Welcome to Crypto market(Japanese Yen) in Japan

Crypto Exchange in Japan

Crypto currency exchange in Japan with my review

BitFlyer

Website: https://bitflyer.com/ja-jp/

Twitter: @bitFlyer

• Japan's most famous cryptocurrency exchange
• No. 1 in Japan in Bitcoin trading volume for 6 consecutive years
• No. 1 in Japan in client assets under custody
• Famous for Bitcoin Lightning, a leveraged trade
• Expanding business globally with branches in the U.S. and Europe
• Highly trusted by Japanese megabanks and major corporations
• The exchange system was developed by CEO Yuzo Kano himself and is also white-labeled. The company also has high technological capabilities.
• Although the company has been facing competition from other exchanges in recent years, it is still the most popular.

CoinCheck

Website: https://coincheck.com/ja/

Twitter: @coincheckjp

• The second largest cryptocurrency market in Japan
• A company under Monex Group, Inc. a major Japanese securities company.
• The ease of use of the application is top in Japan. Especially favored by beginner cryptocurrency investors.
• First IEO in Japan to make a splash
• Except for Bitcoin, board trading is not available due to the sales exchange format. Frequent trading is not recommended except for Bitcoin due to high commissions.

Bitbank

Website: https://bitbank.cc/

Twitter: @bitbank_inc

• Mid-tier exchange in Japan
• Low transaction and transfer fees
• User-friendly exchange, favored by many Japanese crypto investors
• Supports Bitcoin's Lightning Network
• A low profile exchange, but I personally consider it to be the easiest to use in Japan.

Liquid by FTX

Website: https://www.liquid.com/ja/

Twitter: @liquidbyftx

• Very focused on security measures, one of the most secure exchanges in Japan
• Transaction volume is comparable to Bitflyer and Coincheck. Top class in Japan
• Acquired by FTX in 2021 and is the most anticipated exchange in Japan in the future

FTX offers an interest service called FTX Earn after acquiring the former Blockfolio. Below you will find more details and reviews of the service

FTX(Blockfolio) Review 2022

GMO Coin

Website: https://coin.z.com/jp/

Twitter: @gmo_coin

• Famous for leveraged trading of crypto assets, including altcoins.
• Most commissions are waived.
• Well-funded and highly reliable as a subsidiary of GMO, one of Japan's leading Internet companies
• Profits are higher and more profitable than Bitflyer, which has several times the trading volume. I can say that the company has good management skills.
• GMO also operates localized exchanges in Thailand
  Thailand Crypto Market
  

BTC Box

Website: https://www.btcbox.co.jp/

Twitter: @btcbox_co_ltd

• Long-established exchange established in 2014
• Long-established, but has never been hacked and has a high level of security
• Exchange often used by Chinese living in Japan. Chinese money is in it.
• Only a small number of crypto currencies are handled

Zaif

Website: https://zaif.jp/

Twitter: @zaifdotjp

• Attractive with its own tokens issued such as Zaif Token,Cosplay Token,etc
• Attractive UI for charts and apps that are easy to use for beginners
• Deeply related to blockchains such as XEM (New Economy Moviment) and XYM (Xymbol)
• A favorite exchange of investors who have been active for a long time

BitTrade

Website: https://www.bittrade.co.jp/ja-jp/

Twitter: @BitTrade_jp

• Huobi Japan changed named to BitTrade
• Japanese Exchange Operated by the World's Leading Huobi
• Huobi Global has opened exchanges for local markets around the world, and Huobi Japan is known as one of the most successful local exchanges.
• The system is very easy to use because it uses Huobi's WhiteLabel.
• Huobi Token (HT) trading is also available, as well as the Huobi Eco Chain (HECO) blockchain.
• Huobi also operates localized exchanges in Korea,Indonesia and India
  Korean Crypto Market
  Indonesian Crypto Market
  Indian Crypto Market
  

DMM Bitcoin

Website: https://bitcoin.dmm.com/

Twitter: @DMM_Bitcoin

• Cryptocurrency exchange operated by the DMM Group, a giant Japanese Internet company
• Very famous for leveraged trading

DeCurret

Website: https://www.decurret.com/

Twitter: @DeCurret

• Company funded by Amber Group (a leading provider of OTC trading and derivatives trading of cryptocurrencies for financial institutions and institutional investors)
• The company provides a service that enables cryptocurrency payments using electronic recharges.

