Overview
BitFlyer is a global cryptocurrency exchange that has been trusted by millions since 2014, operating as a secure platform for buying, selling, and investing in Bitcoin, Ethereum, Litecoin, Bitcoin Cash, and other cryptocurrencies. The platform was the first crypto exchange licensed to operate in the United States, Japan, and Europe, making it suitable for both beginner and advanced crypto traders worldwide.
The platform serves individual investors and institutional clients looking for a regulated, secure cryptocurrency exchange with comprehensive trading tools. Users can invest in popular cryptocurrencies with as little as €1, making it accessible to new crypto investors while providing advanced features for professional traders through their Lightning platform.
Key Features
Multi-Asset Trading
Support for Bitcoin, Ethereum, Litecoin, Bitcoin Cash, and other major cryptocurrencies
Recurring Buy
Schedule daily, weekly, monthly, and semi-monthly automated investments
Portfolio Visualization
Real-time profit/loss tracking and trade history analysis
Mobile and Web Apps
Available on iOS, Android, and web platforms
Lightning Trading
Advanced professional trading platform with 20+ order types
Cold Storage
100% of customer assets stored in offline cold storage
Pros & Cons
Advantages
- Zero trading fees on the bitFlyer Buy/Sell marketplace
- Licensed in the US, Japan, and the EU with regulatory compliance
- 7-year streak of no hacking incidents
- Low minimum investment starting at €1
- 100% cold storage for customer assets
Limitations
- Limited cryptocurrency selection compared to some exchanges
- Trading fees apply on the bitFlyer Lightning platform
- No desktop application available
- Limited customer support options
Security Features
Cold Storage: 100% of customer assets stored in cold storage
Multi-Signature Technology: Enhanced wallet security through Multisig implementation
Two-Factor Authentication (2FA): Required for account access and transactions
Web Application Firewall (WAF): Protection against online threats and attacks
Data Encryption: All customer information is encrypted and protected
Asset Segregation: Customer funds are separated from company assets
Pricing & Fees
| Service | Fee | Details |
|---|---|---|
| Account Creation | Free | No charges for opening or maintaining an account |
| BitFlyer Buy/Sell Trading | 0% | Zero transaction fees on the marketplace |
| BitFlyer Lightning Trading | 0.01% - 0.15% | Volume-based fee structure for a professional platform |
| Cryptocurrency | Withdrawals | Variable Network-dependent transaction fees |
Getting Started
Detailed Ratings
Final Verdict
BitFlyer stands out as a highly regulated, secure cryptocurrency exchange with strong regulatory compliance across three major jurisdictions. The platform offers an excellent combination of beginner-friendly features and professional trading tools, backed by institutional-grade security. While the cryptocurrency selection is limited, the zero-fee marketplace and robust security make it attractive for both new and experienced crypto investors.