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You’ll need a Bitcoin wallet before you buy since some exchanges require one.
Don’t have a wallet? Read our guide on the best Bitcoin & cryptocurrency wallets.
Coinmama allows customers in almost every country to buy bitcoin with a credit or debit card.
They charge a ~6% fee on each purchase.
Customers in Europe can also purchase bitcoins with SEPA transfer for a lower fee. Want to buy using Coinmama? This step-by-step guide will show you how to use Coinmama.
We may receive compensation when you use Coinmama.
Please visit Coinmama for its exact pricing terms.
LocalBitcoins is an escrow service which also helps to match bitcoin buyers and sellers. The most common method of payment for purchase is cash deposit.
US$1 billion down, why is Japan still in love with bitcoin?
Even as other Asian nations pull back, the world’s two largest cryptocurrency thefts haven’t turned Tokyo off the blockchain phenomenon
Copyright © 2019 South China Morning Post Publishers Ltd.
You’ve heard about Bitcoin everywhere, and want to learn how to purchase Bitcoin in Japan.
After researching every option available, we’ve assembled a guide that allows you to make an educated decision.
Coinmama is a cryptocurrency brokerage that allows users to purchase Bitcoin (and other cryptos) in exchange for fiat currency. In addition to Japan, Coinmama serves nearly every country around the world.
One important thing to note about Coinmama is that they do not allow users to store cryptocurrency on the exchange. Upon purchase, users are prompted for an address to send the purchased crypto to.
Coinmama specializes in credit and debit card transactions and charges 6% fees on purchases.
Japan’s top financial regulator has approved the remaining crypto exchange that was in business prior to the regulation of the crypto industry. Exchanges in this category were allowed to continue operations while their registration applications were being reviewed. The regulator has so far approved a total of 21 crypto exchanges to operate in the country.
Japan’s Financial Services Agency (FSA) approved the only remaining “deemed cryptocurrency exchange” last week. Lastroots has become the 21st FSA-approved crypto exchange operator in the country. Deemed cryptocurrency exchanges were those in business prior to April 2017 when Japan’s amended Fund Settlement Law and the amended Payment Services Act went into effect.
Among cryptocurrency enthusiasts, Tokyo is often mentioned as one of the most crypto-friendly cities in the world. Recently, it has especially become known for Bitcoin Cash (BCH) adoption, which is a cryptocurrency that has the characteristics of the original Bitcoin (BTC), as intended by the mysterious creator Satoshi Nakamoto. Bitcoin Cash is meant to be used as cash for daily transactions, while Bitcoin (BTC) is not as useful as before with its high transaction fees, etc.
The Bitcoin Cash community in Tokyo is growing. I am an organizer of the Bitcoin Cash Meetup which currently has 1,500+ members. We meet up every Wednesday in Tokyo.