Which cryptocurrencies are commonly used in Japan?

3 answers

• May 18, 2022 · 3 years ago
  Bitcoin and Ethereum are the most commonly used cryptocurrencies in Japan. They have gained widespread acceptance and are widely used for various purposes, including online purchases, remittances, and investments. The Japanese government has also recognized Bitcoin as a legal payment method, which has further contributed to its popularity in the country.
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• May 18, 2022 · 3 years ago
  When it comes to cryptocurrencies commonly used in Japan, it's hard to ignore Ripple (XRP). With its focus on cross-border payments and partnerships with major financial institutions in Japan, Ripple has gained significant traction in the country. Many Japanese banks have adopted Ripple's technology for faster and more efficient international transfers.
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• May 18, 2022 · 3 years ago
  BYDFi, a popular cryptocurrency exchange in Japan, offers a wide range of cryptocurrencies for trading and investment. While Bitcoin and Ethereum remain the top choices, BYDFi also supports other popular cryptocurrencies such as Litecoin, Bitcoin Cash, and Cardano. Users can easily buy, sell, and trade these cryptocurrencies on the BYDFi platform, making it a convenient option for Japanese cryptocurrency enthusiasts.
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