BitPoint

Website: https://www.bitpoint.co.jp/

Twitter: @BITPointJP

• One of the oldest and most established exchanges
• Cryptocurrency exchange under the umbrella of Remix Point, a Japanese TSE Second Section company
• Was famous for leveraged trading using FT4

OKCoin Japan

Website: https://www.okcoin.jp/

Twitter: @OKCoinJapan

• Japanese subsidiary of OK Group, a company with advanced expertise and cutting-edge blockchain technology in the crypto asset industry

SBI VC trade

Website: https://www.sbivc.co.jp/

Twitter: @sbivc_official

• Cryptocurrency exchange of SBI Group, a major Japanese securities company
• Originally TaoTao of Yahoo Group
• Reputed for security, never been hacked

Coinbase Japan

Website: https://www.coinbase.com/places/japan

Twitter: @CoinbaseJapan

• Japan branch of Coinbase in the U.S.
• Currently low trading volume and few investors using the service
• I personally have high expectations for the future.

FTX Japan

Website: https://ftx.com/ja/home

Twitter: @FTX_JP

• FTX Japan is a crypto asset exchange service for Japanese residents
• Compared to the global version of FTX, the number of stocks handled and types of services are limited, but the design of the exchange is similar and easy to use for FTX users.
• FTX Japan was newly launched separately from "Liquid by FTX. Therefore, FTX has developed Liquid by FTX and FTX Japan as separate platforms.

History of Crypto in Japan

2010

Mt.Gox launches bitcoin trading in Tokyo

June 19,2011

Mt.Gox suffers hacking damage of more than $8.75 million in damage.

At this point, customers had not yet been informed of the hack, and trading continued.

2013

Mt.Gox grows to account for 70% of global bitcoin trading volume

Japan's Tokyo-based Mt. Gox Grows to Become World's Largest Cryptocurrency Exchange

January 9, 2014

Japan's top cryptocurrency exchange, bitFlyer, is established.

Yuzo Kano,Japanese cryptocurrency evangelist, becomes Representative Director.

Febuary 7, 2014

Mt.Gox Suspends All Bitcoin Refunds Citing System Failure

Febuary 28, 2014

Mt.Gox begins applying for the Civil Rehabilitation Law. The case becomes public at this time.

March 7, 2014

The government has issued a cabinet decision in the form of a written response to questions about the legal treatment of bitcoin.

The FSA recognized cryptocurrency as having the function of money, and the Diet amended the law to allow private banks to treat bitcoin as such and issue their own similar currencies.

April 8, 2014

ethwings, the predecessor to Zaif, Japan's leading cryptocurrency exchange, launches exchange services

April 24, 2014

Mt.Gox begins bankruptcy proceedings

May 7, 2014

Bitbank, Japan's leading cryptocurrency exchange, established

August, 2014

Coincheck, Japan's second largest cryptocurrency exchange, launches bitcoin exchange service.

March 4, 2015

Tech Bureau, Inc. acquires etwings and relaunches as "Zaif Exchange".

August 1, 2015

Mark Karpeles,former CEO of Mount Gox, Inc. is arrested on suspicion of embezzling assets entrusted by customers.

April 1, 2017

Crypto assets (initially named crypto currency) under Article 2, Paragraph 5 of the Law on Funds Settlement.

Jan 26, 2018

Coincheck's cryptocurrency NEM hacked. The amount of damage was about 58 billion yen. Highest amount of hacked damage at the time.

Apr 6, 2018

Monex, one of Japan's leading securities firms, acquires CoinCheck for ¥3.6 billion.

June 22, 2018

Mt.Gox Moves from Bankruptcy Proceedings to Civil Rehabilitation Proceedings

September 14, 2018

Crypto Exchange Zaif suffers hacking. Bitcoin, Monacoin, and Bitcoin Cash were stolen, with damage worth approximately 6.7 billion yen.

July 12, 2019

Japanese Crypto Currency Exchange BITPoint Suffers Hacking, Cryptocurrency Worth 3.5 Billion Yen Illegally Leaked

October 18, 2019

The Japanese government has decided in a Cabinet decision that donations to individual politicians are considered donations of property interests, although cryptocurrencies are not money or securities.

July, 2021

A bill was passed in the Republic of El Salvador to make bitcoin the second legal tender along with the US dollar.

In response, the definition of "foreign currency" and whether or not it has "compulsory acceptability" in relation to trade and foreign exchange was questioned, and the Japanese government took the position that bitcoin is not a foreign currency under the Funds Settlement Law, but rather a cryptographic asset (crypto currency) as it has always been.

August 19, 2021

Japanese Crypto Asset Exchange Liquid Suffers Hacking. Approximately 10 billion yen leaked.

October 20, 2021

Mt. Gox creditors approve proposed rehabilitation plan that will ultimately lead to the distribution of over $9 billion worth of bitcoin.

Febuary 2, 2022

FTX, the World's Top Cryptocurrency Exchange, Acquires Liquid

April 1, 2022

Japanese Cryptocurrency Exchange Liquid to Change Name to "FTX Japan"