bitFlyer Exchange

bitFlyer is a cryptocurrency exchange that was founded in 2014. bitFlyer is Japan’s most popular Bitcoin exchange based on trade volume, but the company also offers its services outside of the Japanese market. bitFlyer has also expanded to the US and Europe in 2017 and 2018, respectively, and is the only cryptocurrency exchange in the world that is licensed to operate in the US, EU and Japan. In 2017, bitFlyer became the fourth company to receive the prestigious BitLicense, allowing it to offer cryptocurrency services in the state of New York. 

The BitFlyer exchange has been praised for its customer service, and generally has a positive reputation in the cryptocurrency community. Customer support is available from 9am to 7pm during the week. bitFlyer customers have a choice of two account types: Wallet Class and Trade Class, with the latter having no withdrawal and deposit limits.

bitFlyer also has a crypto derivatives trading platform called LightningFX, which offers customers the ability to trade on margin.

The platform's security measures include cold wallets for storing Bitcoin and encryption that is signed by DigiCert. One novel feature of bitFlyer is that transactions can confirm in just one second using the site’s bitWire technology.

Is bitFlyer safe?

We currently label bitFlyer as a trusted exchange, which means that it satisfies the criteria we have selected for trusted exchanges. Trusted exchanges are more established in the industry and usually have stronger security practices. The “Trusted Exchange” tag is for informative purposes only and does not represent an endorsement from CoinCodex.

How do you put money in bitFlyer?

You can fund your account on bitFlyer by depositing cryptocurrency. Alternatively, you can also deposit fiat currency to bitFlyer via a bank transfer.

Can you deposit fiat on bitFlyer?

Yes, you can deposit fiat on bitFlyer. The exchange supports the , and Japanese Yen. This makes bitFlyer a suitable option if you don't own any cryptocurrency yet. You can deposit fiat currency on bitFlyer and buy your first cryptocurrency.

Can you buy crypto on bitFlyer with credit card?

You can buy crypto with a credit card on bitFlyer. Buying cryptocurrency with a credit card is one of the fastest ways of purchasing crypto, but it typically also comes with substantial fees. Make sure to check the applicable fees before making your purchase.

Can I trade with USDT stablecoin on bitFlyer?

No, you currently cannot trade on bitFlyer with the USDT stablecoin. If you want to trade USDT, you can check out the available options on our list of cryptocurrency exchanges that list USDT.

Does bitFlyer have a mobile app?

Yes, bitFlyer has a mobile app. The exchange’s app is available for Android and iOS. A mobile app will allow you to check the performance your holdings on the exchange and trade cryptocurrencies on the go.

Is bitFlyer a centralized or decentralized exchange?

bitFlyer is a centralized cryptocurrency exchange. This means that bitFlyer manages users’ cryptocurrency deposits, and its systems handle the trades happening on the platform. Centralized cryptocurrency exchanges are suitable for all types of users, ranging from beginners to professional traders.

How many cryptocurrencies can I trade on bitFlyer?

You can trade 5 tokens on bitFlyer across 6 trading pairs.In total, bitFlyer handled $ 61.31M worth of trades in the last 24 hours.