Traditional payment methods, such as wire transfers, “can often take up to three business days for deposits to clear."
The European arm of cryptocurrency exchange bitFlyer is today announcing integration with global Payments platform Paypal. According to an announcement shared with Finance Magnates, Paypal’s European users can now deposit funds directly to the bitFlyer platform to buy Cryptocurrencies.
bitFlyer’s European arm launched in January 2018 as a fully owned subsidiary of bitFlyer, Inc., which is one of Japan’s longest-standing cryptocurrency exchanges. bitFlyer says that it is the only cryptocurrency exchange that is regulated in Japan, the US and Europe combined.
Paypal Will Enable Near-Instant Deposits of Fiat onto bitFlyer
The addition of Paypal onto the platform means that bitFlyer users can deposit fiat currency into their accounts almost instantly. Traditional payment methods, such as wire transfers, “can often take up to three business days for deposits to clear,” said a statement shared with Finance Magnates. “With PayPal, deposits are typically nearly instant.”
Moreover, bitFlyer said that the integration with Paypal is the platform’s latest move toward making cryptocurrency trading more accessible around the globe.
And indeed, Paypal is one of the most common payment platforms in Europe: “the cryptocurrency space is still in its infancy, and despite the ecosystem growing, the industry is still daunting for newcomers,” said Jacek Bastin, Business Strategy Manager at bitFlyer Europe.
“Given that approximately a third of European e-commerce payments are being processed through PayPal, we are more than thrilled to provide users with a deposit method they know and rely upon. The process to deposit through PayPal is entirely frictionless, secure and reliable, with users to be credited near to instantly.
“We’re proud to offer users the opportunity to use their PayPal accounts to deposit funds for purchasing crypto,” bitFlyer Europe chief operating officer, Andy Bryant said.
“The integration of PayPal adds a new funding source for bitFlyer users. Thousands of bitFlyer users already use PayPal for fiat transactions. Now, users can purchase bitcoin and other cryptocurrencies in the same way too.”
In June, Finance Magnatesreported that bitFlyer formed a partnership with Brave Software International SEZC, a subsidiary of Brave Software. bitFlyer was Brave’s first partner in the crypto asset wallet space in Japan.
The European arm of cryptocurrency exchange bitFlyer is today announcing integration with global Payments platform Paypal. According to an announcement shared with Finance Magnates, Paypal’s European users can now deposit funds directly to the bitFlyer platform to buy Cryptocurrencies.
bitFlyer’s European arm launched in January 2018 as a fully owned subsidiary of bitFlyer, Inc., which is one of Japan’s longest-standing cryptocurrency exchanges. bitFlyer says that it is the only cryptocurrency exchange that is regulated in Japan, the US and Europe combined.
Paypal Will Enable Near-Instant Deposits of Fiat onto bitFlyer
The addition of Paypal onto the platform means that bitFlyer users can deposit fiat currency into their accounts almost instantly. Traditional payment methods, such as wire transfers, “can often take up to three business days for deposits to clear,” said a statement shared with Finance Magnates. “With PayPal, deposits are typically nearly instant.”
Moreover, bitFlyer said that the integration with Paypal is the platform’s latest move toward making cryptocurrency trading more accessible around the globe.
And indeed, Paypal is one of the most common payment platforms in Europe: “the cryptocurrency space is still in its infancy, and despite the ecosystem growing, the industry is still daunting for newcomers,” said Jacek Bastin, Business Strategy Manager at bitFlyer Europe.
“Given that approximately a third of European e-commerce payments are being processed through PayPal, we are more than thrilled to provide users with a deposit method they know and rely upon. The process to deposit through PayPal is entirely frictionless, secure and reliable, with users to be credited near to instantly.
“We’re proud to offer users the opportunity to use their PayPal accounts to deposit funds for purchasing crypto,” bitFlyer Europe chief operating officer, Andy Bryant said.
“The integration of PayPal adds a new funding source for bitFlyer users. Thousands of bitFlyer users already use PayPal for fiat transactions. Now, users can purchase bitcoin and other cryptocurrencies in the same way too.”
