Top 10 Crypto Exchanges in Japan in 2023

Given the nation’s enthusiasm for technological innovations, it’s hardly surprising that Japan has secured a pivotal role in the global crypto arena. In 2023, several prominent exchanges operate here, showcasing diverse advantages and challenges. After extensive evaluation, we’ve curated a list of the foremost crypto exchanges available in Japan.

Cryptocurrency Regulations in Japan

Japan is known for having forward-thinking legislation surrounding cryptocurrencies ensures that cryptocurrencies are classified as legal assets under the Payment Services Act (PSA). Furthermore, digital currencies hold status as legal tender in Japan, positioning the country as one of the largest markets for Bitcoin globally. In 2018, Japan took steps to establish a self-regulatory organization for cryptocurrency exchanges, named the Japanese Virtual Currency Exchange Association. considered Despite these advancements, Japan has dealt with its share of significant cryptocurrency thefts, notably the Coincheck breach, which saw $530 million worth of digital assets vanish. Consequently, the government has prioritized the establishment of regulations for exchanges, institutions, and funds involved in the cryptocurrency sector. This year, the country plans to unveil remittance regulations aimed at curbing the use of cryptocurrencies in illegal money laundering activities. is recognized as the globe’s fastest-growing cryptocurrency exchange platform. With over 10 million users worldwide, it is dedicated to delivering unparalleled reliability and innovative product offerings that create unmatched trading and investment options. Bybit allows individuals to effortlessly trade cryptocurrencies like Bitcoin (BTC), Ether (ETH), and Tether (USDT), explore an extensive array of crypto derivatives, including perpetual and futures contracts, and manage their digital assets within a secure decentralized Web3 ecosystem while creating stable and low-risk returns through Flexible Savings, Liquidity Mining, Shark Fin, and more. , which gathers all crypto exchanges.

Users can engage in buying, selling, and trading NFTs with creators, artists, and collectors globally. The Bybit platform provides a seamless user experience, enabling effortless placement of trade orders across both spot and derivatives markets. It has enhanced its controls, featuring intuitive navigational tools that facilitate easy deposits, transfers, and receipts of Bitcoin (BTC), ETH, USDT, XRP, and additional cryptocurrencies.

Top 10 Cryptocurrency Exchanges

ByBit

Bybit Capable of processing up to 100,000 transactions per second (TPS), the platform instills user confidence through features like take profit/stop loss (TP/SL). Furthermore, 24/7 live chat support ensures that user inquiries are handled promptly and efficiently, with extensive language assistance.

For those seeking further information about Bybit, the Bybit Blog serves as a valuable resource. Additionally, users can connect with communities on platforms such as Twitter, Facebook, Instagram, and Telegram.

or utilize the code “MPOST” to deposit $100 USDT and receive a $20 cash bonus! This bonus is available for withdrawal. I personally deposited $100 and received my $20 within a week.

is arguably the most well-known Bitcoin exchange in Japan, boasting 2.5 million users since its inception in 2014. Over the years, it has developed into one of the country’s largest crypto exchanges. Known for its solid reputation, bitFlyer offers competitive fees, robust security features, and dependable trading services. As a major player in Japan's crypto landscape, as well as having a presence in other markets, bitFlyer benefits from high liquidity, which facilitates smoother buying and selling of cryptocurrencies at competitive rates. The exchange is regulated not only in Japan but also in the United States and Europe.

Click this link There are no fixed fees per trade for standard transactions.

bitFlyer

bitFlyer This platform facilitates crypto trading at exceedingly low fees, starting from just 500 JPY (under $4), and is recognized for its user-friendly nature. Established in 2012, Coincheck has quickly become one of the largest exchanges in Japan, even introducing an NFT marketplace along the way. This exchange offers completely free trades and does not impose any taker or maker fees, presenting a significant advantage for cryptocurrency users in Japan, as there are limited affordable options available. However, it has faced security challenges in the past that led to substantial user losses. Nevertheless, it has since taken steps to strengthen its security measures.

Pros:

• Additional features include an NFT marketplace and the option to purchase and trade cryptocurrencies with credit cards.
• Trusted by millions since 2014
• Easy-to-use trading interfaces
• 24/7 support
• Strong security features

Cons:

• A small list of supported currencies
• Low trading volumes

Coincheck

Coincheck is the largest and most favored global cryptocurrency exchange, welcoming users and transactions from 190 countries, including Japan. The platform enjoys a solid reputation and presents a vast range of cryptocurrencies with relatively low trading fees.

Pros:

• No trading fees
• User-friendly interface
• Security is paramount for Binance. The exchange has employed a series of robust measures to protect users' funds, including two-factor authentication, cold storage solutions, and routine security assessments. Renowned for its innovative approach, Binance plays an instrumental role in the advancement of the cryptocurrency ecosystem.

