Japan: most traded cryptocurrencies by spot trading value 2023 | Statista (2024)

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    Published by Statista Research Department, Jun 13, 2024

    In October 2023, Bitcoin was the cryptocurrency with the highest spot trading value in Japan at almost 549 billion Japanese yen. Ethereum ranked second with a trading value of around 76 billion yen.

    Spot trading value of major cryptocurrencies in Japan in October 2023 (in billion Japanese yen)

    CharacteristicTrading value in billion Japanese yen
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    Release date

    December 2023

    More information

    Region

    Japan

    Survey time period

    October 1 to 31, 2023

    Special properties

    10 major cryptocurrencies based on trading value

    Supplementary notes

    Figures are based on data of members of the Japan Virtual and Crypto assets Exchange Association (JCVEA).

    The statistic includes cryptocurrencies that are offered by at least three member companies.

    100 Japanese yen equal 0.67 U.S. dollars or 0.62 euros as of December 2023.

    Values have been rounded.

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    Japan: most traded cryptocurrencies by spot trading value 2023 | Statista (2024)

    FAQs

    Japan: most traded cryptocurrencies by spot trading value 2023 | Statista? ›

    In October 2023, Bitcoin was the cryptocurrency with the highest spot trading value in Japan at almost 549 billion Japanese yen. Ethereum ranked second with a trading value of around 76 billion yen.

    Read On
    Which crypto are most popular in Japan? ›

    • Exchanges: 794.
    • Dominance: BTC: 56.6% ETH: 13.6%

    Discover More Details
    What is the volume of Japan cryptocurrency? ›

    GMO Japan is a centralized cryptocurrency exchange established in - and is registered in Japan. Currently, there are 23 coins and 23 trading pairs available on the exchange. GMO Japan 24h volume is reported to be at $22,002,787.80, a change of 57.936806869763316% in the last 24 hours.

    Continue Reading
    What is the Japanese currency in Crypto? ›

    JPY Coin Price Live Data

    The live JPY Coin price today is $0.006880 USD with a 24-hour trading volume of $34,081.74 USD. We update our JPYC to USD price in real-time. JPY Coin is down 0.58% in the last 24 hours. The current CoinMarketCap ranking is #4106, with a live market cap of not available.

    See Details
    What is the history of cryptocurrency in China? ›

    Cryptocurrency was accepted as payment for services as early as 2013. China continuously banned specific cryptocurrency actions until all transactions were prohibited. The Chinese government is reportedly developing a digital currency that will be pegged to its currency, the Renminbi.

    Find Out More
    What is the most popular crypto exchange in Japan? ›

    bitFlyer is the number one cryptocurrency exchange by Bitcoin volume in Japan and offers an array of cryptocurrency assets to trade.
    • bitFlyer Trusted. bitFlyer. ...
    • Coincheck Trusted. Coincheck. ...
    • Binance Trusted. Binance. ...
    • ByBit Trusted. ByBit. ...
    • OKX Trusted. OKX. ...
    • Huobi Trusted. Huobi. ...
    • Changelly Trusted. Changelly.

    Tell Me More
    How big is the crypto market in Japan? ›

    Revenue in the Cryptocurrencies market is projected to reach US$1,919.00m in 2024. Revenue is expected to show an annual growth rate (CAGR 2024-2028) of 8.02% resulting in a projected total amount of US$2,613.00m by 2028.

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