Getting bitcoins in Japan is not an easy task as not all popular crypto exchanges are available to Japanese citizens. This is a current list of bitcoin exchanges that allow users from Japan to buy crypto. They all support buying crypto with credit/debit cards but some of them offer other payment methods as well.
As of August 2016, the exchange had over $160 million transactions per month. Coincheck has a license to operate as a digital currency exchange in Japan and is audited by the Japan Blockchain Association. It’s also a member of the Japan Virtual Currency Business Operator Association and the General Association of FinTech.
It has an attractive website interface It supports bank transfer and bank cards payment methods It provides an intuitive mobile experience through its mobile applications on the Android and iOS systems
The website seems to only be designed for Japanese customers There are complex regulatory procedures for Non-Japanese users
👛 Ease of Use – Medium 👛 Fees – Low 👛 Verification – 1 Day 👛 Reputation – Trusted 👛 Supported fiat – USD, EUR, GBP, AUD, RUB
Launched in July 2017, Binance quickly became the world’s largest centralized crypto exchange, with more than $15 billion in daily trading volume. It has over 30 million users all over the world. Binance offers an impressive number of cryptocurrencies that you can buy, sell, and trade with low trading fees.
Binance is considered one of the safest cryptocurrency exchanges on the market. Binance provides 2FA and both cold storage and multi-sig wallets. It supports spot trading, futures, P2P trading, margin trading, earn (locked and fixed savings, DeFi staking, and yield farming), mining and staking pools. It has over 350+ cryptocurrencies available for trade and 1300+ trading pairs.
⚡️ Deposit fees: Free ⚡️ Withdrawal fees: Vary from crypto to crypto ⚡️ Trading fees: 0.1% ⚡️ Payment Methods: Debit Card, Credit Card, SWIFT, Bank Transfer (SEPA), and more ⚡️ Supported fiat: USD, EUR, GBP, AUD, RUB, and 15+ more
Low fees High liquidity Excellent mobile app Well-established and trusted
👛 Ease of Use – Easy 👛 Fees – High 👛 Verification – 1 Day 👛 Reputation – Trusted 👛 Supported fiat – USD, EUR, GBP, RUB
Cex.io is cryptocurrency exchange platform that allows users to buy and sell various digital assets and store them in their account. It offers a range of trading tools and features for both beginner and experienced traders, including a margin trading platform called CEX.IO Broker where users can trade commission-free. The reputation of the exchange seems to be very high, mainly due to its longevity on the crypto market.
CEX.IO is a cryptocurrency exchange platform that allows users to buy and sell various digital assets and store them in their account. It offers a range of trading tools and features for both beginner and experienced traders, including a margin trading platform called CEX.IO Broker where users can trade commission-free. The platform has a simple and easy-to-use interface and is available on desktop and mobile devices through the CEX.IO app. CEX.IO prioritizes security and is compliant with various regulations and standards such as the Payment Card Industry Data Security Standard (PCI DDS) and the General Data Protection Regulation (GDP). It also offers two-factor authentication and full data encryption. CEX.IO charges transaction fees based on users’ 30-day trade volume and has deposit and withdrawal fees that vary depending on the payment method used. The platform also has a customer support team available 24/7.
Well-established and highly appreciated It has been around for a very long time Over 4 million users Advanced trading features
Extensive Verification Process Lower liquidity when compared to main competitors
Best Bitcoin Wallets in Japan
It is never a good idea to keep your coins on an exchange as that exposes you to numerous risks (exchange hacks, fund freezes by the exchange or some government regulatory body, etc). That is why you should use one of the wallets we list below to store your digital assets.
But, which bitcoin wallet is available in Brazil?
The safest option is a hardware wallet like Nano X but ZenGo is also a good choice, especially for newcomers.
👛 Ease of Use – Easy 👛 Fees – High 👛 Verification – 1 Day 👛 Reputation – Trusted 👛 Supported fiat – USD, EUR, GBP, CAD, AUD
Coinmama is one of the oldest centralized cryptocurrency exchanges on the market. It was founded in Israel in 2013. Today, Coinmama’s head office is in Dublin, Ireland. Using this crypto exchange, you can easily and quickly buy and sell 10 different cryptocurrencies.
Coinmama is a cryptocurrency exchange that allows users to buy and sell a small selection of digital assets using various payment methods, including credit cards, bank account transfers, and payment apps. It is known for its easy-to-use platform and fast verification process, but it has high fees and a limited selection of cryptocurrencies. It also does not offer a wallet service and has mediocre educational content. Coinmama may be a good fit for those who want to make occasional small crypto purchases, but it may not be suitable for long-term use due to its high fees and limited features.
