bitFlyer, Japan’s largest cryptocurrency exchange and the only exchange certified to run in the US, EU, and Japan, today announced that US-based consumers will lastly have access to the world’s biggest bitcoin to Japanese yen (BTC/JPY) market through their bitFlyer USA account.
Historically, Japan has constantly been among the most important markets in the cryptocurrency area due to its high levels of adoption at the early phases of the industry, extensive regulatory frameworks, and distinct rates characteristics.
As Japan’s biggest cryptocurrency exchange, bitFlyer is a leading entrance to the Japanese crypto market. According to a survey bitFlyer carried out earlier in March of this year, 35% of those that bought crypto in Japan utilized bitFlyer to do so. Additionally, in the very first quarter of 2021, bitFlyer’s BTC/JPY spot market posted over $30 billion in trading volume, representing 40% of the Japanese bitcoin ecosystem.