BitBank
Exchange
#102
$ 84.21M
Volume
Coin listings
All coin listings# | Coins | Price | |||
---|---|---|---|---|---|
| |||||
| 1 | Bitcoin BTC | $ 106,306.63 | Trade | |
| 2 | XRP XRP | $ 2.22 | Trade | |
| 3 | Ethereum ETH | $ 2,639.68 | Trade | |
| 4 | Dogecoin DOGE | $ 0.209 | Trade | |
| 5 | Solana SOL | $ 165.50 | Trade | |
All coins |
New coin listings
Coins | Price | Added | ||
---|---|---|---|---|
| TRON TRX | $ 0.272 | 5 months ago | Trade |
| Render Token RENDER | $ 4.16 | 6 months ago | Trade |
| Polkadot DOT | $ 4.22 | 6 months ago | Trade |
| Stellar XLM | $ 0.274 | 6 months ago | Trade |
| Mask Network MASK | $ 2.28 | 6 months ago | Trade |
All new coins |
Markets
About BitBank
BitBank Exchange: A Japanese Crypto Hub
BitBank, founded in 2014 as Bitcheck by Noriyuki Hirosue and launched in 2016, is a centralized crypto exchange based in Tokyo, Japan. It’s one of Japan’s largest platforms, focusing on local traders but also welcoming international corporate accounts. With a 24-hour trading volume of around $36.93M as of late 2024, it remains a key player in the Japanese crypto scene.
What BitBank Offers
- Trading Pairs: Supports 43 coins and 56 markets, including BTC, ETH, XRP, LTC, and MONA, all paired with JPY—perfect for Japanese users.
- Low Fees: Makers get a -0.02% rebate, takers pay 0.12%, and withdrawals are affordable (e.g., 0.0006 BTC, slightly above the 0.00053 BTC industry average).
- Platform Features: Offers spot trading, a TradingView terminal with 70+ technical tools, and a mobile app for iOS and Android mirroring the desktop experience.
- Security and Regulation: Licensed by Japan’s Financial Services Agency (FSA), with 2FA, SSL encryption, and 90% cold storage—no major hacks reported.
- Corporate Access: One of the few exchanges allowing non-Japanese corporate entities to trade, with perks like discounted fees and relaxed API limits for VIPs.
Things to Consider
- Japan-Centric: It’s built for Japanese residents—JPY is the only fiat currency, and non-residents (except corporations) can’t open personal accounts.
- KYC Requirements: Mandatory KYC for all users, including selfie verification, due to strict Japanese regulations like the Travel Rule.
- Limited Scope: No margin trading yet (though it’s planned), and the coin selection is smaller than global exchanges like Binance.
- User Feedback: Some users report withdrawal issues (e.g., one 2023 review mentioned funds being hard to access), so proceed with caution.
- Regulatory Pressure: While FSA licensing adds trust, Japan’s tight crypto laws might limit features or accessibility for some.
BitBank is a reliable, regulated option for Japanese traders or international businesses looking for a secure platform with competitive fees. Visit them at https://bitbank.cc to explore their services.