Bitflyer: Japanese Bitcoin exchange with most trade volume

btcnaughty

newbie

Activity: 4

Merit: 0

Good news. I think it will maybe be possible to margin trade on BitFlyer without a Japanese bank account.

Quote

https://i.imgur.com/xNSfGE4.png

We are happy to introduce our new account class structure to make using bitFlyer even easier.

Effective date: Mon, May 15th 2017
New account class structure: Classic class, Wallet class, Trade class
Your new account class:

Users who made a bitFlyer account on or before March 31st 2017 and do not complete the compliance checklist are assigned to Classic class.
To upgrade to Trade class, please finish the compliance checklist*. After upgrading, you can enjoy all of our services to the fullest!

* Users must complete the submission of some personal information to comply with a revision in the Act on Prevention of Transfer of Criminal Proceeds..

- Enter your personal information
- Submit your proof of identity
- Enter the "Other Information"
- Wait for your address to be verified by receiving a postcard from bitFlyer

Raimonn

legendary

Activity: 1456

Merit: 1001

I have seen on its web, that Bitflyer has an app for iphone and Android, but i don't see it on Applestore. Does anyone know if its only avaible for japanese users, or if they have an english version of the app? Thanks.

btcnaughty

newbie

Activity: 4

Merit: 0

Is here someone how managed to margin trade on their website?(Without a Japanese bank account of course)

Received this news yesterday.

Quote

New leverage ratios up to 15x now available on Lightning FX!
Users can now trade with between 1 to 15 times the amount of their margin deposit!
No-fee trading with Lightning FX! Take long positions or short positions, enabling you to profit even if the Bitcoin price falls.

Qartada

hero member

Activity: 546

Merit: 500

Quote from: pcoin on April 10, 2017, 04:41:15 AM

I would have also like to check the website especially their price rates and mode of deposit after registrations if arbitrage would be possible but it seems they limit access to their website from some countries which is not really necessary due to the heavy security and document they requested before you can transact with them.

I accessed their site when I was in Japan a while ago. They don't really ask for much, if you just give them your email address and facebook or phone verification they let you use up to 250,000 yen per month.*

It is preventing you from staying anonymous when using them, but nearly all Bitcoin exchanges have at least some form of verification and the new Japanese laws are actually starting to suggest verification for exchanges and "know-your-customer laws", Coindesk claims.

*2,247 USD, as of this post.

pcoin

sr. member

Activity: 364

Merit: 250

I would have also like to check the website especially their price rates and mode of deposit after registrations if arbitrage would be possible but it seems they limit access to their website from some countries which is not really necessary due to the heavy security and document they requested before you can transact with them.

bitcoineverything

sr. member

Activity: 504

Merit: 250

InvestnTrade. Latest from the crypto space.

Quote from: calkob on March 18, 2017, 08:11:42 AM

Quote from: bitcoineverything on March 18, 2017, 03:36:10 AM

Hello everyone!

Japan's #1 Bitcoin exchange in terms of trade volume is Bitflyer. The company offers not just a an exchange platform but also tools and information that are useful to Bitcoin and Blockchain enthusiasts. The website is very user friendly and the fees are very competitive. No wonder it has the most trading volume in Japan.

You also forgot to mention that they have the greatest bitcoin add on the internet. And the most gorgeous looking Japanese women working for them. Grin

https://www.youtube.com/watch?v=oy54hfAItHk

That is awesome! I have watched it and its totally entertaining with those beautiful women that seem to be cheering for Bitflyer. Thanks for the share! Cheesy

bitcoineverything

sr. member

Activity: 504

Merit: 250

InvestnTrade. Latest from the crypto space.

Quote from: ekoice on March 18, 2017, 05:54:52 AM

Yes,bitflyer has overthrown US exchanges surprisingly.Japan seems to embrace bitcoin all of a sudden.The battle is between Flyer and Quoine to become largest bitcoin exchange in japan.China remains no1 in bitcoin trading with 91% of trading volumes.

