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.
FM's Editor-in-Chief Yam Yehoshua on how the newsroom evaluates stories.
FM's Editor-in-Chief Yam Yehoshua on how the newsroom evaluates stories.
FM's Editor-in-Chief Yam Yehoshua on how the newsroom evaluates stories.
FM's Editor-in-Chief Yam Yehoshua on how the newsroom evaluates stories.
Matthew Smith, Group CEO at EC Markets, speaking at FMLS:24
Matthew Smith, Group CEO at EC Markets, speaking at FMLS:24
Matthew Smith, Group CEO at EC Markets, speaking at FMLS:24
Matthew Smith, Group CEO at EC Markets, speaking at FMLS:24
Finance Magnates Annual Awards 2024 | FM Awards 2024 Highlights
Finance Magnates Annual Awards 2024 | FM Awards 2024 Highlights
🎥Catch the best moments from the Finance Magnates Annual Awards Gala Dinner!
An evening where top names in finance came together to celebrate achievements, enjoy live music, and connect over a memorable dinner. Watch the highlights and feel the energy of our first gala in Cyprus!
Congratulations to all the winners for their dedication to excellence and leadership in the financial industry, including XM, Trading PRO, FP Markets, Deriv, FxPro, LATAM, Headway, ATFX, FBS, AMEGA, EC Markets, Axi
For more information about the 1st Finance Magnates Annual Awards, visit https://bit.ly/3Zb7wNz
#FinanceMagnatesGala #IndustryExcellence #GalaHighlights #FinanceMagnatesAnnualAwards #FinanceMagnatesAwards #CelebratingSuccess #FinanceCommunity
🎥Catch the best moments from the Finance Magnates Annual Awards Gala Dinner!
An evening where top names in finance came together to celebrate achievements, enjoy live music, and connect over a memorable dinner. Watch the highlights and feel the energy of our first gala in Cyprus!
Congratulations to all the winners for their dedication to excellence and leadership in the financial industry, including XM, Trading PRO, FP Markets, Deriv, FxPro, LATAM, Headway, ATFX, FBS, AMEGA, EC Markets, Axi
For more information about the 1st Finance Magnates Annual Awards, visit https://bit.ly/3Zb7wNz
#FinanceMagnatesGala #IndustryExcellence #GalaHighlights #FinanceMagnatesAnnualAwards #FinanceMagnatesAwards #CelebratingSuccess #FinanceCommunity
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.
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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Don't miss out on our latest videos, interviews, and event coverage. Subscribe to our YouTube channel for more!
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
#fmls #fmls24 #fmevents #financemagnates #forex #payments #crypto #events #london #fintech #ai #generativeai #technology #onlinetrading #forex #investing #investors #tech
📣 Stay updated with the latest in finance and trading!
Follow FMevents across our social media platforms for news, insights, and event updates. Connect with us today:
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