BitFlyer Launches ‘Instant Buy’ On Its European Exchange Platform
bitFlyer Launches ‘Instant Buy’ On Its European Exchange Platform
December 6, 2019
BitFlyer Launches ‘Instant Buy’ On Its European Exchange Platform
bitFlyer Launches ‘Instant Buy’ On Its European Exchange Platform
December 6, 2019

bitFlyer, the Tokyo-based cryptocurrency exchange, announced the launch of ‘Instant Buy’ on its European exchange platform.

On December 5, bitFlyer launched its latest feature Instant Buy to provide its European users with the ability to buy cryptocurrency by using a credit card, debit card and local instant transfer methods like Sofort, iDeal, and GiroPay

However, the newly launched feature, which is available on desktop computers and smartphones, aims to make it more convenient for users to buy crypto by using their preferred payment method.

It also looks to provide a new avenue for crypto beginners who want an all-in-one solution to purchase, store and secure their cryptocurrency investments.

Andy Bryant, the COO of bitFlyer Europe, BitFlyer’s buy/sell platform, said:

“By making it similar to that of traditional e-commerce experience, we are helping to bring cryptocurrency to a mainstream audience, while also giving experienced users a faster and simpler way to get their currency.”

It has been analyzed that bitFlyer Europe launched in January 2018 as a fully owned subsidiaries of bitFlyer Inc., a major player in Japanese cryptocurrency. 

ALSO READ :  Huawei Announces A Major Update For Its Blockchain-Based Cloud Service In Two Years

However, in September, bitFlyer announced that it was adding five new altcoins to its European trading platform: Bitcoin Cash (BCH), Ethereum Classic (ETC), Litecoin (LTC), Lisk (LSK) and Monacoin (MONA). All of these altcoins were available immediately to its European customers, while bitFlyer U.S. customers had immediate access to only three of these coins: BCH, ETC, and LTC.

A month before that, Tpoint Japan, a technology services company, joined forces to allow local customers to exchange loyalty program points for Bitcoin (BTC) and earn rewards for paying in crypto.

Likewise, in July 2019, Sumitomo Corporation, the Japanese commercial giant, partnered with bitFlyer Blockchain to launch a blockchain real estate business.

Thus, Yuzo Kano, the Managing Director of bitFlyer Blockchain, said at the time that the aim of the project was to enable rental parties to complete the entire process from smartphones.

Source: businesswire.com | cointelegraph.com


Disclaimer

Crypto News Point a news platform of Digital Notice Media Labs is primarily a regular publication of information, commentary and articles focused extensively on fintech, blockchain technology, cryptocurrency, blockchain-based tokens, cryptocurrency market trends, and trading strategies. We do not provide individually tailored investment advice and does not take a subscriber’s or anyone’s circumstances into consideration when discussing investments, nor is Crypto News Point registered as an investment adviser or broker-dealer in any jurisdiction. Information contained herein is not an offer or solicitation to buy, hold, or sell any digital assets.

Affiliate Disclosure: To help support the work we do here at CNP, we often link to products and deals from around the web. Should you buy some of these, we may get a portion of the sale.

We in generally gather content from the major websites. In every article there is always a clear link and attribution to the source publication. If you have any issue with any of our published content taken from your site, kindly let us know so that we can take appropriate action. In any case, the content of the pages of this website is for your general information and use only. It is subject to change without notice.

You May Also like

Ishita Bora

Ishita Bora is a Senior Content Creator at Digital Notice Media Labs with an experience of 1 year. She has completed her Master's Degree in Language and Linguistics in 2019 from Gauhati University, India. Her interest lies in blockchain technology and cryptocurrency space, as she loves writing about blockchain and other blockchain-related articles. Currently, she is working on blockchain-based news, reviews, featured articles, and guides.