GMO Coin Review 2026
Learn more about TU’s methodology
- no
- WebTrader
- Regulation
- Robust security measures.
Our Evaluation of GMO Coin
Learn more about TU’s methodology
GMO Coin is a high-risk cryptocurrency exchange with the TU Overall Score of 2.8 out of 10. Having reviewed trading opportunities offered by the company and reviews posted by GMO Coin clients on our website, Traders Union expert Anton Kharitonov does not recommend working with this broker, as, according to reviews, most clients are not satisfied with the broker.
GMO Coin is a trusted and regulated cryptocurrency platform offering a wide range of services and robust security measures. It is particularly well-suited for Japanese users seeking to trade cryptocurrencies within a regulated framework.
How we tested GMO Coin
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 GMO Coin
GMO Coin is a Japanese cryptocurrency exchange that provides access to trading various digital assets, including Bitcoin, Ethereum, etc. Founded in 2016, it is part of GMO Internet Group, a major Japanese company listed on the Tokyo Stock Exchange. The platform is strictly regulated by the Financial Services Agency of Japan (FSA), ensuring a high level of security and reliability.
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- Strict compliance with regulatory requirements of Japan;
- Diverse trading services, including spot trading, margin trading, futures, and staking;
- Robust security measures include two-factor authentication (2FA) and cold wallet storage;
- User-friendly mobile apps with extensive trading and market analysis capabilities, including advanced charts and technical indicators.
- Focus on the Japanese market, which limits its appeal for international traders;
- Limited cryptocurrency offerings.
TU Expert Verdict
Chief Analytics Officer
GMO Coin is a Japanese cryptocurrency exchange that offers trading of over 20 digital assets, including Bitcoin, Ethereum, Litecoin, and Ripple, through its proprietary WebTrader platform and mobile app. As a wholly owned subsidiary of GMO Internet Group and regulated by the Financial Services Agency of Japan, GMO Coin provides strict security features such as two-factor authentication, cold wallet storage, and KYC verification, while supporting services like spot and margin trading, staking, and occasional bonuses. The platform appeals to users seeking low trading costs, with spot fees ranging from -0.03% to 0.09%, and benefits from no deposit or withdrawal fees.
However, a notable drawback is GMO Coin is unavailable to U.S. and German residents, significantly restricting access for potential users outside Japan. Other disadvantages include a limited selection of supported cryptocurrencies compared to global competitors, lack of copy trading and passive income options, and no support for widely used payment services like PayPal or Google Pay. GMO Coin may not be suitable for traders seeking an extensive asset list or those outside Japan but fits users looking for a strictly regulated and security-focused exchange.
GMO Coin Summary
Your capital is at risk. Cryptocurrency trading can be extremely risky. Cryptocurrency trading can lead to large and immediate financial losses. The volatility and unpredictability of the price of cryptocurrency relative to fiat currency may result in significant loss over a short period of time. Transactions in cryptocurrency may be irreversible, and, accordingly, losses due to fraudulent or accidental transactions may not be recoverable. The nature of cryptocurrency may lead to an increased risk of fraud or cyber attack.
| 💻 Trading platform: | Proprietary WebTrader platform with the support for all necessary trading features, including charts, orders, and trading history |
|---|---|
| 📊 Accounts: | Cryptocurrency account |
| 💰 Account currency: | JPY, BTC, ETH, etc. |
| 💵 Deposit / Withdrawal: | Bank transfers, bank cards, and crypto wallets |
| 🚀 Minimum deposit: | No |
| ⚖️ Leverage: | Up to 1:2 |
| 💼 Copy Trading: | No |
| 📈️ Min Order: | No |
| 💱 Commission: | Spot: -0.03%-0.09% |
| 🔧 Instruments: | Fiat. |
| 💹 Margin Call / Stop Out: | No |
| 🏛 Liquidity provider: | No |
| 📱 Mobile trading: | Yes |
| ➕ Affiliate program: | Yes |
| 📋 Order execution: | Market and limit |
| ⭐ Trading features: |
Regulation; Robust security measures. |
| 🎁 Contests and bonuses: | Occasional bonuses and promotions |
GMO Coin offers a trading environment suitable for institutional and retail investors. As a regulated platform, GMO Coin provides for trading a variety of cryptocurrencies and participating in staking from a single account.
