How to choose the best bitcoin exchange in Japan?

With hundreds of platforms to choose from in Japan, finding the best Bitcoin exchange for your needs is a challenging task. To make your choice easier, consider these key factors when comparing exchanges: Where the exchange is based and how it is regulated. Using local exchanges can be a good idea where possible.

Is it safe to buy bitcoin in Japan?

Yes, you can buy bitcoin safely and anonymously by using P2P (Peer to peer) exchanges like Bisq, Paxful, LocalSwap and LocalBitcoins. Can you buy bitcoin futures in Japan? Yes, popular Bitcoin futures exchanges like Bitmex, Deribit, and FTX enable users to long or short BTC with up to 100x leverage.

How to buy cryptocurrency in Japan?

Some exchanges in Japan let you buy with fiat currency, while others are for trading cryptocurrencies only and don’t accept fiat deposits. They tend to offer lower fees and better rates than brokers, provide access to a more diverse range of coins and can also be used to actively trade cryptocurrencies.

What are the best bitcoin wallets in Japan?

There are three main types of Bitcoin wallet and all of them are supported in Japan: Cold-storage (paper or steel wallets, the latter of which are used to backup your main wallet. The Ledger Nano X is the newest crypto hardware wallet, and is very easy to use.