BitFlyer

Exchange #51
$ 156.82M
Volume

Coin listings

All coin listings
# Coins Price Trading volume
1
Bitcoin BTC
$115,413.24
$ 91.72M
$ 91.72 million Trade
2
Ethereum ETH
$3,590.72
$ 50.63M
$ 50.63 million Trade
3
XRP XRP
$3.06
$ 14.17M
$ 14.17 million Trade
4
Stellar XLM
$0.412
$ 610,589
$ 610,589 Trade
5
ELF ELF
$0.00598
$ 13,472
$ 13,472 Trade
All coins

New coin listings

Coins Price Listing
XRP XRP
$3.06
8 months ago
8mo
Trade
Stellar XLM
$0.412
8 months ago
8mo
Trade
ELF ELF
$0.00598
8 months ago
8mo
Trade
MonaCoin MONA
$0.179
8 months ago
8mo
Trade
Ethereum ETH
$3,590.72
7 years ago
7y
Trade
All new coins

Markets

Markets Price 24h volume
BTC / JPY BitFlyer
$ 115,413.63
$ 91.31M
$ 91.31 million Trade
ETH / JPY BitFlyer
$ 3,590.71
$ 50.21M
$ 50.21 million Trade
XRP / JPY BitFlyer
$ 3.06
$ 14.17M
$ 14.17 million Trade
XLM / JPY BitFlyer
$ 0.412
$ 610,589
$ 610,589 Trade
ETH / BTC BitFlyer
$ 3,594.63
$ 305,921
$ 305,921 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.