BitFlyer Partners With Brave to Develop New Crypto Wallet

BitFlyer Partners With Brave to Develop New Crypto Wallet

Brave has found a major partner in Japan to explore the growing Japanese market with.

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BitFlyer, the biggest crypto exchange in Japan in terms of trading volume, has announced a partnership with Brave, the privacy-protecting browser. 

According to the announcement, BitFlyer and Brave will develop “a crypto asset wallet for Brave browser users”. 

No further details about the new crypto wallet have been made available. Japanese users of Brave browser are rewarded with Basic Attention Token Points (BAP), due to regulations that prevent them from earning the cryptocurrency BAT, or trading their points for money on exchanges.

The announcement is likely to fuel speculation that the new crypto wallet could pave the way to enable Japanese users to earn BAT, instead of BAP, or somehow convert between the two.

A Brave spokesperson told Cointelegraph:

“At this point, we are using ‘points’ to reward users but there are some limits. [Through the partnership] we think it may be possible to go beyond that” 

BitFlyer explained that further details about the crypto wallet will be revealed at an event held on July 30th in Tokyo in which Brendan Eich the founder of Brave will participate. The event is mainly targeting advertisers. 

Brave’s growing popularity in Japan

Brave is becoming increasingly popular in Japan. Last month, Brave partnered with Korean pop idol group “BTS”   — AKA the Bangtan Boys — and Rush Gaming, a Japanese esports team to develop browsers exclusively for users in Japan. 

In the case of Rush Gaming, users of the limited edition browser can earn BAP by watching ads. The BAP can be used to support Rush Gaming’s esports team.

Recently, several Japanese crypto exchanges including BitFlyer announced trading of Brave’s native token BAT. 

While refraining from saying what users can do with the new wallet, BitFlyer said:

“Brave is the BAT connected browser and browsing is an everyday activity. It will be a new opportunity for users to use and earn cryptocurrency and we see it as a new model case to show the potential of cryptocurrency […] We want to make people feel more familiar with cryptocurrency through the partnership with Brave”

BitFlyer and Brave are also planning to launch a joint marketing campaign in Japan “to expand the recognition of cryptocurrencies and blockchain technology among our customers and to improve customer convenience”.


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Brave has found a major partner in Japan to explore the growing Japanese market with.

Japan’s Top Idol Just Became the New Face of BitFlyer Crypto Exchange

Japan’s Top Idol Just Became the New Face of BitFlyer Crypto Exchange

Japan’s top idol is now part of bitFlyer cryptocurrency exchange’s aggressive new advertising campaign.

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Japan’s most famous idol just became the face of bitFlyer, one of the largest cryptocurrency exchanges in the country.

Asuka Saito is one of the most popular members of Nogizaka 46, a leading idol group in Japan consisting of 46 girls. Debuted in 2011, it started as a sister group of AKB 48, the then-most popular idol unit.

They have attracted many fans since then, and in 2017 and 2018 they won the Japan Record Award, the most prestigious award for musicians in the country.

Idols are a type of performer unique to Japan, who are marketed and cultivated for their image and personality. Idols are often musicians, models or dancers.

Asuka Saito started her work with bitFlyer on Wednesday in the exchange’s new television commercial that aims to attract crypto-novices to the platform. 

Speaking to Cointelegraph Japan, bitFlyer said of the collaboration:

“Nogizaka 46 is the No.1 girl unit in terms of popularity. We are the No.1 exchange in terms of trading volumes.” 

The exchange also suggested that “it may be the first time any exchange has collaborated with the country’s top idol.“ 

In recent months, bitFlyer has been ramping up an aggressive PR campaign. Last month, it resumed broadcasting television advertisements in part of Japan for the first time in two years. 

Also last month, Bitcoin (BTC) spot trading volumes at bitFlyer hit 243,887 BTC, up more than 40% from April and even beating out the Black Thursday highs from March.


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Japan’s top idol is now part of bitFlyer cryptocurrency exchange’s aggressive new advertising campaign.

