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Author Topic: Tomorrow 31th May (Japan time) will open internet giant GMO Btc trading platform  (Read 2808 times)
formajocoto (OP)
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May 30, 2017, 01:23:00 PM
 #1

Will this affects price?

GMO is a Japanese trading platform for Forex, Equities, Stocks and now Bitcoin, it is insured for hacker attacks and regulated by Japanese Financial Services Agency
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May 30, 2017, 02:04:30 PM
 #2

Will this affects price?

GMO is a Japanese trading platform for Forex, Equities, Stocks and now Bitcoin, it is insured for hacker attacks and regulated by Japanese Financial Services Agency

First time I heard abut it. Which currencies can you trade with Bitcoin on it?

Anyway, everything online can be attacked...

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May 30, 2017, 02:05:51 PM
 #3

Will this affects price?

GMO is a Japanese trading platform for Forex, Equities, Stocks and now Bitcoin, it is insured for hacker attacks and regulated by Japanese Financial Services Agency

they are open also to european users? can you give some links about this platform and the news?
thank you

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May 30, 2017, 02:07:46 PM
 #4

Will this affects price?

GMO is a Japanese trading platform for Forex, Equities, Stocks and now Bitcoin, it is insured for hacker attacks and regulated by Japanese Financial Services Agency

in japan bitcoin is already very big they use it like they use their jpy or yen, it's hard to think that it would make any difference there in japan, if it was another country where bitcoin is not very known perhaps yes, but nonetheless it's a good thing more exchange more possibility to have more people that buy bitcoin

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May 30, 2017, 02:14:43 PM
 #5

I never expected japan to be so dedicated. When i heard them adopting bitcoin as a currency i was like ok fine we will see and little increase in price, but japan became a player it added bitcoin to more than 100k stores , made freakin multiple atm in the country and now it's opening the largest trading platform also. I wish it's neighbour china was also like this.
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May 30, 2017, 02:16:58 PM
 #6

Will this affects price?

GMO is a Japanese trading platform for Forex, Equities, Stocks and now Bitcoin, it is insured for hacker attacks and regulated by Japanese Financial Services Agency
Considering that GMO owns the world's largest Forex brokerage, maybe that will affect bitcoin price.


First time I heard abut it. Which currencies can you trade with Bitcoin on it?

Anyway, everything online can be attacked...
It's not for Bitcoin/Altcoins trading, it's for Bitcoin buying/selling with 'zero' fees on all orders. And true.

they are open also to european users? can you give some links about this platform and the news?
thank you
This is their trading platform's link: https://trade.z.com/ And yes, it's available to Europeans.

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May 30, 2017, 02:25:25 PM
 #7

for the past few months all we keep hearing is the bullshit with SEC and the ETF they denied! and that is like a pathetic little news compared to this one in my opinion Smiley
all we need to know is this:

GMO Click Securities Co. Ltd. – the Japanese conglomerate’s online financial trading subsidiary – is the biggest forex broker in the world with by far the highest trading volumes in the industry globally. and now they are going to have bitcoin too.

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May 30, 2017, 02:38:37 PM
 #8

Will this affects price?

GMO is a Japanese trading platform for Forex, Equities, Stocks and now Bitcoin, it is insured for hacker attacks and regulated by Japanese Financial Services Agency
Considering that GMO owns the world's largest Forex brokerage, maybe that will affect bitcoin price.


First time I heard abut it. Which currencies can you trade with Bitcoin on it?

Anyway, everything online can be attacked...
It's not for Bitcoin/Altcoins trading, it's for Bitcoin buying/selling with 'zero' fees on all orders. And true.

they are open also to european users? can you give some links about this platform and the news?
thank you
This is their trading platform's link: https://trade.z.com/ And yes, it's available to Europeans.

This is great news,
the points above are really attractive, especially the zero fees and open to all worldwide.
I visited their site and yes you can select any country worldwide.
It will be interesting to see what their pricing will be like?
Thanks for posting this.




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May 30, 2017, 02:38:56 PM
 #9

It might affect the price, but the number of people trading in Japan wasn't very high until today.
A new platform will surely bring in new people and some new money to the market, but it won't have a large enough impact to start a rally, especially in Japan.

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May 30, 2017, 02:41:51 PM
 #10

in japan bitcoin is already very big they use it like they use their jpy or yen, it's hard to think that it would make any difference there in japan, if it was another country where bitcoin is not very known perhaps yes, but nonetheless it's a good thing more exchange more possibility to have more people that buy bitcoin

No one in Japan is using it. It is legitimate now, but it's never been used anywhere like the same way as in the US for instance yet. Bitflyer, currently the biggest exchange in Japan, has most of its volume due to less than ten traders.