Cons:

• Limited coin selection
• Security concerns

Binance

Binance A vast array of cryptocurrencies is accessible

is a cryptocurrency trading platform headquartered in Tokyo, accommodating 10 fiat currencies and over 100 crypto assets. It frequently ranks among the

• Pros:
  top ten exchanges worldwide concerning trading volume and liquidity. The exchange places a strong emphasis on security while offering low fees and margin trading options. Liquid’s user-friendly interface is particularly helpful for novices navigating the trading world. The platform supports multiple languages, providing accessibility to users across the globe.
• Low trading fees
• Secure multi-currency wallet
• Good liquidity

Cons:

• High withdrawal fees
• Regulatory issues

Liquid

Liquid.com Renowned for its dedication to regulatory adherence, Liquid is licensed in both Japan and Singapore and follows stringent compliance protocols. top represents another prominent Tokyo-based cryptocurrency exchange that offers trading across various digital assets and boasts a considerable share of the Japanese market. Bitbank features some of the most competitive trading fees globally, with fixed charges that remain unaffected by asset types, trading volumes, or user activity. This setup enhances its accessibility for local traders, particularly those without large investment sums.

The exchange prides itself on transparency, delivering detailed metrics on trading volumes, fees, and other vital data that empower traders to make informed investment choices.

Pros:

• Strong focus on security
• User-friendly
• Margin trading
• Low fees

DMM Bitcoin

• OKX
• Cryptocurrency Regulations in Japan

Japan is known for having

, which gathers all crypto exchanges. A reliable and respected cryptocurrency trading venue

uses cold storage for cryptocurrencies, considered a secure method of preservation.

Top 10 Cryptocurrency Exchanges

• Offers analytical insights and predictive tools for the market
• Only accommodates the Japanese yen as a fiat payment option, which may pose challenges for non-Japanese traders.
• ByBit
• Top 10 Crypto Exchanges in Japan in 2023
• is a cryptocurrency exchange operated by the prominent GMO Internet Group in Japan and supports a variety of 22 crypto assets. As one of the leading crypto exchanges in Japan, GMO Coin boasts some of the industry’s lowest trading costs. Users can set up an account in just 10 minutes, allowing them to commence trading immediately. GMO Coin seamlessly blends cutting-edge trading technology with a commitment to transparency and innovation. Its affiliation with the GMO Internet Group provides an essence of trust and reliability, making it an attractive choice for investors seeking a credible trading platform.

Bybit

• Click this link
• Beyond regulation opinions by Japanese authorities, there is limited publicly available information regarding GMO Coin’s security and reliability.

bitFlyer

bitFlyer is a well-regarded and favored cryptocurrency exchange known for its secure and trustworthy trading environment. The platform features a variety of advanced trading tools and functionalities suitable for seasoned traders, including margin trading and futures contracts. With a strong focus on safeguarding user assets and information through standard industry protocols, Huobi Japan is also recognized for its compliance with regulations set by the Japanese Financial Services Agency, which reinforces its trustworthiness in the market.

Pros:

• Trusted by millions since 2014
• Easy-to-use trading interfaces
• 24/7 support

Strong security features

• Cons:
• Trading costs are notably reasonable, with maker fees starting from 0% and taker fees beginning at 0.2%.

A small list of supported currencies

Coincheck A few users have expressed dissatisfaction with the potentially slow response times from customer support.

Top 10 Crypto Exchanges in Japan in 2023

• Coincheck
• Pros:
• Deposit methods are restricted to bank transfers only.
• No trading fees
• User-friendly interface

Cons:

• is a dependable and credible trading platform for both Japanese and international traders alike. The exchange has instituted various security protocols to ensure the safety of user funds, including dual-factor authentication, cold storage, and multi-signature mechanisms. Its interface is designed to be straightforward and user-friendly, making it appealing to novices. Additionally, this exchange holds a solid reputation within the cryptocurrency sector and is licensed by Japan's Financial Services Agency (FSA), which attests to its commitment to regulatory compliance.
• Limited coin selection
• Features a mobile application for trading convenience on the go.

Security concerns

Top 10 Crypto Exchanges in Japan in 2023 Provides competitive trading fees alongside margin trading capabilities.

Binance

• Pros:
• Low trading fees
• Has faced previous security incidents and hacking challenges that resulted in financial losses.
• Users have noted that customer support may not always be as prompt or helpful as expected.

Secure multi-currency wallet

• The Leading 10 Cryptocurrency Exchanges in Japan for 2023 Metaverse Post
• Given the country's enthusiastic adoption of technological advancements, it's no wonder Japan has established itself as a central hub in the cryptocurrency sphere. As we look at 2023, there are a number of significant exchanges operating here.

