How To Buy Bitcoin in Japan?
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Easiest and cheapest ways to buy crypto in Japan
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.
Deposit fees:
Free Withdrawal fees:
JPY Withdrawal: 400 JPY Trading fees:
None Payment Methods:
Bank Transfer, Debit Card, Credit Card Supported fiat:
USD, JPY
 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
Binance
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.
More info +
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
Hacked in 2019
Not accessible to U.S. users
Cex.io
Ease of Use – Easy Fees – High Verification – 1 Day Reputation – Trusted Supported fiat – USD, EUR, GBP, RUB
Cex.io is one of the crypto exchanges that has been around the longest, since 2013. At first, it started only as a Bitcoin exchange and cloud mining provider, but we can now safely say Cex.io is a g global crypto platform that has over 4 million users. The reputation of the exchange seems to be very high, mainly due to its longevity on the crypto market.
More info +
margin trading, staking as a service, crypto loans, and savings accounts. CEX is authorized as an MSB by FinCEN and has a Level 2 PCI DSS data security clearance. The exchange shows due diligence for storage, processing, and transmission of payment cards data.
Deposit fees:
 0 – 3.99 % Withdrawal fees:
0 – 3 % Trading fees:
0 – 0.25 % Payment Methods:
Credit Card, Bank transfer, ACH, Epay, Skrill, SEPA, Faster Payments Supported fiat:
USD, EUR, GBP, RUB
 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. Safest option is a hardware wallet like Nano X but ZenGo is also a good choice, especially for newcomers.
ZenGo is an easy iOS/Android Bitcoin & cryptocurrency wallet. Getting started takes less than 20 seconds.
extremely safe as it uses biometrics for security
you can buy crypto directly from it
has savings and staking account
No major flaws
Electrum is one of the oldest and most popular desktop multi-currency wallets which is compatible with Windows, Mac, and Linux
One of the oldest wallets in the market
you can buy and stake directly from the wallet
supports all major coins and blockchains
Not completely open source
Ledger Nano XÂ is a leading and most secure cold storage wallet that connects to your device via Bluetooth.
Safest wallet in the market
competitive price
supports a lot of coins
you can buy directly from the wallet
stake directly from the wallet
Small display
complicated to setup for newbies
Read also:
- How To Buy Bitcoin in The United Arab Emirates?
- How To Buy Bitcoin in Canada?
- How To Buy Bitcoin in Nigeria?
- How To Buy Bitcoin in Singapore?
Coinmama
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.
More info +
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
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
Paybis
Ease of Use – Easy Trading Fees – 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.
More info +
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 featuresÂ
Frequently asked questions about buying 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.
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.
Here’s what you need to open a Coinbase account: Being a Japanese citizen resident in Japan over 20 years old.
In Japan, there are Bitcoin ATMs in restaurants in Roppongi, Shibuya, Ginza, and more.
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.
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).
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.
On Buy/Sell, Ethereum can be bought or sold for JPY through Coincheck.
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