Key Highlights
- PayPay Points can be used alone or combined with PayPay Money to fund crypto purchases on Binance Japan.
- Trades start from ¥1,000 (≈ $7), deposits are free, and withdrawals carry a fee of ¥110 (≈ $0.70).
- Users must complete identity verification on both Binance Japan and PayPay and link their accounts to use the service.
PayPay, the major mobile payment service run by Japan’s SoftBank Group, announced a new integration with Binance Japan, allowing users to purchase and sell cryptocurrencies directly using PayPay Money.
Users can also move their crypto holdings back into their PayPay balance. In addition, PayPay Points can be used to fund crypto purchases, either on their own or combined with PayPay Money.
Before this integration, Binance Japan users could only deposit or withdraw funds through Japanese bank accounts or external wallets. Now, deposits and withdrawals can be done in a single step.
The service operates 24/7, excluding maintenance periods. Trades can start from ¥1,000 (almost $7), deposits are free, and withdrawals carry a fee of ¥110 ( around $0.70). Daily and monthly transaction limits are set at ¥1,000,000 (around $6,400) and ¥2,000,000 (around $13,000), respectively. PayPay Money Lite and limited-time PayPay Points are not supported.
To activate the service, users will have to authenticate their identities within Binance Japan, as well as in PayPay, and link their accounts. Users have to download the most recent version of the Binance Japan app.
PayPay purchased a 40%investment in Binance Japan in October 2025. Binance Japan began operations in 2023 and serves new and experienced users. The acquisition is merging millions of PayPay users to trade crypto using PayPay Money and PayPay Points.
Japan’s stricter crypto regulations
Meanwhile, as cryptocurrency use grows worldwide, Japan is considering tighter regulations to better protect investors.
The Financial Services Agency (FSA) is contemplating the classification of major cryptocurrencies, such as Bitcoin and Ethereum, as financial investment products. These would fall under regulations similar to stocks found in the Financial Products Transaction Act if adopted.
The Japan Exchange Group (JPX) is also exploring rules for companies that transition their principal business to crypto. Companies that utilize crypto could face higher listing requirements as well as greater compliance-based audits and approvals to ensure that they are sufficiently governed to protect the investors.
This is part of Japan’s effort to regulate the growing crypto market and reduce risks for investors.
Also Read: Japan Eyes Tighter Rules for Bitcoin-Holding Firms
