"Through our web interface or API, traders can get up and running quickly and benefit from some of the most robust systems, highest speeds and an interface designed with their specific needs in mind."
BitFlyer is currently the sixth largest exchange by bitcoin trading volume (BTC/JPY), according to data from CoinMarketCap. Further, it claims to be the first bitcoin exchange to be regulated in Japan, the U.S. and, now, Europe.The payment institution license was granted by Luxembourg regulator, the Commission de Surveillance du Secteur Financier (CSSF), and the Luxembourg House of Financial Technology Foundation (LHoFT).Luxembourg's Minister of Finance Pierre Gramegna was quoted as saying, "We're delighted that one of the most successful Japanese startups chose Luxembourg as their EU platform."Kicking off with just the BTC/EUR trading pair, bitFlyer indicated it is also planning to add more cryptocurrency options, including litecoin, ethereum, ethereum classic and bitcoin cash, later this year. To bring in new EU-based customers, the branch has rolled out zero percent trading fees as an introductory offer until the end of February.BitFlyer launched officially in the U.S. last November, after receiving approval from regulators including the New York State Department of Financial Services.Disclosure: CoinDesk is a subsidiary of Digital Currency Group, which has an ownership stake in bitFlyer.EU flags image via ShutterstockThe leader in blockchain news, CoinDesk is an independent media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. Have breaking news or a story tip to send to our journalists? Contact us at [email protected].
Disclaimer: This article should not be taken as, and is not intended to provide, investment advice. Please conduct your own thorough research before investing in any cryptocurrency.