Bitbank Review 2026
Learn more about TU’s methodology
- $1
- TradingView
- Tons of cryptocurrencies and tokens, from fiat only Japanese yen, low Taker commission, "minus" Maker commissions, no investment or referral programs, handy trading terminal
Our Evaluation of Bitbank
Learn more about TU’s methodology
Bitbank is a cryptocurrency exchange with higher-than-average risk and the TU Overall Score of 3.76 out of 10. Having reviewed trading opportunities offered by the company and reviews posted by Bitbank clients on our website, Traders Union expert Anton Kharitonov recommends users to consider a more reliable broker with better conditions, as, according to reviews, many clients of this broker are not satisfied with the company’s work.
The Bitbank crypto exchange offers a standard TradingView terminal with authorial modifications by exchange specialists. There are 60 additional tools for technical analysis. The mobile application for iOS and Android has the same functions as the desktop version. The platform is characterized by high-speed transactions, large trading volumes, and stability of work on peak loads. No technical errors or vulnerabilities were detected. The cold storage of user funds in combination with the advanced encryption system and 2FA authentication provides heavy-duty security. It is one of the most reliable exchanges with objectively favorable trading conditions.
How we tested Bitbank
Traders Union has analyzed financial markets for over 14 years, evaluating brokers based on 250+ transparent criteria, including security, regulation, and trading conditions. Our expert team of over 50 professionals regularly updates a Watch List of 500+ brokers to provide users with data-driven insights. While our research is based on objective data, we recommend that users perform independent due diligence and consult official regulatory sources before making any financial decisions.
Learn more about our methodology and editorial policies.
Brief Look at Bitbank
Bitbank is a marketplace for buying and selling cryptocurrencies. You can trade Bitcoin (₿), Ethereum (Ξ), Bitcoin Cash, MonaCoin, Stellar Lumen, OMG, and dozens of other crypto assets. The only fiat currency represented is the Japanese yen (JPY). Funds can be deposited through the most popular channels, including direct fiat transfers from a bank card. The exchange is known for one of the lowest rates of trading commissions: 0.12% for the taker, and -0.02% for the maker. There are no deposit fees, and withdrawal fees are also low. There is no minimum deposit, and registration and verification take a minimum amount of time. The exchange does not have specialized solutions for beginners, and investment and referral programs are not offered. From the position of the interface, experts estimate the platform as one of the most convenient and well-thought-out.
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- dozens of popular cryptocurrencies and tokens are traded on the exchange;
- trading fees are significantly lower than the market average;
- no minimum deposit, no deposit fees;
- all funds of exchange clients are kept cold;
- the exchange has a state-of-the-art security system for users’ data;
- there is a mobile application in addition to the terminal in the browser;
- terminal and application include tools for market analysis.
- absence of fiat currencies except for the Japanese yen;
- there is no investment or referral program.
TU Expert Verdict
Chief Analytics Officer
Bitbank is a cryptocurrency exchange that provides access to trading Bitcoin, Ethereum, and over 30 other digital assets through a proprietary web and mobile platform with built-in analytic tools. Regulated by the Financial Services Agency of Japan as a Tier-1 authority, the exchange enforces strict KYC requirements and stores all client funds in cold wallets with advanced encryption and 2FA. The minimum deposit is $1, all accounts are Standard, and trading fees are highly competitive at 0.12% for takers and -0.02% for makers, with no deposit fees and low withdrawal costs.
Some disadvantages include the absence of leverage, no access to fiat funding other than Japanese yen, and the lack of investment options or referral programs. With a limited range of supported coins and restrictions on advanced order types, Bitbank may not be suitable for users who seek broad asset selection, passive income tools, or advanced trading features. The platform is better suited for experienced traders focused on spot crypto trading under strong regulatory oversight.
