs