Bitflyer review

Updated September 28, 2026 · HodlCue Editorial Team · Facts checked September 26, 2026

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Our verdict

Bitflyer suits eurozone traders who want derivatives on a regulated central exchange, and suits nobody chasing a long coin list. At 5 coins it sits at 157 of 172 brands on listings, so breadth is the trade-off readers weigh before they open an account.

Key facts

Best for
A tightly scoped exchange for eurozone traders who want derivatives on a short coin list.
Coins listed
5↗
Regulators
Commission de Surveillance du Secteur Financier (CSSF)↗
Fiat deposit methods
Bank, SEPA↗
Derivatives
Yes↗
Exchange type
Cex↗
Legal entity
bitFlyer EUROPE S.A.↗
Headquarters
Luxembourg↗
Founded
2014↗
Support channels
Help-centre↗
Features
Custodial
Official website
bitflyer.com

Facts checked September 26, 2026, 3 sources

Apps and profiles

Get the app
App Store

Pros and cons

Pros

  • Regulated in Luxembourg by Commission de Surveillance du Secteur Financier (CSSF) under MiCA CASP 984500D4465EFA89EF38
  • Fiat deposits cover bank and sepa, the common European routes
  • Derivatives are available, which many short-listed rivals leave out
  • Founded in 2014, so the operation is established

Cons

  • Only 5 listed, against from 650 at Bitpanda and from 350 at bunq
  • Support runs on help centre alone, with no direct channel listed
  • Custody only, as custodial shows, so coins sit with the platform
Bitflyer

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Scored 8.9 / 10 by HodlCue.

Who it suits

  • Eurozone traders funding with bank or SEPA transfers
  • Traders who want derivatives alongside spot trading
  • Readers who put a licence ahead of a long coin list

Who should look elsewhere

  • Traders who need a long coin list, where Bitpanda and bunq go much further
  • Anyone who wants to hold keys themselves, since custody is custodial
  • Traders who need live chat, phone or email support

The company behind it

The regulated entity is bitFlyer EUROPE S.A., based in Luxembourg. It holds MiCA authorisation from the Commission de Surveillance du Secteur Financier, listed as MiCA CASP 984500D4465EFA89EF38. The operation dates back to 2014. Support is limited to help centre, so most questions are answered through self service articles rather than a direct channel.

How Bitflyer compares

Where Bitflyer is available

Licence in Luxembourg
Commission de Surveillance du Secteur Financier (CSSF) (MiCA CASP 984500D4465EFA89EF38), checked September 26, 2026, also valid in Austria, Belgium, Bulgaria, Croatia, Cyprus, Czechia, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Iceland, Ireland, Italy, Latvia, Liechtenstein, Lithuania, Malta, Netherlands, Norway, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, Sweden

Frequently asked questions

How many coins can I trade on Bitflyer?+

Bitflyer lists 5 coins, which is small next to the site median of 62 and the exchange median of 74.5. Readers who prioritise breadth should look at Bitpanda with from 650 or bunq with from 350. Derivatives are available, so the short list is the main limit.

Is Bitflyer regulated?+

Yes. The regulated entity is bitFlyer EUROPE S.A., based in Luxembourg, and the licence is listed as MiCA CASP 984500D4465EFA89EF38. It is authorised by the Commission de Surveillance du Secteur Financier, which appears in Commission de Surveillance du Secteur Financier (CSSF).

How do I fund the account?+

Fiat deposits run through bank and sepa. Bank transfer and SEPA are the routes listed, both common across Europe, and bank transfer is also the most common method on the exchange ranking at 91.8%. No card route appears for this brand.

Can I trade derivatives on Bitflyer?+

Derivatives are available, yes. The brand is a cex exchange, so spot and derivatives sit on one custodial account. On the derivatives ranking, 100% of brands offer them, so this is a real differentiator rather than a niche feature.

Do I hold the keys to my coins?+

No. Custody is custodial, as custodial shows, which is the norm with 23.5% of brands on the site and 68% in the exchange ranking. If holding your own keys matters, a self custody venue suits you better.

What support can I reach?+

Support runs on help centre only. Across the site, a help centre is the most common channel at 79.6%, and live chat and phone support are less usual. Expect to search the help centre rather than talk to someone.

Who is Bitflyer suited for?+

It suits eurozone traders who want a small catalogue plus derivatives, and readers who rank a licence first. It suits less well anyone chasing long coin lists, self custody, or a direct support channel. The entity was founded in 2014, so the operation itself is established.

What fees apply to standard trading?+

Trading costs for this brand are not given in its published details, so the taker fee has to be read from the site wide medians: 0.2% across the site and 0.2% in the exchange ranking. Monthly fees sit at €0 at the median, so a subscription is the exception.

Sources

Compiled from 3 source pages, checked September 26, 2026. We did not open an account.

Not confirmed yet: Taker fee.

Bitflyer

Bitflyer

A tightly scoped exchange for eurozone traders who want derivatives on a short coin list.

8.9/10See alternatives