Tokyo
Investing and trading in financial markets such as the stock exchange, forex, digital currencies in the form of spot or with leverage face a high inherent risk. According to the statistics of all exchanges and brokers, more than 75% of people lose!
BitFlyer, established in 2014, is a Japanese cryptocurrency exchange founded by Yuzo Kano. This platform allows its 3 million users to trade various cryptocurrencies with as little as €1.
The company operates under the supervision of CSSF and is a member of the JBA. Bitflyer provides customer services only via email.
BitFlyer, founded in 2014 by former Goldman Sachs employees Yuzo Kano and Takafumi Komiyama, has quickly risen to become a global leader in the cryptocurrency exchange market.
What sets BitFlyer apart from many of its competitors is its strong commitment to regulatory compliance and security. Key points about BitFlyer's regulatory status:
This regulatory framework makes BitFlyer one of the most compliant virtual currency exchanges globally, providing users with an added layer of trust and security.
After graduating from the University of Tokyo’s Graduate School of Engineering and working at Goldman Sachs, Yuzo Kano co-founded bitFlyer, Inc. in 2014, driving Japan’s crypto exchange industry with regulatory reform and global expansion.
To give you a general idea of BitFlyer exchange, let’s review its key specifications based on our crypto exchangesreview methodology in a table format:
Exchange | BitFlyer |
Launch Date | 2014 |
Levels | 8 |
Trading Fees | 0.10% maker and taker |
Restricted Countries | Iran, Iraq, North Korea, South Sudan, and more |
Supported Coins | 8 |
Futures Trading | Only for BTC |
Minimum Deposit | €1 |
Deposit Methods | Crypto, bank transfer, PayPal |
Withdrawal Methods | Crypto, bank transfer, PayPal |
Maximum Leverage | 1:2 |
Minimum Trade Amount | From 0 |
Security Factors | 2FA, cold wallet, SSL encryption |
Services | Staking, Recurring buy, margin trading, Futures trading |
Customer Support Ways | |
Customer Support Hours | Week days 9 AM to 6 PM CET |
Fiat Deposit | Yes |
Affiliate Program | Yes |
Orders Execution | N/A |
Native Token | No |
Let's take a look at the advantages and disadvantages of using BitFlyer as a crypto exchange:
Advantages | Disadvantages |
Regulated and secure | Limited cryptocurrency selection compared to some competitors |
Never been hacked | Higher fees for instant buy/sell transactions |
No deposit fees | Limited deposit methods |
Limited customer support options | - |
While BitFlyer excels in security and regulatory compliance, it may not be the best choice for those seeking a wide variety of altcoins or the lowest possible fees.
BitFlyer employs a tiered fee structure based on a user's 30-day trading volume. This incentivizes higher volume trading and rewards active users with lower fees.
30-day trading volume | Lightning spot fees | Buy/Sell |
€0 - Less than €50,000 | 0.10% | Free |
€50,000 - Less than €500,000 | 0.09% | |
€500,000 - Less than €1 million | 0.08% | |
€1 million - Less than €5 million | 0.07% | |
€5 million - Less than €10 million | 0.06% | |
€10 million - Less than €50 million | 0.05% | |
€50 million - Less than €500 million | 0.04% | |
Over €500 million | 0.03% |
Traders should consider that the fees apply for both maker and taker. Also free buy and sell fees might be negotiated based on volume and trade frequency.
Understanding BitFlyer's fee structure is crucial for maximizing your trading profits. Here's a breakdown of the main fees you'll encounter:
As shown in the previous section, trading fees range from 0.1% to 0.03% based on your 30-day trading volume.
BitFlyer doesn’t charge customer for depositing virtual or fiat currencies to the platform. However, Trader who want to deposit Japanese Yen to this platform need to pay 330 JPY transaction fee.
Unlike most deposit methods, traders must pay withdrawal fees to transfer their assets.Here’s an overview of the fees BitFlyer charges for withdrawals:
Withdrawal methods | Fee |
BTC | 0.0004 BTC |
ETH | 0.005 ETH |
BCH | 0.0002 BCH |
DOT | 0.1 DOT |
LTC | 0.001 LTC |
XLM | Free |
ETC | 0.005 ETC |
XTZ | 0.1 XTZ |
BAT | 5 BAT |
LSK | 9.7 LSK |
MONA | Free |
EUR SEPA withdrawals | €0.30 for ≤ €250,000.00 €10.00 for > €250,000.00 |
JPY withdrawals | 770 JPY |
It's important to note that these fees may change over time, so always check the official BitFlyer website for the most up-to-date information.
While BitFlyer doesn't offer as wide a selection of cryptocurrencies as some of its competitors, it focuses on providing a secure and reliable platform for trading the most popular digital assets. As of the time of writing this article, BitFlyer supports trading for the following cryptocurrencies:
In total, BitFlyer offers trading for 8 cryptocurrencies. While this selection may seem limited compared to exchanges that offer hundreds of coins, it allows BitFlyer to maintain high security standards and focus on providing a excellent trading experience for the most widely-traded cryptocurrencies.