Bitbank Summary
| 💻 Trading platform: | TradingView |
|---|---|
| 📊 Accounts: | Standard |
| 💰 Account currency: | Cryptos, JPY |
| 💵 Deposit / Withdrawal: | Bank cards, e-wallets, crypto wallets |
| 🚀 Minimum deposit: | $1 |
| ⚖️ Leverage: | 1:1 |
| 💼 Copy Trading: | No |
| 📈️ Min Order: | From 0 |
| 💱 Commission: | Spot: 0.12%-0.15% |
| 🔧 Instruments: | 35 supported coins, Fiat. |
| 💹 Margin Call / Stop Out: | No |
| 🏛 Liquidity provider: | No |
| 📱 Mobile trading: | Yes |
| ➕ Affiliate program: | No |
| 📋 Order execution: | Not indicated |
| ⭐ Trading features: | Tons of cryptocurrencies and tokens, from fiat only Japanese yen, low Taker commission, "minus" Maker commissions, no investment or referral programs, handy trading terminal |
| 🎁 Contests and bonuses: | Yes |
To start trading on Bitbank, it is crucial to pass the registration procedure which takes less than a minute. After that, the client receives limited access to the functionality of the site until he also passes the verification procedure. Verification can take up to 1 business day. After its completion, all restrictions are removed. There is no minimum deposit, and the client regulates his own financial policy. Although it should be noted that there is a minimum deal size for all trading pairs. Also, it is necessary to consider that at an exchange there is no leverage. Consequently, a client of the site in the process of trading can rely only on his financial resources. The exchange does not impose restrictions on trading strategies. Technical support is represented by a standard system of tickets. The table below summarizes the main trading conditions of the platform, which give a general idea of the features of cooperation with it.
Bitbank Key Parameters Evaluation
Regulation and Safety
Bitbank has earned a rating of 9.75/10, demonstrating strong security and regulatory compliance. This score suggests that the exchange is generally reliable and offers a solid level of protection for users.
- Tier-1 regulation
- Government-regulated
- No successful hacks history
- Cold wallet storage
- 2FA
- No facial recognition
- Not U.S regulated
- No investor protection fund
Bitbank Security Factors
We also compared Bitbank against the top two competitors with the highest scores in our overall ranking based on the most critical security indicators.
| Bitbank | Kraken | Coinbase | |
| Tier-1 regulation | Yes | Yes | Yes |
| Government-regulated | Yes | Yes | Yes |
| Investor protection fund | No | No | Yes |
| 2FA | Yes | Yes | Yes |
| Facial recognition | No | No | No |
| Cold wallet storage | Yes | Yes | Yes |
| Successful hacker attacks | No | No | Yes |
Is Bitbank a regulated crypto exchange?
Bitbank is regulated by a Tier-1 financial authority (e.g., in the U.S., UK, Germany, Spain, France, Australia, Singapore, or another jurisdictions with strict financial oversight). This ensures strong investor protection, compliance with stringent operational standards, and enhanced security for users trading on the platform.
Bitbank is authorized or licensed in accordance with local regulations in the following regions: Japan.
Is verification (KYC) mandatory at Bitbank?
Yes, KYC verification is mandatory at Bitbank. You will need to complete the verification process before you can open an account and access the platform's full range of services.
Is Bitbank available in the USA?
Bitbank is not available in the USA due to regulatory restrictions. In some cases, access might differ by state, so we recommend confirming details with the platform’s support or checking the official website for the latest updates.
You may also consider the top 3 exchanges that are available in the USA and rank highly based on our methodology: Kraken, Coinbase, OKX .
Bitbank commissions and fees
Bitbank received a 7/10 score for its trading fees. While Bitbank is not the cheapest crypto exchange, the fees remain reasonable and competitive within the market.
- Spot fee below industry average
- No deposit fee
- Withdrawal fee may be applied
- P2P fee applied
What are Bitbank trading fees?
We analyzed Bitbank’s crypto fees and compared them to the top two competitors, both of which hold high average positions in our rankings. To establish a comprehensive benchmark, we also calculated the average fee score based on an evaluation of over 100 cryptocurrency exchanges.
Bitbank trading fees vs competitors
| Bitbank | Nexus Trade | CoinMetro | Industry average | |
| Spot, maker fee (%) | 0.12 | 0.22 | 0.1 | 0.15 |
| Spot, taker fee (%) | 0.15 | 0.22 | 0.2 | 0.194 |
What are Bitbank deposit and withdrawal fees?
| Deposit fee, % | 0 |
| Withdrawal fee, % | 0.0006 BTC 0.005 ETH |
Does Bitbank offer P2P trading?
