bitFlyer vs GMO Coin
- Comparing
- two exchanges
- Decided by
- Editorial rating
- Last reviewed
- 2026-08-23
Japan's most established exchange, deeply wired into the domestic banking system, with a beginner screen whose spread costs far more than its order book.
FSA-registered exchange backed by a listed Japanese internet group, with a 0.05 percent taker fee and free crypto withdrawals up to a monthly threshold.
Verdict: GMO Coin
GMO Coin rates higher on our rubric: 4.3 against 4.2 for bitFlyer.
- Criterion
- Editorial rating
- bitFlyer
- 4.2
- GMO Coin
- 4.3
bitFlyer and GMO Coin, fact by fact
Every row is from the two reviews as of their review dates, with sources on each. A check marks the side a decidable criterion favours; rows without one are information, not a score.
| Fact | bitFlyer | GMO Coin |
|---|---|---|
| Editorial rating | 4.2 | 4.3 (favoured on this row) |
| Published fees | Lightning 0.01% to 0.15% | 0.05% taker, free withdrawals |
| Maker fee | Tiered from 0.01 to 0.15 percent on Lightning | Not published |
| Taker fee | Tiered from 0.01 to 0.15 percent on Lightning | 0.05 percent |
| Identity verification | Required | Required |
| Bitcoin-only | No | No |
| Payment rails supported | 1 | 1 |
| Countries ranked in | 1 | 1 |
| Ranks first in | 0 | 0 |
| Countries shared | 1 | 1 |
| Security record | No record on file | No record on file |
| Founded | 2014 | 2016 |
| Headquarters | Tokyo, Japan | Tokyo, Japan |
| Last reviewed | 2026-08-23 | 2026-08-23 |
Where both bitFlyer and GMO Coin are ranked
Each country guide ranks its own roster on published fees, security record and local payment support, so the two can sit in a different order from one country to the next.
| Country | Status | bitFlyer ranks | GMO Coin ranks | Comparison |
|---|---|---|---|---|
| Japan | Legal | #3 | #2 |
JapanFrequently asked questions
Is bitFlyer or GMO Coin better?
GMO Coin rates higher on our rubric: 4.3 against 4.2 for bitFlyer. The rating weighs published fees, security record and local payment support; the table above sets each beside the other so you can check the score against the facts.
Which is cheaper, bitFlyer or GMO Coin?
bitFlyer: Lightning 0.01% to 0.15%. GMO Coin: 0.05% taker, free withdrawals. Those are each platform's published headline rates; card purchases and instant-buy widgets cost more than the order book on both, and each review carries the full schedule.
Where can I use both bitFlyer and GMO Coin?
Both are ranked in our guides for Japan. bitFlyer is ranked in 1 countries in all and GMO Coin in 1; each country guide ranks its own roster, so the two can sit in a different order from one country to the next.
Has bitFlyer or GMO Coin had a security incident?
bitFlyer carries no dated security record on our review yet, a gap in our records rather than a clean bill. GMO Coin carries no dated security record on our review yet, a gap in our records rather than a clean bill. Both reviews list every event with its source.
Do bitFlyer and GMO Coin require ID verification?
bitFlyer: required. GMO Coin: required.
The full reviews: bitFlyer and GMO Coin, each with its sources, and every exchange we review.
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