CEX PROOF OF RESERVES JFSA MICA CASP
bitFlyer review
Japan's leading regulated crypto exchange
The verdict
7.5 / 10 · CONSIDER
bitFlyer (Tokyo, founded 2014) is Japan's largest crypto exchange by volume. JFSA registered crypto-asset exchange service provider. Also operates EU (Luxembourg subsidiary, MiCA CASP) and US (FinCEN MSB) entities. Japanese-yen primary; strong institutional presence in JP.
◆ BUY IT IF
- JFSA-licensed — Japan's most respected regulator
- Multi-region (JP + EU + US)
- Lightning Network support (rare)
- Long track record in JP since 2014
◇ SKIP IT IF
- Smaller token universe than Binance / OKX
- Higher fees on JPY trades than Coinbase JP
- Limited derivatives
- Japanese-language-first product (English limited)
§ 01 SCORE BREAKDOWN
Seven axes, weighted.
DIMENSION WEIGHT RATING SCORE
Regulatory safety
JFSA Crypto-Asset Exchange Service Provider registration #00003 (Japan). MiCA CASP (Luxembourg). FinCEN MSB (U
Trading fees
Maker 0.16% · Taker 0.26%
Coin selection
30 coins supported
Liquidity
CEX — order-book depth
User experience
Security
Publishes Proof of Reserves
Support
§ 02 SPECIFICATIONS
Everything, in one table.
Regulation
- Regulatory status
- JFSA Crypto-Asset Exchange Service Provider registration #00003 (Japan). MiCA CASP (Luxembourg). FinCEN MSB (US).
- KYC required
- Yes
- Proof of Reserves
- Yes
- Founded
- 2014
- Type
- CEX
Fees
- Maker fee
- 0.16%
- Taker fee
- 0.26%
- Withdrawal fee
- Variable
Trading
- Spot trading
- Yes
- Futures trading
- Yes
- Margin trading
- No
- Copy trading
- No
- Supported coins
- 30
Other features
- Earn / staking
- Yes
- Debit card
- No
- Fiat on-ramp
- No
§ 03 FAQ
Frequently Asked Questions
Is bitFlyer safe to use? +
bitFlyer JFSA Crypto-Asset Exchange Service Provider registration #00003 (Japan). MiCA CASP (Luxembourg). FinCEN MSB (US).. The platform publishes proof of reserves.
What are bitFlyer's trading fees? +
bitFlyer charges 0.16% maker fee and 0.26% taker fee.
How many coins does bitFlyer support? +
bitFlyer supports 30 coins and tokens. Spot trading is available. Futures trading is also supported.
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