BitFlyer Blockchain Reveals Voting App for Virtual Shareholders Meetings

BitFlyer Blockchain Reveals Voting App for Virtual Shareholders Meetings

bitFlyer Blockchain revealed a new blockchain-based new app to allow fair voting at virtual shareholders meetings.

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The blockchain arm of Japan-based bitFlyer Holdings is debuting a new app for shareholder voting.

According to an announcement by bitFlyer Blockchain, the new app — dubbed bVote — aims to allow Japanese corporations to conduct general shareholders meetings without requiring anyone to physically attend. 

Per bitFlyer, the app will be able to prevent vote forgery and manipulation and requires users to scan their My Number card (similar to Social Security Number in the United States) for identification. 

The firm will purportedly put its tech to the test at its own shareholder meeting on June 26.

Using blockchain to prevent voting manipulation 

Speaking to Cointelegraph Japan, Yuzo Kano, the CEO of bitFlyer Blockchain, claimed that without blockchain tech, it is impossible to hold a fair virtual shareholders meeting. 

Kano stated that legitimate share holders must be able to exercise their voting rights while ensuring there are „no manipulations of the vote and its aggregation process.” 

A fair shareholder’s meeting also requires the ability to guarantee that proxy forms are not manipulated in general or by a third party. Kano continued: 

“It is impossible to change records on blockchain and all the interested parties can check them. You can also see how certain proxy forms were exercised in the past on blockchain. Since the same electronic signatures are used every time, it becomes obvious if some thrid party persons use a new one.”

As to the transparency of the voting process, Kano said “since all the voting results are recorded we can always come back and check them afterwards if manipulation happens”. 

The firm has not received any concrete inquiries as to bVote yet, but Kano expects demand for the app to grow as people’s lifestyles change and remote work and digitization accelerate due to the coronavirus pandemic. 

On June 8th, Coincheck, bitFlyer’s rival in Japan, announced that it started considering providing services to corporations for virtual shareholder meetings. Coincheck also aims to use blockchain to reduce the risk of manipulating voting rights, but full details regarding the offering have not yet been revealed.


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bitFlyer Blockchain revealed a new blockchain-based new app to allow fair voting at virtual shareholders meetings.

Europe’s Crypto Believers on the Rise Amid COVID-19 Crisis, bitFlyer Says

Europe’s Crypto Believers on the Rise Amid COVID-19 Crisis, bitFlyer Says

The number of crypto believers in Europe edged up in 2020 amid the coronavirus pandemic, a new bitFLyer survey says

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Europeans are getting more confident about the future of the cryptocurrency industry amid the coronavirus pandemic, according to a new report.

People in Europe are becoming more optimistic about the Blockchain space. In 2020, more Europeans believe that crypto will exist in 10 years than ever before, bitFLyer exchange reported on April 29.

Amount of crypto believers in Europe edges up 3% in 2020

According to a new survey by bitFLyer, the number of Europeans who believe that crypto will still exist in 10 years has edged up from 63% in 2019 to 66% in 2020.

The survey is part of bitFLyer’s annual Crypto-Confidence Index research. This is based on a consumer poll of 10,000 respondents across 10 countries in Europe. Similar to the first survey in 2019, the research was conducted by bitFLyer’s European arm, bitFLyer Europe, during the month of March. Surveyed countries include Belgium, Denmark, France, Germany, Italy, Netherlands, Norway, Poland, Spain, and the United Kingdom.

Italy shows biggest confidence in crypto during its worst month of pandemic

Italy, which was the second worst-hit country by COVID-19 after China in March 2020, has demonstrated the most significant level of confidence in crypto across Europe. According to the survey, 72% of Italian people expressed confidence in the longevity of crypto, becoming the biggest crypto-believing nation among the 10 surveyed countries.

Based on bitFLyer’s data, Italians have become more optimistic about crypto. March 2020 results indicate a 4% surge from the results of the March 2019 poll. In mid-March, Italy’s major bank, Banco Sella, launched Bitcoin (BTC) trading service, unlocking the feature for 1.2 million users.

