BitFlyer is a bitcoin exchange designed to help you trade between bitcoin and fiat currency. Calling itself “the world’s largest bitcoin exchange,” it offers a professional dashboard and multiple periodic promotions that supports fiat deposits and withdrawals.
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Fiat currencies
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Cryptocurrencies
| Product Name | bitFlyer Cryptocurrency Exchange - US |
|---|---|
| Fiat Currencies | USD, EUR, JPY |
| Cryptocurrencies | BTC, ETH, ETC, BCH, LTC |
| Deposit Methods |
Bank transfer (ACH) Cryptocurrency Wire transfer |
| Trading Fee | 0.1-6% |
| Deposit Fees | None |
| Withdrawal Fees |
Cryptocurrency: Fees vary
ACH: None Fedwire: $10 |
Founded in 2014, bitFlyer is an exchange out of Japan that’s among the largest by volume, boasting nearly 1 million users. In 2016, the company extended its virtual trading into the US.
Note that services are not yet available to residents of California, Colorado, Connecticut, Hawaii, Louisiana, Massachusetts, Minnesota, Nevada, West Virginia or Wyoming.You won’t pay anything to create or maintain an account with bitFlyer. But you’ll need to fund your account with US dollars from a bank account through a wire transfer. BitFlyer doesn’t charge a fee for incoming wire transfers — but your bank might.
As of this writing, bitFlyer does charge a $10 fee to withdraw US dollars to your bank account. It also charges a .0008 BTC fee on bitcoin deposits and withdrawals. Additional bitcoin transaction fees vary depending on your trading volume and frequency.
Funds that you deposit to bitFlyer through your bank’s wire transfers are typically available in one business day, depending on bank hours and holidays. For all to go without a hitch, the name on your bank account must exactly match that of your bitFlyer account.
BitFlyer enforces limits that depend on your account type: Trade or TradePro.
| Trade | TradePro | |
| Maximum daily bitcoin transactions | $2,000 | $50,000 |
| Maximum daily US dollar transactions | $2,000 | $50,000 |
| Maximum single transaction | $3,000 | Unlimited |
Yes. While cryptocurrencies are known for volatility and the general risks associated with trading bitcoin, bitFlyer offers a robust security infrastructure to protect your personal and financial details.
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Cryptocurrencies ATOM, BAT, BTC, BCH, XRP, DAI, DASH, EOS, ETH, ETC & 30+ more |
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Deposit method Bank transfer (ACH), Credit card, Debit card, Bank transfer (SEPA), Wire transfer |
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Trading fee Fees vary |
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Withdraw fees
Instant Card Withdrawal: Up to 1.5% of the transaction plus a minimum of $0.55
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Cryptocurrencies BTC, ETH, BCH, XRP, DASH, LTC, ETC, ADA, MIOTA, XLM & 5+ more |
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Deposit method Bank transfer, Credit card, Debit card, Neteller, PayPal, Online banking, Skrill |
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Trading fee Fees vary. Overnight and weekend fees apply |
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Withdraw fees US$5 (minimum withdrawal of US$50) |
Not yet rated
| Go to site |
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Cryptocurrencies BTC, ETH, USDT, XRP, ATOM, XTZ, XLM, LINK, CRO, BCH & 50+ more |
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Deposit method Credit card, Cryptocurrency, PayPal, TransferWise, SEPA |
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Trading fee
Maker: 0.04-0.20%
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Withdraw fees Cryptocurrency: Fees vary |
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BitFlyer offers a moderately thorough documentation section online, although it can be difficult to navigate.
To contact support with bitFlyer, look for the “Contact” page in the site’s footer. You might need to search “contact us” to find a link to the support form through an existing FAQ answer.
Pros
Cons
To get started with bitFlyer, visit its site to create an account.
To begin trading, you must provide an email address and personal information. Once bitFlyer approves your account, you can initiate a wire transfer to add funds and get trading.
