According to bitFlyer`press report by, bitFlyer customers can spend above to 100 million yen, approximately $940,000 in order to purchase cars at L’Operaio. The users need to fulfil the only condition - to perform the transaction with the help of the wallet that is suggested by the firm.
As bitFlyer has claimed, the transaction arrangement will only take a “few seconds”. Three (3) Tokyo trades in Setagaya, Nerima and Aoyama have already begun accepting Bitcoin with prospects to develop the feature to all dealership stores in the future.
bitFlyer is one of the largest cryptocurrency exchanges in Japan. The partnership will be begun with 26 dealerships, but the two enterprizes are aimed on expanding it to include in the future 550 more locations.
The exchange was granted a European Union payment institution license in January of this year, making it the most acquiescent virtual currency exchange in the world. It has also cooperated with Bic Camera, the domestic electronic retail giant, to accept Bitcoin payments following a successful path of the last year. The tendency is certainly being adopted, with one of Japan’s largest electronics retail chains Yamada Denki also accepting Bitcoin payments using bitFlyer’s point-of-sale (PoS) payments foundation.
The customers of L’Operaio will have to download and use bitFlyer’s mobile wallet application, which is available in iOS and Android to make acquisition up to 100 million yen, or just under $1 million, using Bitcoin.