With claims about Nakamoto is living in Japan, it would be very ironic if Japan would not embrace the cryptocurrency. One thing I like about Bitflyer is their very nice and user-friendly website. It is not so overwhelming, especially to Bitcoin newbies. It is also internationally available because of the English language.

Chevas Regal

sr. member

Activity: 378

Merit: 250

www.tgtcoins.com/ico

Quote from: Lucius on March 18, 2017, 06:49:53 AM

Quote from: bitcoineverything on March 18, 2017, 03:36:10 AM

Hello everyone!

--snip--

Good to see that Japan follows bitcoin and that they have such good exchange.One thing to point out is that this exchange have property insurance on users bitcoins with some Japanese insurance company which is very good if someone tries to hack exchange and steal funds.Japan is known as a country of high technology and very valuable people,we can only expect that the good become even better in future.

According to My co-workers who are from Japan, Asō Tarō (Deputy Prime minister of Japan) is strong believer of Digital Payment and this is his effect that they are adopting Bitcoin as their payment system.

Quote from: Lucius on March 18, 2017, 06:49:53 AM

China trading volumes are mostly fake and I do not believe that is 91%,it is definitely a smaller percentage,but China is still number one,there is no doubt about that.It remains to be seen whether all the measures taken by the Chinese authorities divert part of the volume on other exchanges.

One investigation of real bitcoin trading volumes : http://www.coindesk.com/estimating-data-china-real-bitcoin-trading-volumes/

China has always been playing double standards, whether it is in Politics or Making friendship with fellow Asian countries.

Yakamoto

legendary

Activity: 1218

Merit: 1007

Quote from: bitcoineverything on March 18, 2017, 03:36:10 AM

Hello everyone!

Japan's #1 Bitcoin exchange in terms of trade volume is Bitflyer. The company offers not just a an exchange platform but also tools and information that are useful to Bitcoin and Blockchain enthusiasts. The website is very user friendly and the fees are very competitive. No wonder it has the most trading volume in Japan.

I've always been wondering what exactly goes on within other Asian countries, especially some of the markets in Japan. I never really take enough time to go and see what's going on, but information like this is actually something I enjoy seeing here and there.

I'm going to look at some more of this, but I don't think I'll ever have a use for this due to my geographic location.

Lionidas

hero member

Activity: 1008

Merit: 1012

Quote from: Catmony on March 18, 2017, 10:46:47 AM

Quote from: calkob on March 18, 2017, 08:11:42 AM

You also forgot to mention that they have the greatest bitcoin add on the internet. And the most gorgeous looking Japanese women working for them. Grin

https://www.youtube.com/watch?v=oy54hfAItHk

As their promotional video is completely in Japanese language, what we can understand from it is just few gorgeous lady dancing Grin

Actually they have categorized individual account like classes in flight LOL
Never heard about them before, they may have hidden KYC policy which will be quite frustrating for non-Japanese traders.

If they do then that would be their down fall because as the Americans always say
"It's all Japanese to me!" Huh

When they don't understand something.
Let's just hope not for them to stay the biggest exchange outside of China.

Kprawn

legendary

Activity: 1904

Merit: 1073

The Japanese have definitely embraced Bitcoin lately and I can see a future where they would dominate. I am actually surprised that the Chinese

have outsmarted them from the start. They have the technical know how to beat the Chinese, but I do not know if they have the same discipline

and dedication. I am currently working on a import deal for some tech... and we are planning on using Bitcoin as the preferred payment option. Grin

Catmony

hero member

Activity: 854

Merit: 500

Quote from: calkob on March 18, 2017, 08:11:42 AM

You also forgot to mention that they have the greatest bitcoin add on the internet. And the most gorgeous looking Japanese women working for them. Grin

https://www.youtube.com/watch?v=oy54hfAItHk

As their promotional video is completely in Japanese language, what we can understand from it is just few gorgeous lady dancing Grin

Actually they have categorized individual account like classes in flight LOL
Never heard about them before, they may have hidden KYC policy which will be quite frustrating for non-Japanese traders.

