Disclaimer: This information should not be interpreted as an endorsement of cryptocurrency or any specific
provider, service or offering. It is not a recommendation to trade.
Which fiat and cryptocurrencies are supported?
- Supported fiat currencies:
USD, EUR, JPY
- Supported cryptocurrencies:
5 cryptocurrencies
Which payments methods are accepted?
- Bank transfer (ACH)
- Cryptocurrency
- Wire transfer
What is bitFlyer?
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.
How much will it cost me to use bitFlyer?
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.
How fast are my funds available?
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.
Are there any transfer limits with bitFlyer?
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 |
Is it safe to use bitFlyer?
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.
- Privacy. To create an account, US residents in supported states must provide an email address, personal information, a valid photo ID and, if requested, a recent utility bill that confirms your address.
- Security. To increase your account security, bitFlyer offers optional two-factor identification. Enable 2fA through your account’s security settings.
Compare alternatives to bitFlyer
Not yet rated
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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
Outgoing Wire Transfer: $25
Fees vary by location and payment method.
|
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Not yet rated
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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)
|
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Not yet rated
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Cryptocurrencies
BTC, ETH, USDT, XRP, ATOM, XTZ, XLM, LINK, CRO, BCH & 50+ more
|
---|
Deposit method
Credit card, Cryptocurrency, PayPal, TransferWise, SEPA
|
---|
Trading fee
Maker: 0.04-0.20%
Taker: 0.10-0.20%
|
---|
Withdraw fees
Cryptocurrency: Fees vary
|
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Customer support
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 and cons
Pros
- BitFlyer Lightning — available to Trade Class or above — allows you to buy bitcoin quickly.
- A robust system supports a high volume of trades.
- Professional trading dashboard and charting features help beginners and experts.
Cons
- Fees vary by service, which can be hard to narrow down.
- Supports bitcoin, bitcoin cash, ethereum, ethereum classic and litecoin only
- Site and help sections can be difficult to navigate.
Next steps
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.

FAQs
Disclaimer: Cryptocurrencies are speculative, complex and involve significant risks – they are highly
volatile and sensitive to secondary activity. Performance is unpredictable and past performance is no guarantee of
future performance. Consider your own circumstances, and obtain your own advice, before relying on this information.
You should also verify the nature of any product or service (including its legal status and relevant regulatory
requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may
have holdings in the cryptocurrencies discussed.