On November 28, bitFlyer – the Tokyo-based bitcoin operator – brought its services to America with a US-based virtual currency exchange platform. Already since the beginning of this year, over $100 billion has been traded in virtual currency and the company accounts for 30% of all bitcoin that is exchanged internationally.
As such, bitFlyer it is probably not unrealistic for the future to see US traders connecting to its Japanese exchange. It has been specifically designed for individuals who are already engaged in trading at least $100,000 in virtual currency monthly; with this, they will be able to trade to place market, limit and more, letting traders connect to its Japanese exchange.
As Bartek Fingwelski, COO of bitFlyer USAexplained: “Our expansion and upcoming cross-border trading addresses a huge unmet need in the US by institutional traders looking to access large amounts of liquidity across multiple virtual currency markets. Through our web interface or API, approved professional traders can be up and running and making trades in a matter of minutes.”