July 20, 2024


Business Strategy For Economic Revival

Our Commitment to the Protection of Customer Assets

Our Commitment to the Protection of Customer Assets

Presented the current news and market place volatility in the digital asset sector, we felt it is well timed to reiterate to our valued prospects, bitFlyer’s dedication to shielding their account and digital property. We also desired to advise our consumers that bitFlyer is in no possibility of going through any liquidity difficulty.

Considering that 2014, bitFlyer has constantly been at the forefront at shaping the regulatory ecosystem in the crypto field. In Europe, bitFlyer is a regulated entity with a payment establishment license from the Luxembourg Ministry of Finance and is the very first Luxembourg based corporation to receive the Digital Asset Support Provider registration with the CSSF.

Considering the fact that its establishment in 2018, bitFlyer Europe has adopted a client first solution by prioritizing regulatory compliance and field-leading security practices. At bitFlyer, institutional and retail shoppers reward from:

  • An trade with a keep track of history of stability and security
  • Buyer assets stored offline in chilly storage.
  • Multi-variable authentication (MFA) to prevent unauthorized access
  • Innovative encryption applying SHA-2 cryptography criteria
  • Multisig Bitcoin addresses to avoid a whole vary of hacking pursuits and cyber attacks

Money deposited on bitFlyer Europe (both equally FIAT and crypto belongings) are wholly segregated from bitFlyer business money. No qualifications, asterisks, or wonderful print. Tokens are safeguarded in a cold storage wallet, ready to be sent back at the click of a button. Multiple physical and reasonable protection measures are in spot to ensure that our customers’ assets are kept safe and sound and we work in compliance with these segregation regulations.

We will carry on to provide providers that fulfill our customers, aiming to be a trustworthy system the place buyers can trade securely and securely. bitFlyer remains active in helping shape the future of crypto and remains self-assured in its upcoming.

About bitFlyer EUROPE S.A.

bitFlyer EUROPE S.A., a wholly-owned subsidiary of bitFlyer Holdings – a foremost cryptocurrency exchange based in Japan – is a regulated entity with a payment establishment licence from the CSSF, passported to all EU member states. bitFlyer EUROPE S.A. also retains the initial VASP registration in Luxembourg.

Internet site: https://bitflyer.com/en-eu/