common-close-0
BYDFi
Trade wherever you are!

What are the popular cryptocurrencies accepted for transactions in Japan?

avatarUdsen MarkDec 16, 2021 · 3 years ago1 answers

Can you provide a list of the popular cryptocurrencies that are accepted for transactions in Japan? I'm interested in knowing which digital currencies are commonly used in Japan for buying goods and services.

What are the popular cryptocurrencies accepted for transactions in Japan?

1 answers

  • avatarDec 16, 2021 · 3 years ago
    Certainly! In Japan, the popular cryptocurrencies accepted for transactions include Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Bitcoin Cash (BCH), and Litecoin (LTC). These cryptocurrencies have gained significant adoption and are widely accepted by various merchants and businesses. Bitcoin, being the first and most well-known cryptocurrency, has the highest acceptance rate. Ethereum, with its smart contract capabilities, is also widely used for transactions. Ripple, known for its fast and low-cost international transfers, has gained traction in Japan's financial industry. Bitcoin Cash and Litecoin are also accepted by some businesses. It's important to note that the acceptance of cryptocurrencies may vary depending on the merchant and the region in Japan. Therefore, it's always recommended to check with the specific business beforehand to ensure they accept the desired cryptocurrency.