The United Kingdom is the least confident at 56%

On the other hand, the United Kingdom has shown the worst results in terms of confidence in the longevity of crypto. According to the survey, only 56% of people in the U.K. believe that crypto is here to stay.

Moreover, the United Kingdom is purportedly the only country other than Norway that demonstrated a drop of confidence in the future of crypto versus 2019. The amount of U.K. respondents who think that crypto will exist in 10 years dropped by 1% in 2020 from 57% in 2019. In Norway, the figure dropped from 74% in 2019 to 67% in 2020.

On April 23, P2P crypto exchange, Paxful, released a survey showing that Americans are increasingly considering cryptocurrencies as an alternative to the current financial system.


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The number of crypto believers in Europe edged up in 2020 amid the coronavirus pandemic, a new bitFLyer survey says

Japanese Exchange bitFlyer Blockchain Arm Launches Consulting Service

Japanese Exchange bitFlyer Blockchain Arm Launches Consulting Service

The blockchain arm of one of the largest cryptocurrency exchanges in Japan announced they would be offering consulting services soon

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One of the largest cryptocurrency exchanges in Japan and one of the biggest Bitcoin brokers worldwide just announced their blockchain arm would be starting consulting services to address requests from new businesses on blockchain technology.

According to an April 27 press release, bitFlyer Blockchain said they would be offering a fifth service — consulting — in addition to the BaaS, Joint Business, miyabi Core, and RegTech services available at the firm. It aims to target companies starting new businesses and revolutionize task management in industries such as finance, manufacturing, technology, real estate, and public sectors. 

The move comes in response to requests bitFlyer Blockchain has received regarding blockchain technology. The company noted that corporations have made inquiries about Security Token Offerings (STO), building transparent supply chains, and how to make use of Non-Fungible Tokens (NFT) for managing the IPs of video game content, music, and anime copyrights — big business in Japan. 

Headquartered in Tokyo with subsidiaries in Europe and the United States, bitFlyer aims to provide a one-stop solution for coming up with ideas for developing systems, implementation, and management. The crypto exchange recently gave their customers the option to buy Bitcoin (BTC) in U.S. dollars for no fees.

Hisashi Oki of Cointelegraph Japan contributed to this article.


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The blockchain arm of one of the largest cryptocurrency exchanges in Japan announced they would be offering consulting services soon

Japanese Crypto Exchange bitFlyer Starts Trading Brave Tokens

Japanese Crypto Exchange bitFlyer Starts Trading Brave Tokens

As the only virtual currency exchange certified in the US, Europe, and Japan, bitFlyer started offering trading for BAT on April 9

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One of the largest cryptocurrency exchanges in Japan and one of the biggest Bitcoin brokers worldwide just announced it would be adding a new coin for trading.

In an April 9 press release, crypto exchange bitFlyer said it would start trading Brave’s Basic Attention Tokens (BAT) in Japan. It has been four months for bitFlyer to list a new coin since it supported Ripple (XRP) December 2019

BAT was recently approved by FSA for trading. GMO coin, another exchange registered with FSA, just started trading it last month. 

Brave benefiting from high traffic during pandemic 

With much of the world limiting their exposure to COVID-19 through sheltering in place, Brave has seen a spike in its number of users. Part of the reason for Brave’s success has been its devotion to user privacy. Marketed as a privacy-oriented rival of Google Chrome, the browser’s efforts to protect individuals’ data have seen their number of users double from 2018 to 2019. 

Its tokens are nearly as popular among users, with the browser selling $35 million worth of BAT in less than a minute for a 2017 initial coin offering. Another crypto exchange, GMO Coin, also started trading BAT for the Japanese market in Match.

Hisashi Oki of Cointelegraph Japan contributed to this article.


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As the only virtual currency exchange certified in the US, Europe, and Japan, bitFlyer started offering trading for BAT on April 9

BitFlyer Now Offers US Users 0% Fees When Buying Bitcoin With USD

BitFlyer Now Offers US Users 0% Fees When Buying Bitcoin With USD

U.S. residents now have one more option to buy Bitcoin with USD through bitFlyer’s zero-fee BTC/USD trading pair campaign

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People in the United States now have another zero-fee option to buy Bitcoin (BTC) with the U.S. dollar.