BitFlyer offers advanced trading options for experienced users through its Lightning Exchange platform. Here are the key features of BitFlyer's futures and margin trading:
It's important to note that futures and margin trading carry higher risks and are only recommended for experienced traders who understand the potential for significant losses.
Joining BitFlyer is simple and secure. To access trading features, you’ll need to complete a few identity checks. The platform’s KYC process is essential for compliance and user protection, ensuring a trustworthy environment for digital asset trading.
Head to the BitFlyer homepage and click “Create an Account”. Submit your email address and confirm it via the link sent to your inbox.
Choose a strong password and fill out your basic information, including:
Verify your mobile number via the OTC sent by SMS.
Provide the necessary information to create an account on BitFlyer
To fully activate your trading account, upload supporting documents on the BitFlyer client dashboard, including:
Once submitted, your documents will be reviewed. After approval, you’ll gain full access to all trading and funding features on BitFlyer.
Trading on BitFlyer Exchange is straightforward, whether you are buying or selling Bitcoin or any other cryptocurrency.
The platform provides a clear Buy/Sell interface along with flexible trading options, making it easy for beginners and advanced traders to manage their assets efficiently.
Log in to yourBithumb account and open the Buy/Sell section from the main dashboard. At the top of the screen, you will see your available balances in both fiat currency (e.g., KRW or JPY) and cryptocurrency (e.g., BTC).
These balances represent how much you can use to buy or sell.
On the Buy/Sell screen, choose whether you want to Buy crypto using your fiat balance or Sell digital assets from your crypto wallet balance.
Once you input the trade amount:
After reviewing the order details:
For users who prefer more control, Bithumb also supports:
BitFlyer offers multiple platforms to cater to different types of traders:
BitFlyer Easy Exchange:
BitFlyer Lightning Exchange:
BitFlyer Mobile App:
Links:
These diverse platforms ensure that BitFlyer can meet the needs of various traders, from beginners to professionals.
BitFlyer, a leading Japanese cryptocurrency exchange, reported three-month trading volumes fluctuating between $50M and $250M daily.
The chart highlights strong liquidity with notable surges in mid-July and mid-August, showing consistent investor activity and heightened trading momentum.
Bithumb, one of South Korea’s largest cryptocurrency exchanges, provides TradingView integration, API access, OTC trading, referral rewards, NFT marketplace, and auto-invest plans.
Its focus on essential features ensures accessibility for both beginner and professional traders in the digital asset market.
TradingView Integration | Yes |
Auto Trading (Bots) | No |
API Access | Yes |
P2P Trading | No |
OTC Trading | Yes |
| No | |
Launchpad | No |
NFT Marketplace | Yes |
Referral Program | Yes |
DEX | No |
Auto-Invest (Recurring Buy) | Yes |
Security is a top priority for BitFlyer, and the exchange implements multiple layers of protection to safeguard user funds and data:
These comprehensive security measures have helped BitFlyer maintain its reputation as one of the safest cryptocurrency exchanges, having never been successfully hacked.
BitFlyer shows mixed results across security evaluations, with CertiK Skynet rating it 75.25 (BBB, rank #65), highlighting strong market performance but weaker cybersecurity at 54.80.
However, the BitFlyer CER.live profile scores DD with 25% (rank #138), reflecting decent server security (76/100) but lacking penetration tests, bug bounty, and ISO 27001 certification.
Category | Metric | Value |
CertiK Skynet Score | Overall Score | 75.25% (BBB) |
Operational | 76.33% | |
Market | 83.55% | |
Cybersecurity | 54.80% | |
Fundamental | 74.73% | |
Listing Security | 78.21% | |
Community | 72.53% | |
CER.live Security Score | Overall Score | 25% (DD) |
Server Security | 76% | |
User Security | 76% | |
Penetration Tests | 0% | |
Bug Bounty | 0% | |
ISO 27001 | No | |
CCSS | No | |
Funds Insurance | Yes |
BitFlyer operates in Japan, the United States, and over 40 European countries, including Germany, France, the UK, Italy, the Netherlands, and the Nordics. While credit card funding is only available to Japanese clients, international users can deposit and withdraw via:
Lack of credit card deposit and withdrawals is a drawback traders need to consider before creating an account in BitFlyer exchange.
It’s time to go through user reviews and Trust Scores in our BitFlyer review. While BitFlyer is generally considered a reputable exchange, user reviews on platforms like Trustpilot are negative.
The BitFlyer Trustpilot profile has received 1.7/5 stars based on 24 reviews which over 92% of them are 1-star reviews.
Unfortunately, the broker support team doesn’t engage in conversations with traders who had negative experiences with the platform.
Let's explore the crypto-specific services BitFlyer offers to its users.
