Ultimate Guide to Depositing and Withdrawing Cryptocurrencies from Japan

2024 holidays Zentrader

Overview

Zentrader allows clients in Japan to deposit and withdraw funds in a variety of top cryptocurrencies. When you deposit cryptocurrency, it is immediately converted at the current market rate and credited to your Zentrader account in Japanese Yen (JPY).

Likewise, when you withdraw cryptocurrency, the JPY amount is debited from your account and converted into the cryptocurrency of your choice — then sent on-chain to your wallet.

Zentrader charges no fees for any cryptocurrency deposit or withdrawal.

Supported coins include:

  • Bitcoin (BTC)
  • Ethereum (ETH)
  • Ripple (XRP)
  • Litecoin (LTC)
  • Dogecoin (DOGE)
  • DAI (DAI)
  • Tether (USDT)

If you don’t yet have a cryptocurrency wallet or exchange account, see the section For Those Without a Cryptocurrency Account below.


Supported Cryptocurrencies

Coin Network Network Notes
Bitcoin (BTC) Bitcoin Native Bitcoin network; addresses start with “1,” “3,” or “bc1.”
Ethereum (ETH) Ethereum (ERC-20) Native Ethereum network; addresses start with “0x.”
Ripple (XRP) Ripple Native Ripple network; addresses start with “r.” Destination Tag may be required.
Litecoin (LTC) Litecoin Native Litecoin network; addresses start with “L,” “M,” or “ltc1.”
Dogecoin (DOGE) Dogecoin Native Dogecoin network; addresses start with “D” or “A.”
DAI (DAI) Ethereum (ERC-20) ERC-20 token on the Ethereum network; addresses start with “0x.”
Tether (USDT-TRC20) Tron (TRC-20) TRC-20 token on the Tron network; addresses start with “T.”
Tether (USDT-ERC20) Ethereum (ERC-20) ERC-20 token on the Ethereum network; addresses start with “0x.” (Deposits accepted on both TRC-20 & ERC-20—withdrawals TRC-20 only.)

How to Deposit with Cryptocurrency

1. Log In to Your Zentrader Account

  • Visit Zentrader and sign in with your credentials.
  • From the main dashboard, browse to the Banking section and click Deposit.

2. Select “Cryptocurrency Deposit”

  • On the Deposit page, choose Cryptocurrency Deposit as your funding method.
  • You will see a screen similar to this:

3. Choose Your Desired Cryptocurrency and Deposit Amount

  • Select the cryptocurrency you want to deposit (e.g., Bitcoin, Ethereum, Ripple, etc.).
  • Enter the deposit amount in Japanese Yen (JPY). Zentrader will convert that JPY amount into the equivalent cryptocurrency at the current market rate.

4. Click “Confirm” to Generate Your Deposit Address

  • After entering your JPY deposit amount, click Confirm.
  • Follow the prompts—you’ll be redirected to a payment page displaying your unique deposit address and QR code:

5. Send Funds from Your Wallet or Exchange

  • Copy the deposit address exactly (or scan the QR code) into your own wallet or exchange app.
  • Make sure you select the correct network when sending.
  • Important: Send the exact crypto amount generated by Zentrader. Don’t round; decimals matter (up to six places).
  • Pay any network (miner/validator) fee from your own wallet.
  • Transactions must be sent within 20 minutes of address generation or they’ll expire.

6. Wait for Blockchain Confirmations

  • Your transaction will take ~1–15 minutes (network-dependent) to confirm.
  • Zentrader will automatically detect the deposit—no manual proof needed.
  • Once confirmed, you’ll be automatically redirected back to your Zentrader dashboard.

7. Funds Will Be Credited in JPY

  • Your account will be credited in JPY.
  • Typically takes 1–2 minutes after confirmations.
  • You’ll receive a confirmation email once fully credited.

8. Important Notes for Deposits

  • Single-Use Addresses: Each address is one-time use and only for the exact amount displayed.
  • Exact Amount Required: Even 0.000001 BTC off and we can’t auto-credit.
  • Decimal Precision: If you truncate or round incorrectly, funds may be lost or delayed.
  • Trading vs. Immediate Withdrawal: Crypto deposits are for trading; withdrawals may revert to original method if used immediately.
  • Network Fees: Always pay the network fee on your side (“Subtract fee from amount” in your wallet).

How to Withdraw with Cryptocurrency

1. Log In to Your Zentrader Account

  • Sign in and navigate to the Banking section.

2. Add or Update Your Crypto “Saved Information”

  • Under Banking, click Saved Information.
  • Select your cryptocurrency and enter your wallet address (and XRP Destination Tag if needed).
  • Double-check the address—crypto sent to the wrong address is unrecoverable.
  • Click Save.

3. Initiate a Withdrawal

  • Return to the main page and select Withdrawal.
  • Enter the JPY amount you wish to withdraw.
  • Choose the cryptocurrency you want to receive.
  • Your saved address (and tag) will auto-populate—verify before submitting.
  • Click Submit.

4. Withdrawal Processing & Timing

  • Zentrader covers all conversion & network fees.
  • Withdrawals process daily (Mon–Fri).
  • You’ll receive an email with a Transaction ID (TxID).
  • Track status on the Withdrawal page.

5. Important Notes for Withdrawals

  • Correct Address & Tag: Wrong destination or missing tag = permanent loss.
  • Network Choice for USDT: Only TRC-20 withdrawals—addresses must start with “T.”
  • Min/Max Amounts: See the Withdrawal page for current limits.
  • KYC/AML: All withdrawals subject to our compliance checks.

For Those Without a Cryptocurrency Account

If you do not yet hold any cryptocurrency, there are many excellent exchange services in Japan that allow clients to purchase and send cryptocurrencies conveniently 24/7. Many also offer iOS and Android apps.

Follow these steps to get started:

1. Choose a Trusted Japanese Exchange

Popular options include:

2. Open and Verify Your Account (KYC)

  • Submit government-issued ID (driver’s license, My Number card, etc.)
  • Provide a selfie if required.

Enable Two-Factor Authentication (2FA) for added security.

3. Deposit Japanese Yen (JPY)

Transfer to the exchange using:

  • Bank transfer (振込) – usually instant, 24/7
  • Quick Deposit (クイック入金) – usually instant, 24/7
  • Pay-easy (ペイジー)
  • Convenience Store (コンビニ入金)

4. Purchase Your Desired Cryptocurrency

  • On the exchange, buy the cryptocurrency you want (BTC, ETH, USDT, etc.).
  • Watch trading fees and slippage for large orders.

5. Deposit Your Crypto to Zentrader

  • Return to the “How to Deposit” section above and follow those steps to transfer from your exchange.
  • Once it arrives, you can trade or withdraw in any supported cryptocurrency.

Summary

  • Depositing cryptocurrencies to Zentrader is fast (1–15 minutes) and fee-free.
  • Withdrawing cryptocurrencies is straightforward—save your address once and reuse it.
  • If you don’t have crypto yet: open an exchange account, verify identity, deposit JPY, buy crypto, then send to Zentrader.
  • Zentrader credits deposits in JPY at the best market rate and covers all withdrawal fees (you only pay deposit network fees).
  • Always double-check addresses, networks, and (for XRP) Destination Tags—mistakes are unrecoverable.

About Zentrader

Zentrader is Asia’s fastest-growing binary options specialist, offering:

  • Payouts up to 200% in as little as 30 seconds
  • Fast, fee-free deposits and withdrawals (including crypto)
  • Friendly 24/7 support and honest, straightforward bonuses
  • Advanced trading tools designed for both beginners and seasoned traders

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