BitFlyer Opens Japanese Bitcoin Market to European Traders
The cross-border initiative opens Japan's high-volume bitcoin markets to European traders courting the bitcoin/yen trading pair.
:format(jpg)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/3CGJ6NPLCFB7NFCA25F2FRCZVQ.jpg)
BitFlyer Europe is giving its European bitcoin traders direct access to the Tokyo-based parent exchange's Japanese liquidity.
- Announced Wednesday, the cross-border initiative opens Japan's high-volume bitcoin markets to European traders courting the bitcoin/Japanese yen trading pair.
- BitFlyer said in a press statement the new approach eases those traders' access to liquidity by doing away with multiple account requirements.
- In the long term, bitFlyer said it plans to unlock cross-border trading pairs across its three active regions: Europe, Japan and the U.S.
DISCLOSURE
Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.
The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity in the form of stock appreciation rights, which vest over a multi-year period. CoinDesk journalists are not allowed to purchase stock outright in DCG.
Learn more about Consensus 2024, CoinDesk’s longest-running and most influential event that brings together all sides of crypto, blockchain and Web3. Head to consensus.coindesk.com to register and buy your pass now.