Has anybody used bitFlyer? | Bitcointalksearch.org

jondigo

newbie

Activity: 9

Merit: 0

Quote from: Samarkand on February 10, 2018, 06:11:27 AM

Quote from: jondigo on February 09, 2018, 10:06:47 AM

...

This is their JPY fees: https://bitflyer.jp/en-jp/Commission?top_link
...

Thank you for the link.

Do they even offer margin trading at the European exchange yet? I know
that they offer up to 15x leverage on their Japanese exchange, but I´m not sure
whether their license in Europe would even allow them to offer anything but a
spot market.

You are correct. After verification they don't have margin/leverage option.

Samarkand

sr. member

Activity: 658

Merit: 282

Quote from: jondigo on February 09, 2018, 10:06:47 AM

...

This is their JPY fees: https://bitflyer.jp/en-jp/Commission?top_link
...

Thank you for the link.

Do they even offer margin trading at the European exchange yet? I know
that they offer up to 15x leverage on their Japanese exchange, but I´m not sure
whether their license in Europe would even allow them to offer anything but a
spot market.

jondigo

newbie

Activity: 9

Merit: 0

Quote from: Samarkand on February 09, 2018, 06:17:08 AM

Quote from: jondigo on February 08, 2018, 07:01:34 PM

...

Only downside is their low daily volume. They will catch up when more people join.

Yes, the volume is pretty low at the moment.
Only ~5 BTC of trading volume in the last 24 hours is pretty negligible.

Have they already released their fee schedule for the time when the initial
waiver of fees is over?

This is their JPY fees: https://bitflyer.jp/en-jp/Commission?top_link

They don't have fees either in USA, in February. I guess they will extend the period for their Europe clients in March until they reach a good daily volume.

BTC-JPY 24 hours Volume: 1438.62 Ƀ (241498 Ƀ including all)
BTC-USD 24 hours Volume: 472.72 Ƀ
BTC-EUR 24 hours Volume: 6.14 Ƀ

Note that many users might use free leverage. I wonder if it's calculated into the volume. (should not)

Samarkand

sr. member

Activity: 658

Merit: 282

Quote from: jondigo on February 08, 2018, 07:01:34 PM

...

Only downside is their low daily volume. They will catch up when more people join.

Yes, the volume is pretty low at the moment.
Only ~5 BTC of trading volume in the last 24 hours is pretty negligible.

Have they already released their fee schedule for the time when the initial
waiver of fees is over?

jondigo

newbie

Activity: 9

Merit: 0

BitFlyer Europe launched on January 22th.

https://www.businesswire.com/news/home/20180122006686/en/bitFlyer-Launches-Europe-World%E2%80%99s-Bitcoin-Exchange-Regulated

They were well prepared for that launch, so it is one of the fastest application I did!

https://bitflyer.com/en-eu

Verification was quite done fast as well. Also they answer tickets in less than 24 hours...

So to all Europe people, go sign there... NO FEES until February 28.

Only downside is their low daily volume. They will catch up when more people join.

Samarkand

sr. member

Activity: 658

Merit: 282

bitFlyer (based in Japan) is currently the exchange with the highest marketshare of all
BTC exchanges.

1 bitFlyer BTC/JPY $374,405,000 $4073.27 15.17% Recently (Coinmarketcap)

Has anybody used bitFlyer? It is obviously attractive to trade at the exchange with
the highest marketshare and their fee structure looks reasonable.
However I couldn´t find any information, which countries are even accepted.
I know they announced to service certain US states in the last days, but how
is the situation for people based in Europe?
Is it possible to trade at bitFlyer from Europe? Are the verification
requirements reasonable?

I´d be thankful for your experiences.

Topic: Has anybody used bitFlyer? (Read 303 times)