Bitbank review

Spot trading costs a taker fee of 0.1% to 0.12%, while maker fees run -0.02% to 0%, so a resting limit order can add to the balance instead of subtracting from it. Cash out carries its own charges too: yen withdrawals cost a flat fee, higher above a set amount, and crypto withdrawals are charged per asset.

It is registered with Kanto Local Finance Bureau (registered crypto asset exchange service provider) and Tokyo Metropolitan Governor (registered money lender). The crypto asset exchange service provider registration appears as No. 00004, and the money lender registration as Tokyo Governor (2) No. 31821. Both registrations sit in Japan, where the company is based.

Fiat deposits run through bank transfer, which is also the most common funding route across the brands compared here at 92.5%. There is no card or wallet option among the listed deposit methods, so funding is tied to a bank account.

Derivatives trading is available, so the exchange covers more than spot, and the asset list runs to 44 coins. Staking is offered through custodial and staking alongside holding. Custody is custodial, so coins sit with the exchange rather than in a wallet you hold the keys to.

It suits adults trading in yen, since deposits are bank based and the operation is registered in Japan. The maker side of the fee schedule, -0.02% to 0%, rewards orders that rest on the book, which fits traders who place and wait. The setup is built for a single domestic market.

Support runs on help centre and community. The help centre carries the routine questions on deposits, fees and withdrawals, and the community channel handles the rest. A direct phone line or live email is not part of the listed support channels, so harder problems can take longer to sort.

Compare with Bitpanda for breadth, at from 650 coins. ActivTrades charges a taker fee of 0%, and bunq's taker fees run 0.25% to 1.99%. Bitbank keeps the list at 44 coins, so the pick turns on whether asset breadth or per-trade cost matters more to you.

Custody is custodial, and staking is offered as well, both recorded under custodial and staking. Coins are held by the exchange, which matches the wider category: custodial holding is the norm at 68% among the exchanges ranked here.