Meuh6879

legendary

Activity: 1512

Merit: 1011

Quote from: calkob on March 18, 2017, 08:11:42 AM

And the most gorgeous looking Japanese women working for them. Grin

AKB48 or Generation Girls ?

https://www.youtube.com/watch?v=_mkiGMtbrPM

noodle_dam

hero member

Activity: 530

Merit: 500

I think I will be investing some of my new found coins into this Japanese bitcoin exchange from now on. Just to strengthen there hold on the exchange market and not to put it back into Chinese hands.

Kemarit

legendary

Activity: 3080

Merit: 1353

Quote from: ekoice on March 18, 2017, 05:54:52 AM

Yes,bitflyer has overthrown US exchanges surprisingly.Japan seems to embrace bitcoin all of a sudden.The battle is between Flyer and Quoine to become largest bitcoin exchange in japan.China remains no1 in bitcoin trading with 91% of trading volumes.

Yes, Japan has been betting on bitcoin on the last couple of months. While China is still the dominant country in terms of bitcoin trading, Japan is following suit as well. There are no fee's as well in Japan exchanges if I'm not mistaken. Maybe their is a friendy bitcoin law is Japan, that's why a lot of Japanese is investing in it as well or using bitcoin as mode of payment. Either way, we will see Japan as a dominant force in trading (whether fake volume or not

) in the future.

calkob

hero member

Activity: 1092

Merit: 520

Quote from: bitcoineverything on March 18, 2017, 03:36:10 AM

Hello everyone!

Japan's #1 Bitcoin exchange in terms of trade volume is Bitflyer. The company offers not just a an exchange platform but also tools and information that are useful to Bitcoin and Blockchain enthusiasts. The website is very user friendly and the fees are very competitive. No wonder it has the most trading volume in Japan.

You also forgot to mention that they have the greatest bitcoin add on the internet. And the most gorgeous looking Japanese women working for them. Grin

https://www.youtube.com/watch?v=oy54hfAItHk

Lucius

legendary

Activity: 3234

Merit: 5637

Blackjack.fun-Free Raffle-Join&Win $50🎲

Quote from: bitcoineverything on March 18, 2017, 03:36:10 AM

Hello everyone!

Japan's #1 Bitcoin exchange in terms of trade volume is Bitflyer. The company offers not just a an exchange platform but also tools and information that are useful to Bitcoin and Blockchain enthusiasts. The website is very user friendly and the fees are very competitive. No wonder it has the most volume in trading in Japan.

Good to see that Japan follows bitcoin and that they have such good exchange.One thing to point out is that this exchange have property insurance on users bitcoins with some Japanese insurance company which is very good if someone tries to hack exchange and steal funds.Japan is known as a country of high technology and very valuable people,we can only expect that the good become even better in future.

Quote from: ekoice on March 18, 2017, 05:54:52 AM

Yes,bitflyer has overthrown US exchanges surprisingly.Japan seems to embrace bitcoin all of a sudden.The battle is between Flyer and Quoine to become largest bitcoin exchange in japan.China remains no1 in bitcoin trading with 91% of trading volumes.

China trading volumes are mostly fake and I do not believe that is 91%,it is definitely a smaller percentage,but China is still number one,there is no doubt about that.It remains to be seen whether all the measures taken by the Chinese authorities divert part of the volume on other exchanges.

One investigation of real bitcoin trading volumes : http://www.coindesk.com/estimating-data-china-real-bitcoin-trading-volumes/

ekoice

hero member

Activity: 742

Merit: 500

Yes,bitflyer has overthrown US exchanges surprisingly.Japan seems to embrace bitcoin all of a sudden.The battle is between Flyer and Quoine to become largest bitcoin exchange in japan.China remains no1 in bitcoin trading with 91% of trading volumes.

bitcoineverything

sr. member

Activity: 504

Merit: 250

InvestnTrade. Latest from the crypto space.

Hello everyone!

Japan's #1 Bitcoin exchange in terms of trade volume is Bitflyer. The company offers not just a an exchange platform but also tools and information that are useful to Bitcoin and Blockchain enthusiasts. The website is very user friendly and the fees are very competitive. No wonder it has the most trading volume in Japan.

Topic: Bitflyer: Japanese Bitcoin exchange with most trade volume (Read 1181 times)