BitFlyer Announces Launch of Cross-Border Trading on its Platform

BitFlyer believes that the launch of this cross-border trading is a huge milestone for the firm. It will make the trading extremely easy, convenient and fast for the users who trade using Euros. 

BitFlyer Believes This Launch to be Revolutionary for Crypto Industry 

With this latest development, BitFlyer, along with being the first licensed exchange to operate in Japan, has also become the first to launch cross-border trading. Japan has one of the biggest Bitcoin markets across the world as it has around 20% of the total BTC to Fiat trading volume. Now with the launch of this cross-border trading, BitFlyer is aiming to establish itself as a global player in the crypto space. 

Cross-border trading is going to be highly beneficial for traders who are aiming to handle the large volumes. It will now facilitate the faster execution of trades and will also reduce the risk of slippage. Andy Bryant, COO of BitFlyer Europe has said that the launch of cross-border trading is a revolutionary step for the crypto industry. He said that the firm is extremely excited for this launch and can offer a better experience for the traders as well as users. 

Till Now Cross-Border Trading Has Been a Challenge

Till now it has been seen that cross-border trading stood as a huge challenge in front of the traders. This is because the overseas traders used to face huge difficulties while trading with Japanese exchanges. The main aim of BitFlyer is to have all the spot trading pairs that will be made available across the world.