BitFlyer review

The Asian continent is considered to be the birthplace of cryptocurrency. In this regard, this region gave the world most of the crypto exchanges. One of them is BitFlyer. This trading platform has a massive turnover of assets and brings together millions of traders. What caused the popularity of the exchange, and what are its main features? You will learn from our BitFlyer review.

Brief information about BitFlyer

BitFlyer is a well-known crypto exchange that confidently enters the top 10 of any ratings. She appeared in 2014 and has just stopped her work for a minute today. Its owner is BitFlyer Japan. Having conquered the Asian market, the company began to look for investors in America and the EU. These searches were successful, thanks to which the subsidiaries BitFlyer USA and BitFlyer Europe S.A. appeared. They began to operate successfully in different countries, leading to a rapid increase in customers. This was also facilitated by the openness of companies and their cleanliness before the law. BitFlyer has offices in Tokyo and several US and EU cities. They are happy to receive customers and try to listen to their wishes. 

BitFlyer is considered the world leader in many ways. However, users often call it a classic crypto exchange with several features of its own. This site is ideal for experienced traders. It opens up ample opportunities for them to improve their trading skills and increase capital. Also, the exchange will be familiar to beginners. For them, all conditions for professional growth and a quick gain of experience are created here. The BitFlyer website does not impress with its design and set of available information. At the same time, it is simple and convenient to use. Its interface is implemented in English and French, which are spoken by most of the users. 

BitFlyer customers will also like a competitive pricing policy. Most of the services are free of charge so everyone can use them. At the same time, the exchange charges a commission for conducting trading operations and depositing/withdrawing funds. In all cases, it is pretty low, which is an essential advantage over competitors.

Important features

Hundreds of BitFlyer reviews prove the simplicity of working on the exchange. However, you must adhere to a specific algorithm of actions to achieve this. So you definitely won’t go astray and won’t make many mistakes.

The order of actions to be performed:

1. The first step is to go to the BitFlyer web resource.
2. At the top of any page is the inscription “Create an Account.” Clicking on it will redirect you to the registration form.
3. In the empty field, enter only the email.
4. After that, you agree to register, and an email with a password to enter your account will be sent to your e-mail.
5. Remember it and open your account.
6. Next, fill in the empty fields in the user profile and start verifying. The latter is a rather complicated process that will take much time. You need to confirm your phone number, link at least one social media account, and upload scanned documents to receive a positive response.
7. Once verified deposit money into your trading account.
8. While the transaction is being carried out, adjust the settings.
9. After saving them, you can start trading.

BitFlyer has been in the trading world for a long time, so users know all its secrets. We have selected several essential features that will be useful for every trader.

Exchange features:

1. Mobile version. For owners of gadgets on iOS and Android, a mobile application of good quality has been created. It has the same functionality as the computer version, so users will not experience problems working with it. In addition, it should be noted that the small size of the application saves space in the device’s memory.
2. Safety. An essential aspect of the work of the exchange, which is given much attention, is the observance of security conditions. For these purposes, the platform uses several ways to encrypt information. In addition, all ongoing transactions are manually verified, which excludes the withdrawal of funds by unauthorized persons who accidentally entered your account.
3. Customer support. Customer service is on BitFlyer’s priority list. Therefore, a help desk was created to contact them. It works from 7 to 10 hours during the daytime, which makes it impossible to receive answers at night. At the same time, all applications left outside working hours are considered immediately after the resumption of work. Customer reviews of customer support are almost always positive.
4. Bonuses. For all active traders, BitFlyer is giving a cash surprise in the form of 10€ to the account. To receive this bonus, you need to invite your friend and make him buy more than 100€ worth of cryptocurrency. The most exciting thing about such a gift is that you and your friend will receive 10€.

Advantages/disadvantages

Looking at BitFlyer from all sides, you can be sure of its many advantages that every trader will experience. At the same time, remember the negative aspects. They slightly spoil the overall picture but still leave BitFlyer among the top cryptocurrency exchanges in the world.

Main advantages:

• extensive work experience
• the openness of the owner company
• universality
• low commissions
• popularity among traders
• regular updates
• mobile application
• no problems with the work of the support service
• many ways to withdraw money
• most positive reviews

Significant disadvantages:

• does not work with all cryptocurrencies
• limited access for residents of some countries

BitFlyer is a major global player trusted by millions of traders with their assets. This exchange makes it possible to work calmly without being distracted by minor problems and inconveniences. Having learned more about it, you will want to try it in action and achieve good results.