On Jan. 30, Tokyo-based cryptocurrency exchange bitFlyer launched its commission-free campaign for BTC/USD trading pair to its U.S. customers.

bitFlyer USA operates in 47 states in the U.S. and holds New York BitLicense

The zero-fee feature is only available for the BTC/USD trading pair and has been implemented on bitFlyer’s pro trading tool, bitFlyer Lightning, the firm noted in a blog post. The campaign is automatically applied to all new and existing bitFlyer USA customers clients, while the end date of the campaign period is to be defined. bitFlyer noted that they will announce any changes about two weeks in advance.

While bitFlyer is headquartered in Japan and has a subsidiary in Europe, the new opportunity is an exclusive offering of bitFlyer USA, the U.S. arm of the exchange that was launched in the U.S. in November 2017.

Currently operating in 47 states and territories in the U.S., bitFlyer is a bearer of a major cryptocurrency license known as BitLicense, which allows crypto businesses to legally provide crypto-related services in New York state.

What are the regular fees

According to the official website of bitFlyer, the company usually takes 0.00000001 BTC or one satoshi per “unit of transaction” of Bitcoin, which is less than one cent at press time. bitFlyer’s regular withdrawal fee for Bitcoin amounts to 0.0004 BTC ($3.7), while the one of Ether’s (ETH) accounts for 0.005 ETH or about $0.9 at press time. There’s also a $10 fee to wire USD out of a bitFlyer account.

Transaction fees on bitFlyer

Transaction fees on bitFlyer. Source: bitFlyer

As part of the newly announced campaign, bitFlyer USA is also announcing its first-ever trading competition in the U.S., the company’s representatives said in an email to Cointelegraph. Called “Trade Grand Prix,” the upcoming contest is open to all users in the U.S. and will reward the top 10 traders a total of $1,600 based on their weekly and daily trading volumes. The competition will start on Feb. 10, the exchange noted.

Founded back in 2014, bitFlyer claims to be the the “most used virtual currency exchange in Japan.” The exchange is also operating a fully-owned subsidiary in Europe, bitFlyer EUROPE S.A., which is located in Luxembourg.

bitFlyer’s zero-fee Bitcoin purchasing option enters the U.S. crypto market to follow other firms in the industry already offering cryptocurrency trading with no fees. As such, American stock brokerage Robinhood Crypto is a major provider of zero-fee crypto trading, allowing customers to trade seven major cryptos with no commission fee. In late September 2019, California-based financial firm SoFi launched commission-free crypto trading on its platform SoFi Invest.


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U.S. residents now have one more option to buy Bitcoin with USD through bitFlyer’s zero-fee BTC/USD trading pair campaign

BitFlyer Adds 5 Altcoins to Its Trading Platforms in Europe and the US

BitFlyer Adds 5 Altcoins to Its Trading Platforms in Europe and the US

BitFlyer adds 5 new altcoins to its trading platform in Europe, 3 in the United States

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BitFlyer, a Tokyo-based cryptocurrency exchange, is adding 5 new altcoins to its platforms in Europe and the United States.

Five new altcoins added in Europe, three in US

On Sept. 23, cryptocurrency exchange bitFlyer announced that it is adding five new altcoins in Europe: Bitcoin Cash (BCH), Ethereum Classic (ETC), Litecoin (LTC), Lisk (LSK) and Monacoin (MONA), which will be available immediately to its European customers, while bitFlyer U.S. customers will have immediate access to three of these coins: BCH, ETC, and LTC.

The exchange, which is one of the oldest in the industry, pointed out that these coins were already available to its Japanese customers and said that it will use that experience to facilitate the same service for its customers in Europe and the U.S. Andy Bryant, co-head of bitFlyer Europe said:

“By adding new altcoins, we are expanding bitFlyer’s Buy/Sell offer significantly, giving our customers instant access to some of the largest and most exciting altcoins in the world. […] By leveraging our experience in Japan, we can offer our European and US customers the same level of speed, simplicity and transparency as we already do for those trading Bitcoin and Ethereum.”

