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how to use binance in japan
Sentence based on the article:Binance Japan provides Japanese traders a regulated platform to buy and sell cryptocurrencies with JPY deposits and Japanese language support.
Oct 25, 2024 at 10:17 pm
How to Use Binance in Japan: A Comprehensive Guide
Binance, the world's leading cryptocurrency exchange, has been fully operational in Japan since 2020. The company's local subsidiary, Binance Japan, offers a regulated and user-friendly platform for Japanese traders to buy and sell cryptocurrencies. Here is a step-by-step guide on how to use Binance in Japan:
Step 1: Create an Account
- Visit the Binance Japan website (https://www.binance.com/en-JP) and click on "Sign Up".
- Enter your email address or mobile phone number and create a password.
- Verify your email address or phone number by clicking on the link or entering the code sent to you.
- Complete the KYC (Know-Your-Customer) process by providing your personal information and verifying your identity with a government-issued ID.
Step 2: Fund Your Account
Once your account is verified, you can fund it using the following methods:
- Bank transfer: Transfer Japanese yen (JPY) from your Japanese bank account to Binance Japan's bank account. The minimum deposit amount is 10,000 JPY.
- Credit/debit card: Fund your account using Visa or Mastercard. The minimum deposit amount is 5,000 JPY.
- Cryptocurrency transfer: Deposit supported cryptocurrencies such as Bitcoin (BTC) or Ethereum (ETH) from another exchange or wallet.
Step 3: Trade Cryptocurrencies
- To buy cryptocurrencies, go to the "Markets" page and select the trading pair you want to trade (e.g., BTC/JPY).
- Enter the amount of the base currency (e.g., JPY) you want to spend or the amount of the cryptocurrency (e.g., BTC) you want to buy.
- Choose the order type (e.g., market order, limit order) and click on "Buy BTC" or "Sell BTC".
- To sell cryptocurrencies, follow the same steps but choose the "Sell BTC" or "Sell Altcoin" option.
Step 4: Withdraw Funds
- To withdraw funds from Binance Japan, click on "Wallet" and then on "Withdraw".
- Select the cryptocurrency or JPY you want to withdraw and enter the amount.
- Choose the withdrawal method (e.g., bank transfer, cryptocurrency transfer) and provide the necessary details.
- Review the withdrawal information and click on "Confirm Withdrawal".
Additional Tips:
- Binance Japan offers a trading fee of 0.1% for both the maker and taker.
- The exchange supports Japanese language support and 24/7 customer service.
- Binance Japan complies with Japanese regulations and is a registered Virtual Currency Exchange Service Provider (VASP) with the Japanese Financial Services Agency (FSA).
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research！
If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.
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