⚡️ Deposit fees: 0 – 5 % ⚡️ Withdrawal fees: None ⚡️ Trading fees: 2.9 – 3.9 % ⚡️ Payment Methods: Bank Transfer (SEPA), SWIFT, Fedwire, Bank cards, Open Banking, Google Pay, Apple Pay, Skrill ⚡️ Supported fiat: USD, EUR, GBP, CAD, AUD
150+ countries supported Mobile App (iOS and Android) Various payment methods Quick verification process
Fees above the industry average Only 10 cryptocurrencies No wallet or trading options, just purchases or sells
Changelly was founded in 2013 in Prague, Czech Republic, by the same guys who established MinerGate, one of the largest mining pools that exist today, so it’s a reliable company. Within a year Changelly has managed to attract over 100,000 users, which is really impressive. Changelly reached the 1,000,000 users milestone in April 2017, which shows how popular this cryptocurrency exchange website is becoming in such a short span of time.
⚡️ Deposit fees: Changelly does not have set fees due to the volatility of cryptocurrencies ⚡️ Withdrawal fees: None ⚡️ Trading fees: 0.25% ⚡️ Payment Methods: Debit Card, Credit Card ⚡️ Supported fiat: USD, EUR, GBP
Wide range of cryptocurrencies Low crypto-to-crypto exchange fees Easy to use
Not regulated in the U.S. High fiat-to-crypto rates Limited payment options
👛 Ease of Use – Easy 👛 TradingFees – Average 👛 Verification – 1 day 👛 Reputation – Trusted 👛 Supported fiat – USD, EUR, GBP, and more
Paybis is a cryptocurrency exchange based in Scotland and in the UK. It was launched back in 2014 so it has longevity on the crypto market. The exchange has offices in Glasgow, as well as in Riga, Latvia.
Paybis is suitable for users who want long-term investments and has a larger user base. It is available in more than 180 countries in the world, including the US. Paybis supports around 40 crypto assets. The main focus of the exchange is on Round-the-clock support, Worldwide access, Fast security checks, high-level security, and Instant payouts. The exchange is regulated by the Financial Conduct Authority under (FCA), UK’s tier-1 regulatory body.
⚡️ Deposit fees: Free (there is a transaction fee – 2.49%) ⚡️ Withdrawal fees: Free ⚡️ Trading fees: 0.99 – 2.49 % ⚡️ Payment Methods: Bank Transfer, Credit/Debit Card, Skrill, and Neteller. ⚡️ Supported fiat: USD, EUR, GBP, and 40+ more
A lot of payment methods and fiat currencies supported It is regulated The longevity of the crypto market Easy-to-use interface
The number of supported cryptocurrencies could be higher No advanced trading features
Frequently asked questions about buying Bitcoin in Japan
What is the easiest way to buy Bitcoin in Japan?❓
Coincheck is one of the largest Bitcoin brokers and exchanges in Japan, in terms of users, average daily volume and investment capital. In fact, it is one of the largest exchanges in Asia.
Can you use Coinbase in Japan❓
Here’s what you need to open a Coinbase account: Being a Japanese citizen resident in Japan over 20 years old.
Does Japan have Bitcoin ATM❓
In Japan, there are Bitcoin ATMs in restaurants in Roppongi, Shibuya, Ginza, and more.
Is blockchain available in Japan❓
Japan was the first country to establish a regulatory framework for crypto assets (“Crypto Assets”). Perhaps because of this head start, blockchain technology is now being increasingly adopted in the Japanese financial industry.
Which cryptocurrencies are allowed in Japan❓
Japan currently has the world’s most progressive regulatory climate for cryptocurrencies and recognizes Bitcoin and other digital currencies as legal property under the Payment Services Act (PSA).
Is Bitcoin taxed in Japan❓
Currently, gains for crypto investors fall under miscellaneous income. Tax rates on crypto gains depend on individual income but the highest earners can be taxed up to 55%. In comparison, the tax rate for stock gains is about 20% for individuals.
Where can I buy Ethereum in Japan❓
On Buy/Sell, Ethereum can be bought or sold for JPY through Coincheck.
Is Bitcoin legal in Japan❓
Yes, cryptocurrencies are legal in Japan. The Payment Services Act defines “crypto-assets” as payment methods that are not denominated in fiat currency and can be used to pay unspecified persons. There are no restrictions on owning and investing in cryptocurrencies.
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I am Petar and I come from a small country in South-Eastern Europe called Serbia. I am a big-time crypto enthusiast and I am proud to be a part of the project. My job with Captainaltcoin is the content editor and content writer position.
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