Friday, 1 December 2017

Japanese bitcoin exchange bitFlyer is coming to the U.S

This includes regulatory approval in New York via the state's Department of Financial Services' "BitLicense", which only five other cryptocurrency companies currently have. At launch bitFlyer's U.S exchange will only support bitcoin/USD pairs, but "plans to expand its cryptocurrencies to include altcoins such as Litecoin, Ethereum, Ethereum Classic, Bitcoin Cash and more". Right now the exchange only supports deposit and withdraw via bitcoin and USD wire transfer, which means early users will likely be institutional or high net worth investors. The first level asks for personal information like your name and address and email and cell phone verification, and in return you can deposit and withdraw up to $2,000 in bitcoin per day and trade up to $3,000 in bitcoin per day. The second tier asks for additional information like bank account verification and proof of identity via photo ID, and allows users to deposit and withdraw up to $50,000 in bitcoin per day and trade an unlimited amount of the cryptocurrency. To

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