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Cryptocurrency exchange bitFlyer adds support for LSK token

Blockchain app platform Lisk has announced that its LSK token is now listed on Japanese cryptocurrency exchange bitFlyer, allowing the token holders to trade against fiat on the exchange.

bitFlyer was recently granted a payment institution (PI) license to operate its services in the European Union. Established in Japan 2014, it launched its US operation in November 2017 and has now become the first crypto exchange to be regulated in Japan, the US, and Europe, enabling customers in these jurisdictions to buy, sell, and spend bitcoins. To celebrate its European launch, bitFlyer is offering European Union customers zero percent trading fees as an introductory promotion until the end of February 2018.

“This represents a landmark achievement for Lisk as we build momentum towards our relaunch on February 20th in Berlin and is a powerful vote of confidence from one of the world’s largest crypto exchanges. For Lisk to be added to such an exchange underlines the strength of our offering, and we look forward to allowing more users to build their own applications from the ground up,” Lisk Co-Founder and CEO Max Kordek said.

LSK, the utility token underpinning the Lisk platform, is the top token in Germany with a market capitalization of over $3 billion USD. Lisk conducted what many consider the first modern ICO, raising almost $6 million USD, which at the time constituted the largest crowdfunding initiative in German history.

“The addition of LSK to the bitFlyer exchange will help strengthen the Lisk community and LSK itself, abetting our mission to simplify the creation of blockchain applications, making blockchain technology more accessible to everyone. It comes at a time when Lisk is approaching new avenues of development and expansion as we prepare for our relaunch on February 20th,” added Kordek.

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