Posts Tagged ‘bitcoin exchange

bitFlyer, the largest Japanese cryptocurrency exchange has been granted payment institution (PI) license to operate in the European Union (EU) and is now accepting registrations for users from EU. It is interesting to note that this has become the first Bitcoin exchange to be regulated in Japan, the US and Europe, making it the most compliant virtual currency exchange in the world at the moment. The Japanese crypto market is booming and thanks to bitFlyer users from Europe and USA should be able to get access and trade Bitcoins on that market.

The not so good news at the moment is that bitFlyer’s initial product offering is only the BTC/EUR pair, though the already has company plans to add support for other virtual currencies such as Litecoin (LTC), Ethereum (ETH), Ethereum Classic (ETC) and Bitcoin Cash (BCH) later in the year. bitFlyer Europe is offering zero percent trading fees as an introductory promotion until the end of February 2018.

There are two account classes available at bitFlyer at the moment, one is Trade and the other one is Trade Pro with the difference being the limits you get. The catch with the standard Trade account is that your virtual currency deposits will be put on hold until your make your first EUR deposit. The Trade Pro option does require an ID and residential proof and unlocks unlimited deposits and withdraws of crypto and EUR. It is not yet know how much time a verification will take with the recent peak of registrations of new users in pretty much every open crypto exchange on a daily basis. Our experience however has shown that it is a good idea to register early and avoid possible issues later on, even if you do not start to use an exchange immediately.

To check out the European branch of the bitFlyer cryptocurrency exchange…


The online Bitcoin exchange Kraken has just introduced a new feature called Dark Pool that allows clients to discreetly place large Bitcoin orders and execute against similar sized orders at potentially better prices. The Kraken dark pool is an order book not visible to the rest of the market. Each trader only knows their own orders. Traders can anonymously place large buy or sell orders without revealing their interest to other traders. Typically, outsized orders, when seen by other traders will cause the market to move unfavorably, making it more difficult to fill the order at the desired price. This unfavorable price movement may be avoided in a dark pool.

Kraken will charge an extra 0.1% for dark orders. Dark pool trading is available to all Kraken clients with accounts verified to Tier 2 or higher. The minimum dark order size is 50 Bitcoins and only limit orders are supported. The dark pool will accept orders for trading between Bitcoins and EUR, USD, JPY or GBP. Dark pool pairings are designated by a “.d” extension (e.g. XBT/EUR.d or XBT/USD.d).


It seems that Coinbase no longer wants to remain only as a payment processor as the company has just launched Coinbase Exchange, the first regulated Bitcoin exchange based in the US. If you are a Coinbase user in one of the 24 supported states or territories in USA you can begin trading immediately on Coinbase Exchange. There will be no trading fees through March 30th, after which there will be a maker-taker model – orders which provide liquidity are charged different fees from orders taking liquidity. This interesting development comes soon after the last very serious funding round that Coinbase recently had.

The fact that the exchange is a regulated one in USA should bring the trust of users that can actually use the Coinbase Exchange, but on the other hand it also means that you will have to cope up with all of the side effects that the requirements of regulation have. The good thing is that this new exchange should theoretically bring more stability and trust in the crypto currency ecosystem, but the not so good one is that it will come at the cost of privacy – one of the key advantages that crypto currencies are supposed to offer. Still it could be a good way to bring more investors in the crypto currency that would normally not be ready to trust other more questionable exchanges with their financial investments.

For more information and to try out the new Coinbase Exchange trading platform…