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CRYPTOCURRENCY

Bitflyer Unveiled a Commission-Free Initiative To Its U.S. Customers For The BTC Trading

Bitflyer Unveiled a Commission-Free Initiative To Its U.S. Customers For The BTC Trading
The Siliconreview
06 Febuary, 2020

Individuals in the U.S. now have a zero-fee option to purchase Bitcoin (BTC) with the US dollar. A new commission-free initiative was recently unveiled by theTokyo-based cryptocurrency exchange BitFlyerto its U.S. customers, for the BTC / USD trading pair.  The zero-fee feature is only enabled for the BTC / USD trading pair, and has been introduced on the pro trading platform of BitFlyer, BitFlyer Lightning, the company noted in a blog post. The initiative is automatically applied to all existing and new users of BitFlyer USA. BitFlyer noted that they would notify about two weeks in advance of any changes.

The Japanese Cryptocurrency BitFlyer, has introduced this new opportunity exclusively through its U.S. arm, BitFlyer USA. It holds a major cryptocurrency license classified as BitLicense, which enables it to legally offer crypto-related services in the state of New York. Currently, BitFlyer operates in 47 statesand territories in the U.S.

BitFlyer's zero-fee Bitcoin purchase option enters the U.S. crypto sector to join other firms in the market already offering free crypto-currency trading. As just that,a leading provider of zero-fee crypto trading, Robinhood Crypto's American stock brokerage allows users to trade seven major cryptos without any commission fees.