Get 40% Off
🚨 Volatile Markets? Find Hidden Gems for Serious OutperformanceFind Stocks Now

Two New Players Enter Japanese Crypto Trading Market

Published 20/07/2018, 08:39 pm
Updated 20/07/2018, 08:39 pm

Investing.com - Two new Japanese cryptocurrency exchanges are up and running.
Bitbox, launched by messaging app Line, offers crypto-to-crypto trading in 28 currencies, including Bitcoin, Bitcoin Cash, Ethereum and Litecoin.
The platform supports trading in 15 languages, and is open to investors around the globe, except in the U.S. and Japan, where Line is still trying to clear regulatory hurdles.
VCTRADE, launched by financial services firm SBI Holdings, offers yen-based trading in three currencies--Ripple, Bitcoin and Bitcoin Cash.
Trading is open only to investors in Japan.
Japan made Bitcoin legal tender in 2017, triggering a surge of investor interest in cryptocurrencies.
Some 3.5 million people traded cryptocurrencies on Japan's 17 exchanges in the first quarter of this year, according to a government report.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.