- The exchange stated that this move has been taken as XRP is the second-largest crypto in Japan, after BTC, in terms of trading volume.
- BitFlyer has not clarified if the service is available for global users, via its US and Europe subsidiaries.
BitFlyer, a well-known Japanese crypto exchange, has recently added trading support for XRP. According to an announcement made on Monday, the exchange has added a new cryptocurrency after two years. BitFlyer said that it has made this move because XRP is the second-largest crypto in Japan (following Bitcoin) in terms of trading volume. It cited the latest data from the Japan Virtual Currency Exchange Association.
Japanese BitFlyer users can now purchase and sell XRP through the exchange's web platform and its mobile wallet apps. Earlier in September, BitFyler Europe added trading support for bitcoin cash (BCH), ether classic (ETC), litecoin (LTC), lisk (LSK) and monacoin (MONA), while BitFlyer U.S. added support for BCH, ETC and LTC.
Andy Bryant, co-head and COO of BitFlyer Europe, said at the time:
Those currencies were previously only available to our Japanese customers, so we’re also consolidating our offer across regions, building a global platform for traders all over the world.
The exchange has not clarified if the service is available for global users, via BitFlyer's US and Europe subsidiaries.
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility.