DMM Bitcoin will launch a new service site for virtual currency trading on January 10, 2018, and we plan to start accepting account opening applications on January 11.
There are 7 virtual currencies that can be traded, 3 currency pairs for spot trading and 14 currency pairs for leveraged transactions.
The 7 supported cryptocurrencies are bitcoin (BTC), ether (ETH), nem (XEM), ripple (XRP), litecoin (LTC), ethereum classic (ETC), and bitcoin cash (BCH). Spot trading is available for trading pairs – BTC/JPY, ETH/JPY and ETH/BTC. Leverage of 5x is available for 14 trading pairs. While there is no transaction fee, the leverage fee is 0.04% per day.
In comparison, rival GMO Internet’s exchange, GMO Coin, currently supports 5 cryptocurrencies – BTC, ETH, LTC, XRP, and BCH. This exchange offers 5x, 10x, and 25x leverage at a fee of 0.05% per day.
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