bitFlyer is a crypto exchange which is designed to trade between Bitcoin and fiat currencies. The exchange was founded in 2014 and is considered one of the largest exchanges by volume. Unlike other exchanges, bitFlyer specializes only in Bitcoin. It supports fiat currencies like USD, EUR, and JPY. Japanese users can enjoy more flexible payment options, and more digital currencies are supported like BCH, ETH, ETC, LTC, MONA and LISK. The US bitFlyer users are limited to virtual currency deposits or withdrawals, US dollar deposits or withdrawal via wire transfer and Bitcoin. To bolster security, bitFlyer uses next-generation encryption systems. Additionally, it offers two-factor identification to make the platform securer. bitFlyer offers lightning FX account where the user can deposit funds for quick trades. Creating an account with the bitFlyer is free. For using the lightning account and Bitcoin easy exchange, it charges a fee ranging from 0.01% to 0.15% depending on the amount that is being traded. bitFlyer requires some kind of verification through documents. bitFlyer is one of the safest exchange platforms which is regulated in Japan, Europe, and the US making it the most regulatory compliant exchange of the world. With minimum transaction fees and the secure platform, it is a good exchange for trading in digital assets.
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