Cryptocurrency exchange bitFlyer has launched the “Instant Buy” facility on its Buy/Sell exchange platform in Europe. The facility will be available on both desktop and Android and iOS versions of the bitFlyer app.
The Instant Buy feature will allow users to buy cryptocurrency directly from bitFlyer using credit cards, debit cards, or local transfer systems like Sofort, iDeal, and GiroPay.
Co-head and COO bitFlyer Europe Andy Bryant said,
Instant Buy is the latest upgrade to bitFlyer’s Buy/Sell platform, as part of our goal to create a simpler, faster and transparent experience when it comes to buying virtual currencies. By making it similar to that of traditional e-commerce experience, we are helping to bring cryptocurrency to a mainstream audience while also giving experienced users a faster and simpler way to get their cryptocurrency.
To make cryptocurrency more accessible, bitFlyer had launched its mobile app in October this year. The launch of the Instant Buy facility brings down more barriers to mainstreaming of cryptocurrency as users can buy cryptocurrency like making purchases on e-commerce sites.
bitFlyer Buy/Sell platform allows trading in Bitcoin (BTC), Ethereum (ETH), Bitcoin Cash (BCH), Ethereum Classic (ETC), Litecoin (LTC), Lisk (LSK) and Monacoin (MONA).
The bitFlyer Buy/Sell platform allows users to sell buy or sell cryptocurrencies at predefined prices and in predefined pairs. bitFlyer does not charge any extra payment processing fees, but payment service providers charge fees. The transactions are instant. Thus, users can trade a variety of cryptocurrencies on a single platform at high transaction speed. It is very attractive for professional traders who are constantly tracking the market for an opportunity to make a profit.
bitFlyer Buy/Sell Europe is an arm of bitFlyer Inc. Japan. bitFlyer is the only cryptocurrency exchange that has a license to operate in Japan, Europe, and the US. It is recognized as one of the top 10 exchanges, not faking trading volumes.