Good liquidity

High withdrawal fees FTC's Attempt to Block the Microsoft-Activision Merger Fails

Regulatory issues

• Published: March 13, 2023 at 10:58 AM Updated: June 15, 2023 at 6:27 AM
• To enhance your experience in your native language, we occasionally use an auto-translation tool. Keep in mind that this feature may not always provide precise translations, so please proceed with caution.
• Here are some of the premier crypto exchanges for traders situated in Japan, including well-known names like bitFlyer, Coincheck, Binance, Liquid, Bitbank, GMO Coin, Huobi Japan, Bitpoint Japan, DMM Bitcoin, and OKX.

Liquid

• Our selection of Japan's foremost crypto exchanges takes into account various key elements such as security measures, transaction fees, user-friendliness, the range of cryptocurrencies supported, and financing alternatives.

Top 10 Crypto Exchanges in Japan in 2023

top Given Japan's openness to technological advancements, it is not unexpected that the nation has become a pivotal player in the cryptocurrency market. In 2023, various notable exchanges are available to users, each offering unique advantages and drawbacks. After conducting comprehensive research, we've put together a compilation of the top 10 crypto exchanges in Japan.

Japan's forward-thinking approach to cryptocurrency regulation

Pros:

• The nation recognizes cryptocurrencies as legal assets according to the Payment Services Act (PSA). This means cryptocurrencies enjoy status as legal tender in Japan, positioning the country as one of Bitcoin's largest markets worldwide. Back in 2018, Japan initiated the formation of a self-regulatory body for crypto exchanges, known as the Japanese Virtual Currency Exchange Association.
• Strong focus on security
• User-friendly
• Margin trading
• Low fees
• DMM Bitcoin

