In the fiscal year 2023, the value of Bitcoin spot trading in Japan amounted to around 8.2 trillion Japanese yen. Bitcoin was followed by Ethereum, with a transaction value of over 1.4 trillion yen. The spot market accounted for a larger share of cryptocurrency trading in Japan.
Value of cryptocurrency spot transactions in Japan from fiscal year 2016 to 2023, by coin
(in billion Japanese yen)
fiscal year 2016 to 2023; the Japanese fiscal year starts on April 1 of the stated year and ends on March 31 of the following year
Supplementary notes
*Due to individual company circumstances, data for some members are not included for some months in FY 2022 figures.
Figures for FY 2023 are based on 32 Japan Virtual and Crypto assets Exchange Association (JCVEA) members. The number of members differs from previous years.
Figures prior to fiscal year 2019 are from previous reports.
100 Japanese yen equal 0.69 U.S. dollars or 0.62 euros as of October 2024.
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JVCEA. (September 30, 2024). Value of cryptocurrency spot transactions in Japan from fiscal year 2016 to 2023, by coin (in billion Japanese yen) [Graph]. In Statista. Retrieved October 30, 2024, from https://www.statista.com/statistics/1297496/japan-cryptocurrency-spot-transaction-value-by-coin/
JVCEA. "Value of cryptocurrency spot transactions in Japan from fiscal year 2016 to 2023, by coin (in billion Japanese yen)." Chart. September 30, 2024. Statista. Accessed October 30, 2024. https://www.statista.com/statistics/1297496/japan-cryptocurrency-spot-transaction-value-by-coin/
JVCEA. (2024). Value of cryptocurrency spot transactions in Japan from fiscal year 2016 to 2023, by coin (in billion Japanese yen). Statista. Statista Inc.. Accessed: October 30, 2024. https://www.statista.com/statistics/1297496/japan-cryptocurrency-spot-transaction-value-by-coin/
JVCEA. "Value of Cryptocurrency Spot Transactions in Japan from Fiscal Year 2016 to 2023, by Coin (in Billion Japanese Yen)." Statista, Statista Inc., 30 Sep 2024, https://www.statista.com/statistics/1297496/japan-cryptocurrency-spot-transaction-value-by-coin/
JVCEA, Value of cryptocurrency spot transactions in Japan from fiscal year 2016 to 2023, by coin (in billion Japanese yen) Statista, https://www.statista.com/statistics/1297496/japan-cryptocurrency-spot-transaction-value-by-coin/ (last visited October 30, 2024)
Value of cryptocurrency spot transactions in Japan from fiscal year 2016 to 2023, by coin (in billion Japanese yen) [Graph], JVCEA, September 30, 2024. [Online]. Available: https://www.statista.com/statistics/1297496/japan-cryptocurrency-spot-transaction-value-by-coin/
