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bitFlyer Launches Consulting Service For Blockchain Companies in Japan  

Popular cryptocurrency exchange bitFlyer has announced the launch of a new blockchain consulting service for firms operating in the space.

According to a press release published earlier today, the Japanese crypto exchange and brokerage service will provide consulting services for blockchain firms, in preparation for new laws governing the space that will be taking effect soon.

Free Counsel for Navigating Through Laws

The consulting service is the latest in offerings that bitFlyer provides. Apart from its primary exchange and brokerage services, the Japanese firm now provides Blockchain aa a Service (BaaS), Joint Business, Miyabi Core, and RegTech services too.

In the press release, bitFlyer explained that it hopes to serve companies that would like to start new businesses and optimize the task management processes across several industries – including finance, manufacturing, technology, real estate, and public sectors. The company confirmed that several organizations have already asked it about various blockchain concepts, including the possibility of issuing Security Token Offerings (STOs) and how the technology itself can help them to optimize their supply chain processes.

With the consulting service, it will be looking to provide a simple, definite solution to help upcoming businesses – as well as established firms that would like to incorporate blockchain into their operations.

bitFlyer is Carrying Everyone Along

Like several other companies in the crypto space, bitFlyer has been on a mission to provide tools that will prove effective for its customers and partner companies. Last December, the firm made a splash when it introduced an “instant buy” feature to its exchange, which allowed customers to purchase tokens with their credit cards.

The service launched the feature to its European users, claiming at the time that they will be able to purchase cryptocurrencies with their debit cards, credit cards, and other local money transfer services like GiroPay and Soroft.

The purchase feature is now available on both smartphones and desktop computers, and it aims to provide users with added convenience when purchasing crypto with whatever payment methods they use. The firm also explained that it would help them to position themselves as central figures that help users to purchase, store, and secure their digital assets – all in one place.

bitFlyer did one better earlier this year, however, with the launch of a commission-free campaign for BTC/USD trades to its American customers. The company launched the campaign on January 30, providing zero-fee trades to its American customers.

According to the company’s website, it usually charges 0.00000001 BTC or one satoshi per “unit of transaction” of Bitcoin for trades. However, the regular withdrawal fee for Bitcoin is 0.0004 BTC. With the new feature, American customers will enjoy zero-fee trades. However, there’s a catch; apart from the fact that it’s restricted by location, it’s also restricted by platform, as it only works on bitFlyer lightning – the Japanese exchange’s pro trading pool.

New and existing users can enjoy the service up until now, as bitFlyer has yet to announce when the promotion will end.

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      Jimmy has been following the development of blockchain for several years, and he is optimistic about its potential to democratize the financial system.