bitFlyer Charges Huge Commission Fee To Foreigners Buying Bitcoin

Although Japan seems to be warming adult to cryptocurrency, it can be utterly costly to squeeze Bitcoin. Over in China, people are roughly removing used to profitable a tiny reward cost on tip of a marketplace value. But when people in Japan compensate a cost of over 7.4% in commission, things demeanour distant reduction appealing all of a sudden.

Buying Bitcoin In Japan is Not Necessarily Cheap

People vital in a Eastern partial of a creation might have beheld how some things seem to be some-more costly to them for some reason. Especially when it comes to buying Bitcoin, things can get utterly costly fast. Although there is zero wrong with profitable a tiny reward price, anything above 3% raises some questions.

One Reddit user forked out how his Bitcoin squeeze on a bitflyer sell would be theme to a 7.41% elect fee. It is critical to note this would be a squeeze done by a non-Japanese resident, creation it rather bizarre as to because they would use bitFlyer in a initial place. Then again, these fees are distant too high regardless, and it is an emanate that needs to be addressed.

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