Line (ライン) begins cryptocurrency exchange operations from July!! - Important knowledge of cryptocurrency that beginners can learn - Navi+ - GogoJungle | Auto Trading - Market Analysis

Line (ライン) begins cryptocurrency exchange operations from July!!

Even on smartphone chat apps

the familiarLine

will start in July in Singapore

cryptocurrency exchange “BITBOX”

as announced.

“Why Singapore?”

That is probably because of the strict regulations of the Japanese Financial Services Agency

and the belief that operating in Japan would take longer

to obtain approval.

I feel this way.

What attracts me to LINE is

the fact that it handles more than 30 types of cryptocurrencies

in its offerings.

I am very curious about which cryptocurrencies they will handle

in that sense,

if LINE opens an exchange in Japan

and handles currencies similar to those of other exchanges

like BitFlyer,

it's not very interesting anyway.

So, by opening overseas exchanges

this time,

I personally look forward to it.

However, unfortunately

their stance is that they are not targeting Japan

and will not support Japanese language.

Since the Financial Services Agency is strict,

this might be unavoidable.

Nevertheless, in Japan as well,

Line's exchange may become a good option when choosing overseas exchanges

Now, I have summarized the features of Line's exchange and trading in an article.

In the future, cryptocurrency exchanges including Coincheck

will resume operations,

and I believe there is a good chance the cryptocurrency market will revive again.