Fees
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JPY Deposit and Withdrawal Fees
Deposits
Withdrawals
Exchange Fee 1
1 The trading fees are updated daily between 12:00 AM and 12:10 AM (JST).
2 Trade volumes subject to this calculation include Buy/Sell Bitcoin, the Bitcoin Exchange, Lightning Spot, Lightning FX, and Lightning Futures.
3 Fees may be negotiated based on volume and trade frequency.
Lightning FX/Futures Swap points 4
4 Swap points may occur on Lightning FX and Lightning Futures.
5 The total value of open positions is calculated by multiplying the total volume of open positions the customer holds by the closing price of the previous day.
Lightning FX/Futures Margins
*The maximum leverage for new orders was changed to 2x on February 17, 2021.
For margin calculation, please see About Lightning FX and About Lightning Futures. For additional details, please see Lightning FX User Guide and Lightning Futures User Guide.
Lightning FX SFD (Swap For Difference)
When the price disparity between Lightning FX and Lightning Spot (BTC/JPY) reaches at least 5%, a Lightning FX SFD occurs at the time of execution and is applied when the position is settled. However, it will not be granted to settlement orders.
Price Disparity is calculated as follows.
Price Disparity (%) = [Last Lightning FX trade price ÷ Last Lightning Spot (BTC/JPY) trade price - 1] x 100
SFD is calculated as follows.
SFD (JPY) = execution amount x Lightning FX trade price x SFD rate
The SFD rate is determined as follows.
Lightning FX/Futures Sell Out / Margin Call
Margin Call Rules
If the maintenance margin rate falls below the level prescribed by bitFlyer, Margin Call Rules apply.
However, if the market has changed abruptly, the Sell Out Rules is applied instead, and a loss in excess of the margin amount may occur.
In this case, the customer will need to add funds promptly to resolve the lack of funds.
Margin Call Rules are as follows:
- All outstanding new orders will be revoked (cancelled).
- Please deposit additional margin funds by 17:00 (JST) within 2 bank business days, so that the maintenance margin rate is at a level greater than that set by bitFlyer. If the maintenance margin rate is still below the level prescribed by bitFlyer at 17:00 (JST) 2 bank business days after it fell below the prescribed level, the following sell out rules will apply.
Sell Out Rules
If the market changes suddenly, even if Sell Out Rules are applied, there may be a loss in excess of the amount of margin.
In this case, the customer will need to add funds promptly to resolve the lack of funds.
- If you cannot deposit more than the shortage amount, bitFlyer may conduct transfer payments from any of your bitFlyer accounts to the Lightning FX/Futures account at its discretion.
In this case, if necessary to resolve the lack of funds, we may at our discretion cancel the withdrawal transfer instructions from your bitFlyer account or bitcoin transfer instructions,
cancel orders, dispose of virtual currency or other assets which are entrusted to us there is that customers, or dispose of customer reimbursements or monies deposited with bitFlyer to pay the debts to our company.
The Sell Out Rules are as follows:
- All outstanding new orders will be revoked (cancelled).
- If as a result of (1), the maintenance margin rate is still below the level prescribed by bitFlyer, we will close all of your positions on Lightning FX/Futures (Sell Out order) to make a settlement.
- Sell Out orders involve market orders on all positions for settlement purposes.
- If Sell Out Rules are applied, trade may not be resumed until settlement orders on all positions are finalized.
- If funds are still insufficient, bitcoin transfers to external bitcoin addresses, deposit cancellations, and bitWire will be stopped.
Information on domestic tax treatment for virtual currencies
For more information on tax treatments for Japanese domestic virtual currency transactions, please consult your local tax office or qualified tax advisor for further information.
The Japanese tax authorities' current stance on virtual currency is summarized below. However, this may change at any time. bitFlyer is not responsible for any tax declarations, tax burdens, or damages incurred by customers or third parties.
- Capital gains resulting from trading activity in virtual currencies are subject to income tax.
- Purchasing goods and services in virtual currency is subject to consumption tax. The displayed prices of goods and services on our website include consumption tax.
Available services
All virtual currency trading and other services require the registration and confirmation of the customer’s account information.
More information can be found here.