And if this does become a big deal no one will be using it still. All they'll be doing is trading it.
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May 30, 2017, 02:45:03 PM
 #11

This will give some stability to the bitcoin rate as more people coming in. At the same time, how it is going to pan out remains to be seen

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May 30, 2017, 02:46:05 PM
 #12

I never expected japan to be so dedicated. When i heard them adopting bitcoin as a currency i was like ok fine we will see and little increase in price, but japan became a player it added bitcoin to more than 100k stores , made freakin multiple atm in the country and now it's opening the largest trading platform also. I wish it's neighbour china was also like this.

Japan was wise to jump on the crypto tech train. In the end it is one of few countries which actually invent tech, unlike China which only copies it.  Cheesy

Have it this way, many of the users may missed the early adoption train but that's not the case if you think country-wise.

Japan is the early adopter of bitcoin as a country. While China was banning its usage, Japan took a step forward and actually made it legal. So does Australia. As a result, these countries will benefit most from bitcoin.

Just like people who believed in bitcoin and endured anything for years.

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May 30, 2017, 03:03:10 PM
 #13

maybe tomorrow the price go down, you know, buy the rumor, sell the news
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May 30, 2017, 03:34:22 PM
 #14

Will this affects price?

GMO is a Japanese trading platform for Forex, Equities, Stocks and now Bitcoin, it is insured for hacker attacks and regulated by Japanese Financial Services Agency

First time I heard abut it. Which currencies can you trade with Bitcoin on it?

Anyway, everything online can be attacked...


at first only Bitcoin, in the near future also Ethereum
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May 30, 2017, 03:35:39 PM
 #15

Will this affects price?

GMO is a Japanese trading platform for Forex, Equities, Stocks and now Bitcoin, it is insured for hacker attacks and regulated by Japanese Financial Services Agency

they are open also to european users? can you give some links about this platform and the news?
thank you


website only in Japanese, not even English.
Maybe yes, we will see.
it depends if you need to connect to the account a Jap bank account or not.
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May 30, 2017, 03:35:49 PM
 #16

This is great news,
the points above are really attractive, especially the zero fees and open to all worldwide.
I visited their site and yes you can select any country worldwide.
It will be interesting to see what their pricing will be like?
Thanks for posting this.
If they are regulated by japanese government than it can be pain in ass for international users to go through their extensive KYC policy just like the way foreign traders lost so much in chinese platforms before due to confusing verification terms they have. I would suggest to not use all this new platforms to trade large amount of bitcoins.

 
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May 30, 2017, 03:37:10 PM
 #17

maybe tomorrow the price go down, you know, buy the rumor, sell the news
Nice. I love this strategy because most of the time it is correct. I will sell bitcoin to usdt and then wait for a flash dump

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May 30, 2017, 03:37:10 PM
 #18

for the past few months all we keep hearing is the bullshit with SEC and the ETF they denied! and that is like a pathetic little news compared to this one in my opinion Smiley
all we need to know is this:

GMO Click Securities Co. Ltd. – the Japanese conglomerate’s online financial trading subsidiary – is the biggest forex broker in the world with by far the highest trading volumes in the industry globally. and now they are going to have bitcoin too.


yep, could be something big
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May 30, 2017, 03:38:01 PM
 #19

This is great news,
the points above are really attractive, especially the zero fees and open to all worldwide.
I visited their site and yes you can select any country worldwide.
It will be interesting to see what their pricing will be like?
Thanks for posting this.
If they are regulated by japanese government than it can be pain in ass for international users to go through their extensive KYC policy just like the way foreign traders lost so much in chinese platforms before due to confusing verification terms they have. I would suggest to not use all this new platforms to trade large amount of bitcoins.

yes, at first better staying just watching what happen
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May 30, 2017, 03:44:55 PM
 #20

Can we possibly get some Japanese people to fill some positions in the SEC so that we can get the bloody ETF approved.  Huh The Japanese are

going all out and will soon be the "BoB" {Boss of Bitcoin} ..... The SEC is there to protect the Fiat system, and they have

no vision for the future. The same problems that they used as an excuse to deny Bitcoin ETF's are currently happening in other ETF's like {Oil /

Gold ...}  Roll Eyes

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