Staking | Yes |
Yield Farming | Yes |
Social Trading | No |
Liquidity Pool | No |
Crypto Cards | Yes |
BitFlyer regularly introduces promotional campaigns to reward new and existing users. From referral bonuses to seasonal offers, these programs provide traders with opportunities to earn extra Bitcoin and enhance their trading experience.
Promotion | Reward Amount | Eligibility | Notes |
Referral Program | €10 in BTC (for both inviter & invitee) | Residents of EEA, individual accounts only | Unlimited referrals allowed |
Seasonal Offers | Varies (e.g., $10 BTC) | Region-specific (e.g., U.S. customers) | Campaigns run occasionally |
The referral program allows users to invite friends and earn Bitcoin rewards. Both the referrer and the referred friend benefit when specific conditions are met, making it a win-win way to grow your crypto portfolio.
Although there are no active promotions as of August 2025, BitFlyer has previously launched time-limited campaigns. These offers are often designed to encourage new account sign-ups and early trading activity.
BitFlyer doesn’t provide various supporting channels. Users can only contact BitFlyer team using info.eu@bitflyer.com email or use the comprehensive FAQ section available on the website.
The exchange offers a multi-layered customer support experience:
The support team operates primarily during Japanese business hours (9 AM to 6 PM CET), which may result in longer wait times for users in other time zones. Overall, BitFlyer doesn’t provide the best customer support experience for its users.
BitFlyer offers several investment options beyond simple spot trading, including Crypto staking and Auto invest.
While copy trading services are not available, BitFlyer continuously evaluates new features to add to its platform.
Due to regulatory requirements, BitFlyer is not available in all countries. Here’s a list of restricted countries in Bitflyer exchange:
Users from other countries may be restricted from using BitFlyer's services. Always check the most recent information on BitFlyer's website.
To better understand the quality of services on the BitFlyer exchange compared to other platforms, we suggest checking the table below.
Features | BitFlyer Exchange | |||
Number of Assets | 8 | 400+ | 2500+ | 100+ |
Maximum Leverage | 1:2 | 1:125 | 1:100 | 1:150 |
Minimum Deposit | €1 | $1 | N/A | $5 |
Spot Maker Fee | 0.03% - 0.10% | 0.02% - 0.1% | 0.055% - 0.2% | 0.008% - 0.2% |
Spot Taker Fee | 0.03% - 0.10% | 0.04% - 0.1% | 0.065% - 0.2% | 0.05% - 0.2% |
Mandatory KYC | Yes | Yes | Yes | No |
Futures Trading | Yes | Yes | Yes | Yes |
Mobile Application | Yes | Yes | Yes | Yes |
Fiat Payment | Yes | Yes | Yes | Yes |
Staking | Yes | Yes | Yes | No |
Copy Trading | No | Yes | Yes | Yes |
As a highly regulated cryptocurrency exchange with over 10 years of experience, BitFlyer provides services to traders residing in Japan, the US, and Europe.
The lack of supporting a wide range of crypto coins and tokens with high instant trading fees, makes it not the most appealing option for most traders.
Yes, BitFlyer is considered one of the safest cryptocurrency exchanges, with strong security measures and regulatory compliance.
Yes, BitFlyer is available in most US states, excluding Hawaii and Nevada.
BitFlyer offers trading for Bitcoin, Ethereum, Litecoin, Bitcoin Cash, and a few other select cryptocurrencies.
BitFlyer is a leading cryptocurrency exchange established in 2014 in Japan, with operations in Europe (Luxembourg) and the US.
Yes. BitFlyer Europe holds a Payment Institution license issued by Luxembourg’s Ministry of Finance and is regulated by the CSSF. It is also licensed in Japan and the US.
The minimum deposit at BitFlyer Europe is just €1, allowing beginners easy access to the market.
Yes. BitFlyer supports EUR in Europe and JPY in Japan. Deposits can be made via SEPA transfers or Skrill.
BitFlyer's fees are volume-based, starting from 0.20% and reducing to 0.01% for high-volume traders (over €500,000/month).
BitFlyer offers a web-based platform, mobile apps (Android/iOS), and bitFlyer Lightning, a pro-level interface for advanced traders.
Yes. BitFlyer Lightning supports market, limit, stop, IFDOCO, and trailing stop orders, targeting professional traders.
No, BitFlyer does not have a native exchange token like BNB or CRO.
KYC is mandatory. Users must verify their identity by submitting proof of ID and residency documents, depending on regional laws.
Yes, but only via bitFlyer Japan, offering up to 2x leverage. This feature is not available in the European or US platforms.
BitFlyer uses cold wallet storage, 2FA, encrypted SSL connections, and complies with Japanese FSA security standards.
Deposits are free via SEPA, while withdrawals cost €0.30 to €10, depending on the amount. Crypto withdrawal fees vary by token.
It’s BitFlyer’s advanced trading platform with real-time execution, professional charts, and API access for institutional-grade users.
Yes, With low minimum deposits, a simple UI, and strong compliance, BitFlyer is highly suitable for crypto newcomers.
