bitFlyer USA Launches Cryptocurrency Service in Connecticut

11 Mar, 2021 Updated 25 Jul, 2022

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CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.

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San Francisco, CA, March 11, 2021 — bitFlyer USA has announced that its service is now available in the state of Connecticut. Based in San Francisco and a subsidiary of Japan-based bitFlyer Holdings, bitFlyer USA will provide the residents of Connecticut with a safe and convenient means of buying and selling popular digital assets such as Bitcoin and Ethereum, without having to pay exorbitant fees.

The only cryptocurrency platform in the world licensed in the US, EU, and Japan, bitFlyer provides a regulated and secure trading environment with a professional trading interface, deep liquidity, and a raft of advanced features. Citizens of Connecticut can create an account and start interacting with the cryptoconomy right away, taking advantage of a fiat onramp to buy cryptocurrencies with credit or debit card.

Accounts can also be funded via wire transfer and PayPal, and experienced users such as institutional investors can take advantage of bitFlyer Lightning, the portal’s professional-grade trading platform built by Wall Street veterans. Users are free to choose whether to trade via their web browser or the bitFlyer mobile application, available for iOS and Android. They can also build a digital asset portfolio by scheduling daily, weekly, monthly, or semi-monthly purchases.

“bitFlyer USA is happy to continue our expansion by adding Connecticut as our 48th state,” said COO Joel Edgerton. “We have achieved significant growth in our business this year and look forward to bringing our global platform to Connecticut residents.”

bitFlyer USA aims to eventually become licensed in all states and territories in the United States, having already obtained regulatory approval in states such as New York, Hawaii, Florida, Texas, and Illinois. The exchange’s parent company has over two million users in Japan since launching in 2018, with Japan currently home to the biggest global Bitcoin market.

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Why Trust CoinGape

CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more… to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.