⚡ Bottom Line
Bitbank is the premier crypto exchange in Japan for Japanese Yen (JPY) trading, offering maker fee rebates (-0.02%) and world-leading FSA regulatory protection.
🔍 Negative Maker Fees & FSA Regulatory Shield
Bitbank pays traders a rebate of -0.02% for providing liquidity on maker orders. Combined with 100% cold storage custody, it is the highest-volume spot exchange in Japan.
Pros & Cons
✓ What We Love
- Licensed by Japan's FSA — world's strictest crypto regulatory framework
- Negative maker fees (-0.02% rebate) on spot trading pairs
- #1 spot cryptocurrency trading volume in Japan
- Zero security incidents or cold wallet hacks since founding in 2016
- Seamless domestic JPY bank transfer integration (instant deposits)
✗ Room for Improvement
- Exclusively available to Japanese residents
- Curated selection of ~40 top approved Japanese cryptocurrencies
- No crypto derivatives or high leverage trading per Japan JVCEA rules
Fee Structure
Bitbank offers transparent fees competitive with global industry benchmarks. Below is the detailed breakdown of spot, derivatives, and network fees.
| Fee Type | Maker Fee | Taker Fee | Details |
|---|---|---|---|
| Spot Trading | -0.02% | 0.12% | Volume & token discounts available |
| Futures / Perps | N/A | N/A | Competitive derivatives schedule |
| Crypto Deposit | 100% Free | Standard network confirmation | |
| Crypto Withdrawal | Dynamic Network Fee | Adjusted in real-time by blockchain | |
Security & Fund Safety
Bitbank maintains 100% offline multisig cold storage for customer crypto assets, audited and strictly monitored by Japan's FSA.
| Security Measure | Implementation | Status |
|---|---|---|
| Cold Storage Vaults | Geo-distributed multi-signature wallets | ✓ Enabled (95%+) |
| Two-Factor Auth (2FA) | Google Authenticator, YubiKey, SMS | ✓ Supported |
| Proof of Reserves | Merkle-tree cryptographic audit | ✓ Verified |
| Withdrawal Whitelist | Custom address lock & delay timers | ✓ Available |
| Anti-Phishing Codes | Personalized email security phrase | ✓ Active |
Bitbank vs. Competitors
| Platform | Spot Maker | Spot Taker | Rating | Standout Feature |
|---|---|---|---|---|
| Bitbank | -0.02% | 0.12% | 4.3 ★ | 🇯🇵 Negative Maker Fees |
| Kraken | 0.10% | 0.10% | 4.6 ★ | Alternative Choice |
| Binance | 0.10% | 0.10% | 4.5 ★ | Market Benchmark |
Frequently Asked Questions
What does a negative maker fee mean on Bitbank?
When you place a limit order (maker), Bitbank does not charge you a fee; instead, they credit your account with a 0.02% bonus rebate.
Can non-residents in Japan open an account on Bitbank?
No, Bitbank requires Japanese residency verification (My Number Card / Residence Card) and a local Japanese bank account.
Is Bitbank safe and legitimate?
Yes. Bitbank is one of the most secure exchanges in the world, operating under Japan's gold-standard regulatory regime.
How do I get started on Bitbank?
Visit the official Bitbank website, create your account, enable Two-Factor Authentication, deposit funds via crypto or supported fiat payment methods, and you can begin trading immediately.