Sell Bitcoin in Japan (2026)

Status: Legal
Pays out in: Japanese yen (JPY)
Exchanges paying out: 4 of 5
Last reviewed: 2026-08-23

4 of the 5 exchanges we recommend in Japan pay out in JPY: bitbank, GMO Coin, bitFlyer and Coincheck. The rail is Furikomi bank transfer. The order below is the same ranking the buying guide uses; an exchange that appears there and not here publishes no JPY payout rail we could verify.

Where to sell and how the money comes out

Each recommended exchange that pays out in Japan, the rails it pays out on, and the fee and speed it publishes for each.
Exchange	Withdraw to	Fee	Speed	Note
bitbank#1 in the buying guide	Furikomi bank transfer	550 yen for 30,000 yen or less, 770 yen above 30,000 yen	Not recorded	Paid to the customer's bank account. Minimum 1,000 yen and at least 1,550 yen of assets are needed; the maximum in one go is 99,999,999 yen and the page states no daily maximum. bitbank lists this rail for JPY payouts rather than for Japan by name.
GMO Coin#2 in the buying guide	Furikomi bank transfer	Not recorded	Not recorded	Minimum 10,000 yen per request unless you withdraw the whole balance, maximum 30,000,000 yen a day, and only to a bank account in the same name as the GMO Coin account. GMO Coin lists this rail for JPY payouts rather than for Japan by name.
bitFlyer#3 in the buying guide	Furikomi bank transfer	Not recorded	Requests before 14:30 JST are generally completed the same business day or the following business day, and after 14:30 JST the following business day or in two business days	Only to a bank account registered to the bitFlyer account and in the customer's own name. Transfer of assets equivalent to a Quick Deposit is limited for 7 days, except deposits made through DOCOMO SMTB Net Bank, and withdrawals requested on the days following Saturdays, Sundays and national holidays may take longer than usual. bitFlyer lists this rail for JPY payouts rather than for Japan by name.
Coincheck#4 in the buying guide	Furikomi bank transfer	JPY 407 per withdrawal (page states its figures are as of 1 January 2020)	Not recorded	Maximum 50,000,000 yen per withdrawal, and the fee is flat whatever the amount withdrawn. Coincheck lists this rail for JPY payouts rather than for Japan by name.

"Not recorded" means the exchange's page we read carries no figure for that cell; the fee on the sale itself is separate and is on each review.

The payout rails in Japan

Furikomi bank transfer

Paid out by bitbank, GMO Coin, bitFlyer, Coincheck.

Furikomi is the ordinary Japanese domestic bank transfer, made from your bank's app, its website, an ATM or a branch counter. Transfers between different banks are cleared over the Zengin System, the nationwide interbank network operated by the Japanese Banks' Payment Clearing Network (Zengin-Net), which almost every bank in Japan belongs to. It is not a brand you sign up for: you enter the recipient's bank, branch, account number and account name, which is how Japanese exchanges take yen deposits.

The rail itself: Since October 2018 the Zengin More Time System has cleared transfers 24 hours a day and 365 days a year, so a furikomi between participating banks normally lands within minutes.

More about Furikomi bank transfer Buying with Furikomi bank transfer in Japan

How a sale settles

Sell on bitbank, or any exchange in the table
bitbank ranks first in the Japan buying guide and pays out on Furikomi bank transfer.
Withdraw JPY to Furikomi bank transfer
bitbank publishes 550 yen for 30,000 yen or less, 770 yen above 30,000 yen for this rail.
Wait for the rail to clear
Since October 2018 the Zengin More Time System has cleared transfers 24 hours a day and 365 days a year, so a furikomi between participating banks normally lands within minutes.

Frequently asked questions

Which exchanges let me cash out bitcoin to a bank in Japan?

4 of the 5 exchanges we recommend in Japan pay out in JPY: bitbank, GMO Coin, bitFlyer and Coincheck. The rail is Furikomi bank transfer.

How long does a withdrawal take in Japan?

It depends on the exchange and the rail. bitFlyer on Furikomi bank transfer: Requests before 14:30 JST are generally completed the same business day or the following business day, and after 14:30 JST the following business day or in two business days. Each figure is the exchange's own, read from the page linked under sources.

What does it cost to withdraw JPY after selling?

bitbank on Furikomi bank transfer: 550 yen for 30,000 yen or less, 770 yen above 30,000 yen; Coincheck on Furikomi bank transfer: JPY 407 per withdrawal (page states its figures are as of 1 January 2020). The trading fee on the sale itself is separate and is on each exchange's review.

Is selling bitcoin legal in Japan?

Bitcoin is fully legal in Japan and the market is among the world's most strictly supervised. Crypto exchanges must register with the Financial Services Agency (JFSA), which has overseen the sector under the Payment Services Act since 2017, and legislation passed in 2026 reclassifies crypto assets as financial products under the Financial Instruments and Exchange Act, adding insider trading rules and heavier penalties for unregistered operators. Foreign platforms without Japanese registration cannot legally solicit Japanese residents.

Do I pay tax when I sell bitcoin in Japan?

Generally miscellaneous income. The full position, rates and the reporting duty are on the Japan bitcoin tax guide.

Sources

Buying is the other direction: how to buy bitcoin in Japan covers the same exchanges with their deposit rails, fees and KYC. What you owe on the sale is a third question: Bitcoin Tax in Japan (2026).