Rakuten Is Accepting Account Registrations For Its Newly Launched Exchange 'Rakuten Wallet'.

Rakuten Is Accepting Account Registrations For Its Newly Launched Exchange 'Rakuten Wallet'.

2019-04-17 | Eddy Morgan

Rakuten Is Accepting Account Registrations For Its Newly Launched Exchange 'Rakuten Wallet'.

Japanese leading e-commerce giant Rakuten, has started accepting account registrations for its newly launched cryptocurrency exchange, [Rakuten Wallet].

Presently for now, solely customers who existingly have their account at [Rakuten Bank] or who have already got a Rakuten member ID can sign up in preparation for the launch of trading, the official web-site indicates. It’s not however not clear when it'll start accepting applications from the general public.

The firm added in an 'announcement' that it's additionally extended an automatic support service deploying artificial intelligence technology to answer client inquiries. It’s additionally planning to launch a mobile application permitting its users to trade in different cryptocurrencies, furthermore to make deposits and withdrawals.

The firm recently received a 'license' for its cryptocurrency exchange earlier last month from the Japanese FSA [Financial Service Agency]. The exchange is is registered with the Kanto Local Financial Bureau as a digital currency exchange service provider underneath the country’s PSA [Payment Service Act].

Rakuten Wallet was antecedently called Everybody’s Bitcoin, an exchange Rakuten 'acquired' for $2.4 Mln earlier in August last year. A rebranding of the entity to [Rakuten Wallet] took place on 1st March, at which period the older service was closed.

Rakuten added last August that it believes “the role of cryptocurrency-based payments in e-commerce, offline retail and in P2P payments can grow within the upcoming future.”

“In order to offer cryptocurrency payment methods smoothly, we believe it’s necessary for us to provide a crypto exchange function,” it added.

Rakuten’ e-commerce web-site started accepting payments in Bitcoin [BTC] in 2015, after it integrated its U.S. based web-site with bitcoin payment processor namely ‘Bitnet’.

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