BITPoint Japan - Exchange Review

BITPoint Japan launched in 2016 as a licensed cryptocurrency exchange based in Tokyo under Japan’s Financial Services Agency. It operates as a subsidiary of a publicly listed company, aiming to offer a secure and compliant trading experience.

Regulatory status and product scope

The platform is officially registered under the Kanto Local Finance Bureau, ensuring compliance with Japan’s crypto laws. It also holds authorization in the Philippines. BITPoint provides spot trading for JPY-based pairs, crypto lending, staking and even packaged savings plans. The interface offers both a beginner-friendly mode and a chart-savvy PRO version.

Trading activity today

Despite these offerings, BITPoint Japan is currently classified as inactive by tracking platforms. There is no publicly available trading volume, pair listings or liquidity data. The exchange shows zero daily volume, which suggests trading is either minimal or hidden from public view.

Security and past recovery

The exchange suffered a serious hack in 2019, losing around 29 million USD from hot wallets. About 2.3 million USD was recovered, and users were reimbursed. Since then, BITPoint tightened internal controls and resumed operations under stronger compliance measures.

User experience and support

BITPoint offers both a simple and a pro trading interface. KYC and account setup follow Japanese AML guidelines. Support is available, but user feedback is limited, likely because the platform currently has low activity.

Strengths in concept

Operates under Japan’s strict regulation and is backed by a publicly listed parent company.
Offers staking, lending and both beginner and advanced trading interfaces.
Recovered from a major hack and compensated users, showing accountability.

Weaknesses now

No detectable trading volume - public metrics show inactivity even though the exchange remains listed.
Opaque liquidity information - trading pairs and depth are not visible externally.
Minimal updates - without recent communication, it is difficult to assess the platform’s direction.

Who it technically serves

If fully active, BITPoint could serve Japanese users who want a compliant exchange with JPY trading, staking and structured savings options. It may also interest investors who prefer locally regulated services.

Final thoughts

BITPoint Japan has strong credentials on paper - regulation, product variety and a history of compensating users after a hack. However, the current lack of visible trading activity makes its usefulness questionable. For users in Japan, it may hold potential, but until liquidity and transparency return, BITPoint looks more like a dormant project than an active exchange.