In the craze of digital currency trading, Line cryptocurrency exchange is officially launched, providing a brand-new digital financial trading platform for 80 million users in Japan. The launch of this platform will have a profound impact on the digital financial market in Japan. Let us explore the background, characteristics and significance of Line cryptocurrency exchange to Japanese users and the digital financial industry.

The launch of Line cryptocurrency exchange marks a new milestone in the digital financial market in Japan. As a communications giant with 80 million users, Line's cryptocurrency exchange will become an important platform for users to trade digital assets. Users can buy, sell and trade cryptocurrencies conveniently and safely through the Line platform, which greatly promotes the development of the digital financial market.

The launch of Line cryptocurrency exchange is not only a product launch, but also a major innovation in the digital financial industry. Through online transactions, users can buy and sell digital assets anytime and anywhere, realizing the possibility of asset appreciation. This convenient and safe trading method will attract more users to participate in the digital financial market and promote the development of the entire industry.

The launch of Line cryptocurrency exchange has brought more digital financial options to Japanese users. Users can choose different cryptocurrencies to trade through the Line platform to achieve asset allocation and risk diversification. This diverse choice will meet the needs of different users and promote the prosperity of the digital financial market.

In addition to providing digital financial transaction services to users, Line Cryptocurrency Exchange also focuses on security and privacy protection. Through advanced encryption technology and strict security measures, the Line platform ensures the security of user transaction data and assets, creating a safe and secure trading environment for users.

The launch of Line Cryptocurrency Exchange will have a profound impact on Japan's digital financial market. As more and more users participate in digital financial transactions, the entire market will become more active, providing more possibilities for the circulation and trading of digital assets. This will further promote the development of Japan's digital financial industry and bring more convenience and opportunities to users.

In general, the launch of Line Cryptocurrency Exchange has injected new vitality and opportunities into Japan's digital financial market. Through convenient and secure trading methods, users can better participate in digital asset transactions, realize asset appreciation and risk management. This will promote the prosperity and development of the digital financial market and bring more digital financial options and opportunities to Japan's 80 million users. With the continuous development and growth of Line Cryptocurrency Exchange, it is believed that it will become an important member of Japan's digital financial market and promote the entire industry to a more prosperous direction.

The four most famous international exchanges:

Binance INTL	OKX INTL	Gate.io INTL	Huobi INTL
China Line　APP DL	China Line　APP DL	China Line　APP DL	China Line　APP DL

Note: The above exchange logo is the official website registration link, and the text is the APP download link.

According to Coindesk on September 18, the communication app LINE officially launched cryptocurrency trading services for its 80 million Japanese users. Just a few days ago, the platform received final approval from regulators.

(Image source: coindesk)

The communication service provider headquartered in Shinjuku, Japan, said in a statement on Tuesday that its Bitmax, called Bitmax, currently allows trading in five cryptocurrency assets, including Bitcoin, Ethereum, Ripple, Bitcoin Cash and Litecoin.

According to the statement, the trading service will be launched in stages starting at 3 pm Japan time on Tuesday. The exchange will first support Android phones. Users can access it through the wallet tab on the mobile app Line, and the exchange is also integrated with LINE Pay to provide a simpler yen purchase process.

LINE said in the statement that the company currently has 81 million monthly active users in Japan and 164 million active users worldwide. The company operates the cryptocurrency exchange through its subsidiary LVC Corporation. On September 6, LVC Corporation received a cryptocurrency currency exchange license issued by the Japanese Financial Services Agency.

Japanese residents can use BITMAX online accounts, and there are no fees for transactions, but top-ups and withdrawals will be charged 108 yen.

When it comes to security, LINE said it uses a wallet developed by Palo alto-based BitGo to isolate customer assets and store them in a cold wallet managed by a dedicated team.

BITMAX implements a strict KYC (know your customer) process for new customers. Applicants can register an account on the app using an ID card and photo collection, a bank account, or by mail.

The cryptocurrency trading service provided by BITMAX will operate separately from the company's Singapore-based exchange Bitbox. Bitbox has been operating since July 2018, but does not accept Japanese and US residents.