bitFlyer USA lists Japanese yen bitcoin market (BTC / JPY) »CryptoNinjas
bitFlyer, Japan’s largest cryptocurrency trade and the one trade licensed to function within the US, EU and Japan, immediately introduced that US-based shoppers will lastly have entry to probably the most giant world bitcoin market to Japanese yen (BTC / JPY) through their bitFlyer United States Account.
Traditionally, Japan has all the time been one of the crucial essential markets within the cryptocurrency house attributable to its excessive ranges of adoption within the early levels of the trade, its complete regulatory frameworks, and its market dynamics. distinctive worth.
As Japan’s largest cryptocurrency trade, bitFlyer is a number one gateway to the Japanese crypto market. In line with a bitFlyer ballot performed earlier in March of this 12 months, 35% of those that purchased crypto in Japan used bitFlyer to take action. Moreover, within the first quarter of 2021, bitFlyer’s BTC / JPY spot market posted a transaction quantity of over $ 30 billion, representing 40% of the Japanese bitcoin ecosystem.
“Crypto is a worldwide market. Nevertheless, the present world regulatory and banking framework has created obstacles between areas, making it tough to entry markets around the globe and in the end creating inefficiencies. As the primary scholarship to acquire a bachelor’s diploma in the United States, Japan and Europe, our aim is to take away these obstacles and permit anybody entry to world markets, so as to totally unleash the facility of cryptocurrencies in a regulated method. Over the subsequent few months, we’ll proceed to open up new markets and supply our prospects with distinctive new enterprise alternatives that solely bitFlyer can ship. “
– The bitFlyer team