OKX

• Cryptocurrency Regulations in Japan
• Japan is known for having
• considered

, which gathers all crypto exchanges. Top 10 Cryptocurrency Exchanges

ByBit

Top 10 Crypto Exchanges in Japan in 2023	Bybit	Click this link	bitFlyer	Top 10 Crypto Exchanges in Japan in 2023
bitFlyer	Pros:	Trusted by millions since 2014	Nonetheless, Japan has faced its fair share of significant crypto-related security breaches, such as the notorious Coincheck incident which led to the theft of $530 million in digital assets. In light of these events, the government has prioritized regulating exchanges, financial institutions, and funds operating within the crypto sector. To combat the misuse of cryptocurrencies for laundering illicitly obtained funds, the government plans to establish new remittance regulations this year. Easy-to-use trading interfaces 24/7 support Strong security features Cons:	A small list of supported currencies Low trading volumes
Coincheck	0.00%	16	Top 10 Crypto Exchanges in Japan in 2023 Coincheck Pros:	No trading fees User-friendly interface
Cons:	Limited coin selection	350+	Bybit is recognized as the world’s fastest-growing crypto exchange and trading platform, attracting trust from over 10 million users globally. This platform is dedicated to offering superior reliability and innovative products, presenting unparalleled trading and investment opportunities. Bybit enables users to easily acquire and trade cryptocurrencies like Bitcoin (BTC), Ether (ETH), and Tether (USDT). They can also explore a diverse range of crypto derivatives, including perpetual and futures contracts, while storing, sending, and receiving crypto within a robust decentralized Web3 environment. Users can also earn stable, low-risk yields with features such as Flexible Savings, Liquidity Mining, Shark Fin, and even engage in copy trading. Security concerns Binance Top 10 Crypto Exchanges in Japan in 2023	Binance Pros:
Low trading fees	Secure multi-currency wallet	100+	Good liquidity Cons: High withdrawal fees Regulatory issues	Liquid
Top 10 Crypto Exchanges in Japan in 2023	Liquid.com	24	Users can list, buy, sell, and trade NFTs alongside creators, artists, and collectors from across the globe. Bybit is tailored for a smooth user experience, allowing users to execute trade orders effectively on either the Spot or Derivatives markets. Improvements to input controls, along with more intuitive navigational features, allow deposits and transactions in Bitcoin (BTC), ETH, USDT, XRP, and more with ease. The platform boasts an impressive capability, managing up to 100,000 transactions per second (TPS). Additionally, it equips users to trade confidently utilizing features such as take profit/stop loss (TP/SL). With live chat available 24/7, customer support is swift, professional, and multilingual, ensuring that inquiries are handled efficiently. top For further insights about Bybit, users are encouraged to check out the Bybit Blog and connect with communities on platforms like Twitter, Facebook, Instagram, and Telegram. Alternatively, you can use the code 'MPOST' and deposit $100 USDT to receive $20 in cash! This cash is fully withdrawable. I personally deposited my $100 and received the $20 within a week.	Pros: bitFlyer stands out as arguably the most sought-after Bitcoin exchange in Japan, boasting a user base of 2.5 million. Founded in 2014, bitFlyer has grown into one of the largest crypto platforms in the nation. The exchange is well-respected, featuring competitive fees, solid security measures, and dependable trading services. As a major player in the Japanese market, bitFlyer ensures high liquidity, facilitating user transactions of cryptocurrencies at attractive pricing. It operates under regulations from Japan, the USA, and Europe.
Strong focus on security	User-friendly	12+	Margin trading Low fees	Cons: There is no fixed fee per transaction for standard trades
Limited currency selection	Limited deposit options	400+	Bitbank Top 10 Crypto Exchanges in Japan in 2023 Bitbank Pros: Relatively low transaction fees	User-friendly and easy to navigate Cons: Limited customer service options
GMO Coin	Top 10 Crypto Exchanges in Japan in 2023	17+	GMO Coin Pros: allows buying and selling cryptocurrencies using three different payment methods, starting from a minimal amount of 500 JPY (which is less than $4). Its user-friendly interface has earned high praise. Launched in 2012, Coincheck has steadily become one of Japan's largest crypto exchanges, even introducing an NFT marketplace. It provides free trades and does not charge any taker or maker fees—a significant advantage for crypto buyers in Japan, amidst a scarcity of budget-friendly options. Despite experiencing security breaches in its past that resulted in significant user losses, Coincheck has rolled out improved security measures. Notable features include an NFT marketplace and the ability to conduct cryptocurrency transactions using credit cards.	Binance is recognized as the most extensive and favored global crypto exchange, welcoming users and handling payments from 190 countries, including Japan. This platform enjoys a stellar reputation and presents an extensive array of cryptocurrencies paired with competitive trading fees. Binance prioritizes security, having implemented various measures to safeguard user funds, such as two-factor authentication, cold storage, and routine security audits. This platform is also celebrated for its innovative spirit and dedication to advancing the cryptocurrency ecosystem.
Low trading fees	0.00%	7+	A vast array of cryptocurrencies available is a cryptocurrency trading platform situated in Tokyo, providing support for 10 fiat currencies and over 100 crypto assets. It frequently ranks among the top 10 exchanges worldwide in terms of both volume and liquidity. The exchange emphasizes security, offering low fees and margin trading options. Liquid features an interface that is user-friendly and simple to navigate, catering even to beginners. The platform supports multiple languages and is accessible to international users. Liquid also exhibits a strong commitment to regulatory compliance. The exchange is licensed in both Japan and Singapore and adheres to strict regulatory frameworks.	Regulated
Easy to use	Cons:	+300	is another notable cryptocurrency exchange located in Tokyo, facilitating multi-cryptocurrency trading and holding a considerable market share in Japan. Bitbank boasts some of the lowest trading fees in the global crypto landscape, implementing fixed fees that remain unaffected by assets or trading volume. This can significantly ease the trading experience for Japanese investors, especially those with smaller capital to explore. Limited options Huobi Japan Top 10 Crypto Exchanges in Japan in 2023 Huobi Japan Pros:	Regulated Wide variety of cryptocurrencies User-friendly interface

Strong security track record

The exchange is transparent, offering users in-depth information on its trading volumes, fees, and various metrics, empowering traders to make more informed investment choices.

Cons: Regulatory scrutiny in the past A reliable and credible cryptocurrency exchange

holds cryptocurrencies in cold storage, a method recognized for its enhanced security

Offers market analytics and predictive algorithms

Bitpoint Japan

Only accepts the Japanese yen as the fiat currency, which could pose challenges for users from outside Japan. Top 10 Crypto Exchanges in Japan in 2023 Bitpoint Japan

Pros:

• User-friendly
• is a crypto exchange owned by the prominent GMO Internet Group based in Japan, catering to 22 different crypto assets. GMO Coin stands out as one of the largest crypto exchanges in Japan, providing some of the lowest trading costs available. Users can create an account in as little as 10 minutes, allowing them to dive into trading immediately. GMO Coin pairs advanced trading technology with a commitment to transparency and innovation. Its affiliation with GMO Internet Group gives investors a sense of stability and trust, making it an appealing option for cryptocurrency enthusiasts seeking a reliable exchange.
• There has been no substantial information available about the security or reliability of GMO Coin, aside from its regulation by Japanese authorities.
• is a well-respected cryptocurrency exchange known for its reliable and secure trading platform. It provides a range of sophisticated trading tools and features designed for seasoned traders, such as margin trading and futures contracts. The platform is heavily focused on security and employs industry-standard safeguards to protect user funds and information. Huobi Japan is also licensed and governed by the Japanese Financial Services Agency, further enhancing trust and credibility among users.
• Trading costs are relatively low, with maker fees starting at 0% and taker fees commencing at 0.2%.