Oct 16,  · The btc trading japan are those who at the beginning had the idea for a social networking website online that have become fb btc trading japan. they employed mark zuckerberg who took . Jun 19,  · Japan’s fastest growing digital currency exchange, Bitbank also offers its clients and customers highly accurate and reliable market insights for the trading of Bitcoin and Litecoin. This . Bitcoin & Cryptocurrency Trading in Japan Japan is considered to be the home of Bitcoin founder Satoshi Nakamoto thanks to the pseudonym. In a way, it is not surprising to see that the country has welcomed cryptocurrencies with open arms and leading the way when it comes to Bitcoin .

Btc trading japan

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Over the past few days, there has been a significant growth in the Japanese market, catapulting it to the second place in terms of volume. It is rather surprising to see the USD market lose ground compared to other regions.

More specifically, no one expected Japan to become the second-largest Bitcoin trading nation based on volume. That said, this change has happened, and Japan is leaving the US behind with relative ease right now.

An exciting development that spells a positive future for Bitcoin in Japan. That situation will not change any time soon. Nor should that be the case, as the PBOC has no direct plans to ban Bitcoin or anything along those lines. Instead, it appears there is less appetite from USD traders to explore cryptocurrency right now. Other than that, the average volume has been rather flat in recent weeks, which is somewhat surprising.

Bitfinex remains the largest trading platform for USD speculators, closely followed by Quoine and Bitstamp. Japanese traders, on the other hands, are flocking to Bitcoin all of a sudden.

The trading volume in JPY has been increasing steadily over the past few days, with a large peak on January Over the past 24 hours, more than 80, Bitcoin has changed hands in the JPY market. That number is well above the 65, Bitcoin traded against the US Dollar.

For now, it remains unclear why this shift is happening at this point in time. We can only hope this trend continues over the coming months, as other countries may join the fray over time. Header image courtesy of Shutterstock. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies. We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies. All Rights Reserved. Advertise Submit a Press Release.

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