GMO Coin Key Parameters Evaluation
Regulation and Safety
GMO Coin 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.
- 2FA
- Cold wallet storage
- Government-regulated
- No successful hacks history
- Tier-1 regulation
- Not U.S regulated
- No facial recognition
- No investor protection fund
GMO Coin Security Factors
We also compared GMO Coin against the top two competitors with the highest scores in our overall ranking based on the most critical security indicators.
| GMO Coin | 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 GMO Coin a regulated crypto exchange?
GMO Coin 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.
GMO Coin is authorized or licensed in accordance with local regulations in the following regions: Japan.
Is verification (KYC) mandatory at GMO Coin?
Yes, KYC verification is mandatory at GMO Coin. You will need to complete the verification process before you can open an account and access the platform's full range of services.
Is GMO Coin available in the USA?
GMO Coin 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 .
GMO Coin commissions and fees
GMO Coin has earned a rating of 8.5/10 for its trading fees. This makes it a highly attractive choice for active traders seeking to reduce costs, as GMO Coin is a platform with minimal crypto trading costs.
- Spot fee below industry average
- No deposit fee
- No Withdrawal fee
- P2P fee applied
What are GMO Coin trading fees?
We analyzed GMO Coin’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.
GMO Coin trading fees vs competitors
| GMO Coin | Nexus Trade | CoinMetro | Industry average | |
| Spot, maker fee (%) | -0.03 | 0.22 | 0.1 | 0.15 |
| Spot, taker fee (%) | 0.09 | 0.22 | 0.2 | 0.194 |
What are GMO Coin deposit and withdrawal fees?
| Deposit fee, % | 0 |
| Withdrawal fee, % | 0 |
Does GMO Coin offer P2P trading?
No, GMO Coin 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
GMO Coin received a 5.5/10 rating for its deposit and withdrawal services. While GMO Coin covers basic payment options, the platform lacks some widely used methods that could improve user flexibility.
- No withdrawal fee
- No deposit fees
- Many cryptocurrencies for deposits and withdrawals
- Bank transfers for deposits and withdrawals
- No P2P transfer option
- No Google Pay option
- No PayPal option
Deposit and withdrawal options
GMO Coin supports the following deposit and withdrawal options: Bank transfers, Bank card, Crypto.
GMO Coin Deposit and withdrawal options vs competitors
| GMO Coin | Kraken | Coinbase | |
| Bank transfers | Yes | Yes | Yes |
| Bank card | Yes | Yes | Yes |
| Crypto | Yes | Yes | Yes |
| PayPal | No | Yes | Yes |
What is GMO Coin minimum deposit?
The minimum deposit at GMO Coin is 0 USD/USDT or 1 BTC. The minimum trade size is 1 USD/USDT, which also serves as the minimum amount required to start trading on the platform.
GMO Coin minimum deposit vs competitors
| GMO Coin | Kraken | Coinbase | |
| Minimum deposit, USD or USDT | 0 | 10 | 10 |
| Minimum deposit, BTC | 1 | 1 | 1 |
| Minimum trade amount, USD/USDT | 1 | 1 | 2 |
Does GMO Coin support fiat money?
GMO Coin does not support fiat currencies; only cryptocurrencies are accepted.
Supported coins & markets
GMO Coin received a score of 2.5/10 in this category, indicating a modest offering of assets and markets. While GMO Coin 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
- Staking available
- Yield farming not available
- Crypto futures not available
GMO Coin supported coins and markets vs competitors
We compared GMO Coin 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.
| GMO Coin | Kraken | Coinbase | |
| Supported coins | - | 278 | 249 |
| Futures/Perpetual contracts | No | Yes | Yes |
| Options | No | No | No |
| NFTs | No | Yes | Yes |
GMO Coin passive income options vs competitors
We also compared GMO Coin 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.
Contacts
| Official site | https://coin.z.com/jp/ |
|---|
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