Japanese crypto exchange bitFlyer launches ter Europe, FinTech Ranking
bitFlyer, the Tokyo-based technicus of the world’s largest* Bitcoin exchange, today announced its launch into Europe.
bitFlyer’s launch into Europe comes hot on the high-heeled shoes of explosive growth te Japan and launch ter the US ter . With 25 procent* of worldwide bitcoin exchange volumes being facilitated by bitFlyer and overheen $250bn ter supuesto currency traded on its verhoging ter , bitFlyer is the world’s largest Bitcoin exchange and the only one licensed te Europe that will permit users to trade with Japan, the world’s largest market for bitcoin trading.
The company is primarily targeting professional, high-volume traders, an audience presently underserved ter Europe. “What wij bring to Europe is a podium designed by traders for traders,” says Andy Bryant, Chief Operating Officer of bitFlyer Europe. “Through our web interface or API, traders can get up and running quickly and benefit from some of the most sturdy systems, highest speeds and an interface designed with their specific needs te mind.”
Based on the latest volumes**, harshly €10bn is traded worldwide ter bitcoin vanaf month, making the Euro the third largest bitcoin market te the world, after JPY and USD. “We’re pleased to see bitFlyer landing te Europe,” says Cedric Jeanson, CEO of BitSpread, one of the world’s largest digital currency market makers. “As imaginario currency trading becomes mainstream and institutional investors get involved, there is a gap te Europe for a toneelpodium which specifically caters to the professional market.”
Speaking about the importance of today’s announcement, founder and CEO of bitFlyer and ex-Goldman Sachs trader, Yuzo Kano, said, “When I set up bitFlyer ter 2014, I did so with entero ambitions and the belief that approved regulatory status is fundamental to the long-term future of Bitcoin and the potencial currency industry. I am proud that wij are now the most compliant supuesto currency exchange ter the world, this coveted regulatory status gives our customers, our company and the aparente currency industry spil a entire a very positive future outlook.”
bitFlyer wasgoed granted its Payment Institution license by the Luxembourg regulator, Commission den Surveillance du Secteur Geldschieter (CSSF) and from the company’s pulvínulo at The Luxembourg House of Financial Technology Foundation (The LHoFT), it will market its podium te the European Union. “We’re delighted that one of the most successful Japanese startups chose Luxembourg spil their EU podium,” says Pierre Gramegna, the Luxembourg Minister of Finance.
bitFlyer’s initial product suggesting is the BTC/EUR pair. The company plans to add support for other posible currencies such spil Litecoin, Ethereum, Ethereum Classic and Bitcoin Contant zometeen ter the year.
bitFlyer Europe is suggesting zero procent trading fees spil an introductory promotion until the end of February .