In June, Finance Magnatesreported that bitFlyer formed a partnership with Brave Software International SEZC, a subsidiary of Brave Software. bitFlyer was Brave’s first partner in the crypto asset wallet space in Japan.
Rachel is a self-taught crypto geek and a passionate writer. She believes in the power that the written word has to educate, connect and empower individuals to make positive and powerful financial choices. She is the Podcast Host and a Cryptocurrency Editor at Finance Magnates.
US Elections 2024 Countdown: Polymarket Bettors Push Harris Closer to Trump
FMLS:24 | Shaping the Next Era of Financial Evolution
FMLS:24 | Shaping the Next Era of Financial Evolution
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Join over 2,500 industry professionals, engage with 150+ expert speakers, and discover endless opportunities with 70+ top exhibitors. FMLS:24 is where senior executives and decision-makers gather to close deals, forge new partnerships, and strengthen connections with long-term clients.
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FMLS:24 | Shaping the Next Era of Financial Evolution
FMLS:24 | Shaping the Next Era of Financial Evolution
Welcome to FMLS:24 – the premier event where influential brands and leaders in trading, payments, fintech, and digital assets come together!
Join over 2,500 industry professionals, engage with 150+ expert speakers, and discover endless opportunities with 70+ top exhibitors. FMLS:24 is where senior executives and decision-makers gather to close deals, forge new partnerships, and strengthen connections with long-term clients.
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👉 Don't miss out – secure your ticket now at https://events.financemagnates.com/ZQEYy0?utm_source=youtube&utm_campaign=fmls24-awareness&utm_medium=video&RefId=MLS%3A24+Video+Promo
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Welcome to FMLS:24 – the premier event where influential brands and leaders in trading, payments, fintech, and digital assets come together!
Join over 2,500 industry professionals, engage with 150+ expert speakers, and discover endless opportunities with 70+ top exhibitors. FMLS:24 is where senior executives and decision-makers gather to close deals, forge new partnerships, and strengthen connections with long-term clients.
Whether you’re in finance, technology, or payments, this summit is your gateway to future growth, meaningful collaborations, and industry-leading insights.
👉 Don't miss out – secure your ticket now at https://events.financemagnates.com/ZQEYy0?utm_source=youtube&utm_campaign=fmls24-awareness&utm_medium=video&RefId=MLS%3A24+Video+Promo
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FM's Andrea Badiola Mateos at LSEG's Cyprus event
FM's Andrea Badiola Mateos at LSEG's Cyprus event
FM's Andrea Badiola Mateos at speaking in a panel discussion at LSEG's Cyprus event
FM's Andrea Badiola Mateos at speaking in a panel discussion at LSEG's Cyprus event
The Role of PAMM, MAM & Copy Trading in Business Growth Strategies | Webinar
The Role of PAMM, MAM & Copy Trading in Business Growth Strategies | Webinar
The copy trading market is projected to double in size, growing from $2.2 billion to $4 billion by the end of this decade. In light of this, brokers and financial institutions are increasingly adopting PAMM, MAM, and Copy Trading solutions to scale operations and drive profitability. In this insightful webinar, Sergey Ryzhavin, Product Owner at B2COPY, outlines the advanced features of the B2COPY platform, showcasing how it enhances Copy Trading, PAMM, and MAM performance. Sergey also explores strategies for using these tools to attract new clients, improve customer engagement, and create additional revenue streams.
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The copy trading market is projected to double in size, growing from $2.2 billion to $4 billion by the end of this decade. In light of this, brokers and financial institutions are increasingly adopting PAMM, MAM, and Copy Trading solutions to scale operations and drive profitability. In this insightful webinar, Sergey Ryzhavin, Product Owner at B2COPY, outlines the advanced features of the B2COPY platform, showcasing how it enhances Copy Trading, PAMM, and MAM performance. Sergey also explores strategies for using these tools to attract new clients, improve customer engagement, and create additional revenue streams.
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Join us at FMLS:24 to connect with global institutional brokers. Secure your spot today! #fmls24
Join us at FMLS:24 to connect with global institutional brokers. Secure your spot today! #fmls24