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bitFlyer USA is a low-cost cryptocurrency exchange offering a small selection of popular digital currencies like bitcoin and ethereum with select cross-currency pairs. Its spread-based pricing makes it a decent option for crypto beginners. bitFlyer USA prides itself on having a 7-year no-hack streak and has an overall strong security reputation.
bitFlyer USA
Account Minimum
$0 ($1 to invest)
Fees
0% (trade fees still apply)
Bonus
You and a friend can earn $15 worth of bitcoin when you successfully refer someone and they trade $100 or more.
- No transaction fees
- Trading pairs
- Multi-signature security
- Seperate advanced trading platform
- Limited selection of cryptocurrencies
- Limited features and tools
- Weak customer support
Insider’s Take
bitFlyer USA is a low-cost, simple crypto-trading platform best for beginners. It offers a small selection of popular cryptocurrencies like bitcoin and ether, with select cross-currency pairs. However, bitFlyter’s pricing model is volatile to the market and may end up costing you more.
Introduction to bitFlyer USA
bitFlyer USA is a Japan-based web and mobile cryptocurrency exchange for trading bitcoin and other popular digital assets without fixed rate fees, including no recurring account fees. The exchange is available in the U.S., U.K., and Japan. New users can open a free bitFlyer account to access secure cold wallet storage, global liquidity, and programmatic trades.
Some of its standout features include its recurring buy feature and access to real-time market data and news. More experienced traders can upgrade to the Lightning Exchange platform for margin trading, spot trading, order books, and active trading charts.
Resources and account perks are limited compared to top competitor platforms like the ones featured on our list of the best cryptocurrency exchanges. bitFlyer USA’s crypto selection is also limited. Trading volumes are objectively lower than similar platforms, which may make executing certain trades more difficult. Finally, the spread-based pricing model is volatile and may cost investors more during market downturns.
If you’re new to crypto investing and want to trade on a secure and straightforward platform, bitFlyer USA could be a good match. It’s a good option for beginners not yet ready for complicated charting features and trading tools.
bitFlyer USA: Overall Rating
How bitFlyer USA Works
bitFlyer USA Trade Account
bitFlyer USA has two account options: Trade and Trade Pro.
bitFlyer USA/Mac IOS Screenshot
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This article was originally published by a www.businessinsider.com . Read the Original article here. .
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