BitFlyer Europe launches its plan to ease and simplify the buying and selling of Bitcoin to its traders. The new project will also raise the maximum cap of investment to 20 BTC.
Bitcoin’s price is slowly picking up the pace following a rather dull weekend – and also the plummeting of the price below the $9,500 USD mark in the past fortnight. While the recent bullish run is bringing in more people to the field, the field still lacks efficient developments to streamline the buying and selling of Bitcoin.
This has pushed the well-known Japanese exchange, bitFlyer (the European version), to introduce a seamless two-step program to buy and sell BTC.
According to the co-lead and chief operating officer of bitFlyer Europe, Andy Bryant, the new features are an upgrade that will benefit – not only the users but the people in general. He further said,
“Not only is bitFlyer Buy/Sell easy to use, but with us users have the confidence that they are using a trusted, regulated platform with long-standing global heritage.”
As is with any improvement on a platform, the developments on bitFlyer Europe aims at increasing the overall participation of the community in cryptocurrencies. The new features will focus on the beginners and well-trained traders – an inclusive feature o better users’ experience.
This new service is an extension of the already functioning “Lightning” feature from the pro-traders UI in Europe registered on bitFlyer. It is becoming more evident that projects are skipping the American market as the regulation of digital assets poses a huge risk.
The services will be offered to fully registered customers but U.S citizens are not allowed to participate. The exchange will not charge fees on buying and selling of BTC replacing it with collecting spreads on its trades. Following a one year voluntary suspension, BitFlyer has resumed accounts operation on the platform allowing new users to open accounts.
Furthermore, bitFlyer Europe released its cryptocurrency report predicting Bitcoin will be toppled as the top coin in the industry.