BitFlyer offers Bitcoin loyalty program and real estate business

Cointelegraph reported on Aug. 20, that bitFlyer and technology services company Tpoint Japan joined forces to allow local customers to exchange loyalty program points for Bitcoin (BTC) and earn rewards for paying in crypto. 

Cointelegraph reported on another deal between a sister company of bitFlyer and Japanese commercial giant Sumitomo Corporation who partnered to launch a blockchain real estate business. Yuzo Kano, managing director of bitFlyer Blockchain, said at the time that the aim of the project was to enable rental parties to complete the entire process from smartphones.


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BitFlyer adds 5 new altcoins to its trading platform in Europe, 3 in the United States

BitFlyer and Tpoint Japan Team Up to Offer Bitcoin Loyalty Program

BitFlyer and Tpoint Japan Team Up to Offer Bitcoin Loyalty Program

Residents of Japan can now buy Bitcoin with loyalty points

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Cryptocurrency exchange bitFlyer and technology services company Tpoint Japan announced a new partnership that allows local customers to exchange loyalty program points for Bitcoin (BTC) and earn rewards for paying in crypto. The official press release states:

“As part of our mission of ‘Making the world simpler with blockchain’, we will continue to contribute to the further development of a sound virtual currency industry. Tpoint Japan aims to turn their well-known points into ‘Points for people. Points for connecting people and society.’ Participating locations include Bic Camera, Yamada Denki, H.I.S., and more.”

Spend Bitcoin, get Bitcoin

As Cointelegraph Japan reported on Aug. 19, T-Card holders are now able to exchange every 100 T-Points for 85 JPY worth of BTC. At the same time, users will be rewarded for their purchases using Bitcoin in the amount of one T-Point per 500 JPY spent. 

The two companies expect the new program will attract an additional two million customers.

Not so “mass” yet but adoption nonetheless

As Cointelegraph reported recently, cryptocurrency startup Pundi X announced that its point-of-sale payment gateway XPOS will soon be launched in Panama and its surrounding regions.

On Aug. 13, Canadian cryptocurrency exchange Coinsquare also announced that it will work with U.S.-based crypto payments startup Flexa to expand its in-store crypto payment processing services to Canada.


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Residents of Japan can now buy Bitcoin with loyalty points

Sumitomo and BitFlyer to Build Blockchain Real Estate Platform in Japan

Sumitomo and BitFlyer to Build Blockchain Real Estate Platform in Japan

bitFlyer operator plans smartphone-based blockchain real estate solution

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Japanese commercial giant Sumitomo Corporation has partnered with a sister company of local cryptocurrency exchange bitFlyer to launch a blockchain real estate business.

As Cointelegraph Japan reported on July 23, bitFlyer Blockchain will develop an umbrella platform for renting real estate, driven by smart contracts on its in-house Miyabi blockchain. 

Speaking to local tech news outlet CNET Japan, Yuzo Kano, managing director of bitFlyer Blockchain, added that the aim of the project was to enable rental parties to complete the entire process from a smartphone.

“It can greatly simplify the real estate rental contracts process, and the intermediary company can also reduce its significant administrative costs,” he told the publication.

According to CNET Japan, a prototype should be available towards the end of this year, with a full rollout in 2020. 

The announcement comes as blockchain’s potential to transform the real estate industry more widely is gaining considerable attention.

As Cointelegraph reported, Malta last month revealed it would record all real estate rentals on the blockchain, while the concept of tokenized real estate is also making considerable inroads.

Last week, Cointelegraph released a dedicated guide to the state of the sector and its future.

bitFlyer Blockchain’s development marks a new market for owner bitFlyer Holdings, while the company’s exchange operation this month began to accept new accounts after a year-long hiatus over regulatory compliance.


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bitFlyer operator plans smartphone-based blockchain real estate solution