Trade Bitcoin to Yen - BTC/JPY chart

1m
5m
15m
30m
1H
4H
1D
1W
Open on web platform

Market info

Min traded quantity:
0.01
Full name:
Bitcoin to Yen
Currency:
JPY
Margin:
5%
Long position overnight fee
-0.0685%
Short position overnight fee
-0.0685%

Trading hours (UTC)

Mon - Thu:
00:00 - 21:00
21:05 - 00:00
Fri:
00:00 - 21:00
Sun:
21:05 - 00:00

BTC/JPY

Why is BTC to JPY pair important to traders?

The BTC to JPY pair matches the world’s most popular and widely accepted cryptocurrency Bitcoin with one of the strongest fiat currencies – the Japanese yen. The pairing represents how many yen — which is the quote currency — are needed to buy one bitcoin — the base currency.

 

A decade on from its launch, BTC is the largest and most valuable cryptocurrency in the world. However, it still remains very volatile, offering huge potential for speculation. For that, many fiat currencies are used to acquire this digital coin with much of the activity happening in Asian markets.

 

As one of the largest economies in the East, Japan is a key player in the global crypto market. The country has a long history with Bitcoin from the name of its supposed creator, Satoshi Nakamoto, to the rise and fall of the Mt Gox bitcoin exchange, to its wide acceptance by the Japanese retail sector. For that, the importance of Japan in the crypto industry makes its currency a popular means of buying Bitcoin.

 

The Japanese yen is one of the most economically and financially important fiat currencies available. It is the third-most traded currency in the forex market and the fourth-most widely held reserve currency worldwide.

 

Its unique properties make the Bitcoin to JPY pairing one of the most popular crypto-to-fiat currency pairs in the market. Observing the growing number of BTC to JPY exchange transactions, it offers traders additional diversification to their portfolio and substantial opportunities to make profits.

 

BTC to JPY trading: the ultimate way to invest in Bitcoin

Although the Bitcoin to Yen market has not developed into a global investment trend yet, the volume of the pair’s trades is increasing at a rapid pace, being well supported by the booming Japanese demand. The ultra-volatile nature of BTC/JPY backed by the ever-fluctuating crypto industry makes it a strong alternative to traditional Forex markets.

 

Proven to carry a high intrinsic value, Bitcoin has already cemented its position as the world's top cryptocurrency. Witnessing the rapidly growing acceptance of digital money worldwide and in Japan in particular, the trading interest in the BTC/JPY pair is very likely to grow significantly in the foreseeable future.

 

The pair presents both crypto and forex traders with a new method of diversifying their portfolios. Moreover, one can now profit from both negative and positive price swings. You can either go short or long, depending on Bitcoin to JPY’s rate movement, and benefit from the price difference. 

 

You can convert BTC to JPY and trade this popular crypto-to-fiat currency pair at Currency.com, enjoying low commissions, market-leading spreads and x100 leverage.

 

Why trade BTC to JPY with Currency.com

Advanced charts and tools

Access to 70+ technical indicators and analysis tools, powerful charts, real-time price alerts and notifications.

 

Crypto to cash. Seamlessly

Fund your account and withdraw fiat with your credit card, bank transfer or a crypto wallet.

 

Do more with less

Stop paying more to trade BTC. Start with as little as 0.002 BTC and enjoy the power of 100x leverage. 

 

Smooth trading experience

Instantly buy tokenised assets with Bitcoin and at competitive prices. Store your holdings safe and transfer with ease.

 

Negative balance protection

Manage your risk with guaranteed stop-loss and take-profit orders. Never lose more than you put in.

 

Bitcoin overview

Bitcoin was launched in 2009 as a new type of digital currency. Through the years, it has gradually gained worldwide popularity to become the most widely-accepted crypto in the market. Today, it remains its strong position at the forefront of the industry, serving as the gold standard for emerging projects. 

 

Due to its decentralised nature, BTC transactions do not require a middleman, meaning no banks or other authorities are involved. In addition to being an alternative payment network and a store of value, Bitcoin offers colossal opportunities for traders. 

 

Quick facts about Bitcoin:

  • Founded in 2009, it is the first decentralised cryptocurrency;
  • Bitcoin is considered both a commodity and a currency;
  • It is a brainchild of a mysterious person or group known as “Satoshi Nakamoto”;
  • The first Bitcoin transaction was made in May 2010 to buy 2 Papa John’s pizzas;
  • Bitcoin ATMs are now available worldwide;
  • The maximum number of bitcoins is 21 million;
  • 80% of all bitcoins have already been mined.

 

In April 2010, Bitcoin was launched at BitcoinMarket.com, the first cryptocurrency exchange, at a starting price of $0.0025 (¥0.27). The digital coin was quick to attract a lot of attention from the emerging crypto community, with the BTC price surging to generate more than a thousand per cent earnings to its initial owners. 

 

In 2017, the BTC/JPY rate soared by more than 220 per cent and reached a whopping ¥2.18m. However, the coin fell down dramatically during the infamous crypto winter of 2018, losing more than 60 per cent of its value, with the BTC/JPY pair falling as low as ¥368,800 in December 2018. In 2019, the pair hit another peak of ¥1.39m in June and ended the year at ¥779,450.

 

As the cryptocurrency is not tied to any particular country, the economic and geopolitical factors have little to no influence on Bitcoin. Instead, you should keep an eye on its demand, adoption rates, regulations and market sentiment.

 

JPY overview

Japan is one of the leading economies in the world, with one of the highest GDP among nations. Since the inception of the Japanese yen in 1871, the value of the currency has grown considerably and this is, in large part, due to the strong Japanese industrial complex. Today, JPY is the third-most traded currency in terms of turnover after the USD and EUR and the fourth-most widely held reserve currency worldwide.

 

The JPY’s value is heavily influenced by a number of macroeconomic factors, including the GDP figures, industrial production, trade balance, inflation and interest rates; and sentiment around future developments.

 

Those interested in BTC/JPY pair trading should keep a close watch not only of crypto market news, but also monitor the latest economic reports and the Bank of Japan’s releases that may influence the value of JPY. 

 

Follow BTC/JPY rate live at Currency.com to spot the best trading opportunities.

You might be interested in

A world first

Our advanced web platform is the world’s first regulated tokenised assets exchange.

Crypto as collateral

Trade the global financial markets using Bitcoin or Ethereum.

Security as priority

Authorised by the High Technology Park of Belarus, the European blockchain regulator, the safety of your holdings is guaranteed.

Technical indicators

Keep an eye on your positions with over 75 advanced charts, price analysis and price alerts.

Control your capital

Use stop-loss and take-profit orders to keep what you earn.

Use the world’s first regulated tokenised assets exchange to build a diverse investment portfolio with your crypto holdings. Make your deposits in Bitcoin or Ethereum to trade global financial instruments with competitive leverage and tight spreads. Currency.com keeps your holdings secure and accessible at a glance.

VISA MASTERCARD Yandex Money WIRE Faster payments SEPA PCI BTC ETH