BitFlyer

Exchange #49
$ 96.29M
Volume

Coin listings

All coin listings
# Coins Price 24h volume
1
Bitcoin BTC
$ 109,333.55
$ 72.37M
$ 72.37 million Trade
2
Ethereum ETH
$ 2,582.50
$ 20.61M
$ 20.61 million Trade
3
XRP XRP
$ 2.25
$ 3.25M
$ 3.25 million Trade
4
Stellar XLM
$ 0.241
$ 161,464
$ 161,464 Trade
5
ELF ELF
$ 0.00588
$ 12,349
$ 12,349 Trade
All coins

New coin listings

Coins Price Added
XRP XRP
$ 2.25
7 months ago
7mo
Trade
Stellar XLM
$ 0.241
7 months ago
7mo
Trade
ELF ELF
$ 0.00588
7 months ago
7mo
Trade
MonaCoin MONA
$ 0.143
7 months ago
7mo
Trade
Ethereum ETH
$ 2,582.50
7 years ago
7y
Trade
All new coins

Markets

Markets Price 24h volume
BTC / JPY BitFlyer
$ 109,333.67
$ 72.27M
$ 72.27 million Trade
ETH / JPY BitFlyer
$ 2,582.54
$ 20.47M
$ 20.47 million Trade
XRP / JPY BitFlyer
$ 2.25
$ 3.25M
$ 3.25 million Trade
XLM / JPY BitFlyer
$ 0.241
$ 161,464
$ 161,464 Trade
ETH / BTC BitFlyer
$ 2,580.44
$ 103,687
$ 103,687 Trade
All markets

About BitFlyer

Hey, let’s check out bitFlyer Exchange! Launched in 2014 by Yuzo Kano, a former Goldman Sachs trader, it’s a centralized crypto platform based in Tokyo, Japan, with subsidiaries in the U.S. and Europe. It’s one of the largest exchanges in Japan, with over 3 million users globally, and focuses on secure, regulated trading as of June 3, 2025!

Why It Stands Out

  • Trading Options: Trade 10 coins and 14 pairs like BTC/JPY ($65.4M daily volume) across spot, futures (up to 2x leverage), and margin trading, with a 24-hour volume of $79.7M (down 54.48% recently).
  • Low Fees: No account fees; standard trades have spreads of 0.1%–6%, while Lightning platform fees range from 0.03% (over $500M volume) to 0.10% (under $50,000). JPY withdrawals are 216–756 JPY.
  • Neat Features: Offers a mobile app (iOS/Android), bitFlyer Lightning for pros with advanced charts, recurring buys (daily to bi-monthly), and fiat deposits via PayPal or bank transfers (USD, EUR, JPY).
  • Wide Access: Licensed in Japan (JFSA), the U.S. (47 states, including New York), and the EU (CSSF)—KYC unlocks up to $50,000 daily limits for Trade accounts, unlimited for Trade Pro.
  • Top Security: 100% cold storage, 2FA, multi-sig wallets, and no hacks since 2014—regulated by Japan’s Financial Services Agency and New York’s DFS.

Things to Think About

  • Regulation Fines: Fined $1.2M by NYDFS in May 2023 for cybersecurity gaps—though they’ve since proposed compliance fixes by year-end.
  • User Buzz: Some praise its security and ease, but posts found on X mention KYC rejections, withdrawal fees despite account closures, and a mock XRP ad that upset users—treat this as inconclusive sentiment.
  • Liquidity Concerns: $79.7M daily volume is decent but lower than top exchanges, so smaller pairs might be harder to trade; recent volume dropped sharply.
  • Limited Coins: Only 10 cryptos (e.g., BTC, ETH, LTC) compared to bigger platforms—U.S. users get 9, and coin availability varies by region.
  • Past Hiccups: In 2018, Japan regulators flagged anti-money laundering issues, causing a temporary suspension—since resolved, but it’s worth noting.

bitFlyer’s a reliable choice for beginners in Japan, the U.S., or Europe wanting a regulated platform, but its limited coins and liquidity suggest starting small.