Japan-based cryptocurrency exchange bitFlyer announced on Thursday the launch of Instant Buy on its Buy/Sell exchange platform in Europe. The exchange reported that the feature, which is available on desktop and smartphone, allows users to buy cryptocurrency directly from bitFlyer, using a credit card, debit card or local instant transfer methods such as Sofort, iDeal, and GiroPay. bitFlyer further explained:
“Instant Buy is built for users looking for the fastest and simplest way to buy cryptocurrencies, as well as beginners looking for an all-in-one solution for purchasing, storing and securing their cryptocurrency investments.”
While sharing more details about the feature, Andy Bryant, Co-head and COO at bitFlyer Europe, stated:
“Instant Buy is the latest upgrade to bitFlyer’s Buy/Sell platform, as part of our goal to create a simpler, faster and transparent experience when it comes to buying virtual currencies. By making it similar to that of a traditional e-commerce experience, we are helping bringing cryptocurrency to a mainstream audience, while also giving experienced users a faster and simpler way to get their currency.”
Key features of Instant Buy include:
- Built for users looking for the fastest and simplest way to buy cryptocurrencies, as well as new adopters looking for an all-in-one solution to purchase, store and secure their investments
- Allows users to purchase cryptocurrencies (including the less mainstream altcoins such as Lisk, Monacoin and Ethereum Classic) directly from the bitFlyer platform at a predefined price, making the purchase experience significantly more straightforward
- Any fees related to payment processing are clearly displayed. bitFlyer does not charge additional fees on top of those that may be charged by payment service providers
