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What is bitFlyer and how does it work?

Founded in Japan in 2014, bitFlyer offers a very short menu of coins—just five in total—at industry-low trading prices. It’s this focus on doing just a few things extremely well that has led bitFlyer to become one of the largest crypto exchanges in Japan.

Is bitFlyer a good cryptocurrency exchange?

bitFlyer Review. bitFlyer is Japan’s biggest cryptocurrency exchange, and one of the biggest in the world. It launched in 2014, and added separate US- and EU-based operations at the end of 2017.

What are the pros and cons of trading with bitFlyer?

A small perk of trading with bitFlyer is that you can open an account first, and verify your identity later once you need to increase your account limits. If you do not want to upgrade your account at first, you will have to deposit up to EUR 250 or its equivalent first before you can start making bitcoin or other crypto deposits.

Where is bitFlyer exchange located?

In early 2018, bitFlyer exchange has decided to expand its reach beyond Japan, and also opened fully-regulated counterparts in the United States and Europe. The United States version of bitFlyer, bitFlyer USA, is based in Silicon Valley, San Francisco, California.

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