No, Bitbank does not support P2P transactions. However, you can explore the best alternatives in our dedicated list of top P2P exchange platforms, offering a variety of secure options for peer-to-peer transactions.
Deposit and Withdrawal
Bitbank received a 4/10 rating for its deposit and withdrawal services. Bitbank offers limited funding options and may charge fees, which could be inconvenient for many users.
- Bank transfers for deposits and withdrawals
- Many cryptocurrencies for deposits and withdrawals
- No deposit fees
- No P2P transfer option
- No PayPal option
Deposit and withdrawal options
Bitbank supports the following deposit and withdrawal options: Bank transfers, Crypto.
Bitbank Deposit and withdrawal options vs competitors
| Bitbank | Kraken | Coinbase | |
| Bank transfers | Yes | Yes | Yes |
| Bank card | No | Yes | Yes |
| Crypto | Yes | Yes | Yes |
| PayPal | No | Yes | Yes |
What is Bitbank minimum deposit?
The minimum deposit at Bitbank is 1000 JPY USD/USDT or 1 BTC. The minimum trade size is 10 USD/USDT, which also serves as the minimum amount required to start trading on the platform.
Bitbank minimum deposit vs competitors
| Bitbank | Kraken | Coinbase | |
| Minimum deposit, USD or USDT | 1000 JPY | 10 | 10 |
| Minimum deposit, BTC | 1 | 1 | 1 |
| Minimum trade amount, USD/USDT | 10 | 1 | 2 |
Does Bitbank support fiat money?
Bitbank does not support fiat currencies; only cryptocurrencies are accepted.
Supported coins & markets
Bitbank received a score of 2/10 in this category, indicating a modest offering of assets and markets. While Bitbank covers essential trading functions, the number of supported coins, fiat currencies, and investment tools may be insufficient for users seeking more comprehensive options.
- Fiat currencies supported
- Other supported products
- Crypto futures not available
- Staking not available
Bitbank supported coins and markets vs competitors
We compared Bitbank with leading exchanges in terms of supported coins, NFT access, and derivatives like futures and options to help users assess the platform’s product range and trading flexibility.
| Bitbank | Kraken | Coinbase | |
| Supported coins | 35 | 278 | 249 |
| Futures/Perpetual contracts | No | Yes | Yes |
| Options | No | No | No |
| NFTs | No | Yes | Yes |
Bitbank passive income options vs competitors
We also compared Bitbank with top competitors in terms of passive income opportunities such as staking, farming, and copy trading, to help users evaluate the platform’s earning potential beyond regular trading.
Trading apps & tools
Bitbank received a score of 5.8/10 for offering a solid set of tools. The apps are intuitive and reliable, though certain advanced features remain limited or could benefit from further development.
- Mobile indicators allowed
- App data protection with 2FA
- Advanced tools and automation with API
- No access to Copy Trading
- iOS App score 3.8
Trading apps
Bitbank provides web and mobile apps for both Android and iOS users, with an average rating of 3.8 on the App Store and 3.8 on Google Play. Our review focused on core features important to traders, particularly trading functionality and security tools, to evaluate how convenient and safe the Bitbank platform is for mobile use.
| Bitbank | Kraken | Coinbase | |
| 2FA | Yes | Yes | Yes |
| Face ID | No | No | No |
| Mob Indicators | Yes | Yes | Yes |
| Alerts | No | Yes | Yes |
| Advanced Orders | No | Yes | Yes |
| Trading with bots | No | No | No |
| API | Yes | Yes | Yes |
| Extra trading platforms | No | No | No |
Does Bitbank offer a desktop app?
No, Bitbank does not currently offer a desktop app. However, users can access the platform via its web version, which provides more comprehensive functionality compared to the mobile apps.
Does Bitbank offer advanced charting with TradingView integration?
No, Bitbank does not currently support TradingView integration. However, it provides its own built-in charting tools with basic indicators and timeframes.
Contacts
| Foundation date | 2018 |
|---|---|
| Registration address | 〒141-0031 7-20-9 Nishigotanda, Shinagawa-ku, Tokyo KDX Nishigotanda Building 7F Bitbank |
| Official site | https://bitbank.cc/ |
| Contacts |
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