Tokyo-based exchange BitFlyer launched a 0% fee campaign to buy Bitcoin for US customers on January 30.
0% Trading Fee from @bitFlyerUSA Starting Today! #BTC is going up and fees are going down! https://t.co/B1WdPqdClj
— Joel Edgerton (@Joel_bitFlyer) January 30, 2020
The zero-fee feature is only available for BTC / USD trading pairs and has been implemented on bitFlyer’s professional trading tool, bitFlyer Lightning. The campaign is automatically applied to all new and existing customers of bitFlyer USA, and any changes are notified approximately two weeks in advance.
bitFlyer currently operates in 47 states and territories in the United States. It has received a BitLicense license, which allows cryptocurrency businesses to provide crypto-related services in New York state.
The usual withdrawal fee for Bitcoin amounts to 0,0004 BTC ($ 3.7), while Ether is 0.005 ETH ($ 0.9), according to bitFlyer website. Besides, there is also a $ 10 fee for transferring USD out of bitFlyer accounts.
Trading fee on bitFlyer. Source: bitFlyer
As part of the newly announced campaign, bitFlyer USA also announced its first trading contest in the US. The upcoming contest, “Trade Grand Prix,” is open to all users in the US and will reward the top 10 traders totaling $ 1,600 based on their weekly and daily trading volume. The contest will start on February 10.
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