What is bitFlyer?
bitFlyer is a cryptocurrency exchange that enables users to buy, sell, and trade a variety of cryptocurrencies. It is known for its user-friendly interface and strong security measures.
Who is the Founder?
bitFlyer was founded by Yuzo Kano in 2014.
When Did It Start Operations?
bitFlyer began operations in January 2014.
Where Is It Based?
bitFlyer is headquartered in Tokyo, Japan.
In Which Countries Is It Banned?
bitFlyer primarily serves users in Japan and the United States but may face restrictions in certain regions, including:
- China: Cryptocurrency exchanges are banned.
- Other Countries: Various jurisdictions may have regulations that limit access to bitFlyer’s services.
What Is the Trading Fee?
bitFlyer’s trading fees typically range from 0% to 0.15%, depending on the specific trading pair and the user’s trading volume.
Is Margin Trading Available?
Yes, bitFlyer offers margin trading, allowing users to trade with leverage. This feature enables traders to borrow funds to increase their positions, which can amplify potential returns but also increases risks.
