A comprehensive guide to depositing Japanese Yen (JPY) on Gate. This professional walkthrough details the bank transfer process, how to select the appropriate channel, enter your deposit amount, and execute the transfer, with straightforward explanations designed for newcomers. Frequently asked questions are provided as well.
Accessing the Wallet Page
To deposit funds using fiat currency, log in to the official website and select [Wallet] - [Fiat and Spot]. Once you see the [Spot] screen, click [Deposit].
You can also reach the same screen by clicking the [Deposit] button on the left side of the wallet and then selecting [Bank Deposit]. On the next screen, choose “Deposit JPY” to proceed.
Selecting a Deposit Channel
Next, choose your deposit channel from the available options (GMO or SBI), and then click [Next].
Important Notice: If your name in Katakana cannot be verified, the GMO channel will not be available. In such cases, please use the SBI channel. Confirming this during channel selection will help ensure a smooth process later.
Entering the Deposit Amount
Enter the amount you want to deposit. Note that your bank may charge a transfer fee, and the final credited amount may differ from what appears on the deposit screen.
After entering the deposit amount, important instructions will appear. Review these carefully, then select [Acknowledge] to proceed to the next step.
Confirming Bank Transfer Procedures
The deposit instructions screen will appear. This information is critical for completing your bank transfer.
When making the transfer, enter the “Sender Name” shown in the deposit details in the “Remitter’s Name” field. We recommend using the copy function for accuracy.
Note: If you omit or incorrectly enter your customer-specific number or other required details, your deposit may be delayed or not credited at all. Accurate entry is essential for a successful deposit, so please exercise caution.
Completing the Transfer From Your Bank Account
Log in to your bank account and complete the transfer according to the deposit instructions. Be sure to enter the sender’s name exactly as indicated in Step 5 in the remitter’s name field. Providing correct information is essential for smooth processing.
Important Notice: If you use payment service providers such as Wise or Revolut for your deposit, please note the following:
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Deposits made through payment service providers may not be credited to your account because the remitter cannot be identified. If this applies to you, request a cancellation or reversal from your provider.
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Deposits over 650 JPY are eligible for a refund. To request a refund, contact customer support. Deposits of 650 JPY or less are not eligible for refund and cannot be processed.
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The refund amount is calculated as [Deposit Amount - 650 JPY] (Transfer fee: 150 JPY, Refund processing fee: 500 JPY).
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Deposits must be made directly via bank transfer from your own Japanese domestic bank account. Other deposit methods may not be processed.
Checking Deposit Status
After making the transfer, check your deposit status by going to [Wallet] - [Transaction History]. This allows you to confirm whether your deposit has been successfully processed. Bank transfers may require several business days to be reflected in your account.
FAQ
What deposit methods are available for JPY at major Japanese exchanges?
Bank transfer is the primary method for JPY deposits. Transfer funds to the account designated by each exchange and follow their instructions. JPY deposit fees are free of charge.
Bank Transfer: What are the fees and settlement times for JPY deposits?
Fees for JPY deposits via bank transfer typically range from 0–1%, depending on the amount sent. Deposits generally settle within 0–2 business days.
Can I deposit JPY with a credit or debit card?
Yes, you can deposit JPY using either a credit card or debit card. Simply enter your card details and specify the deposit amount for a quick and easy process.
Are there non-bank methods for JPY deposits, such as convenience stores or ATMs?
Yes. Internet banking, convenience store deposits (Lawson, FamilyMart, etc.), and ATM deposits (Pay-easy) are available. These options operate 24/7/365, with a fee of 330 JPY (tax included) per transaction.
How do minimum and maximum JPY deposit limits vary by exchange?
Minimum JPY deposit amounts vary by exchange but typically start at the equivalent of 500 JPY. Maximum limits differ as well. Please refer to each exchange’s official website for exact figures.
How can I confirm a JPY deposit is credited, and what should I do if there’s an issue?
After logging in, check your deposit status in the deposits and withdrawals menu. Bank transfers usually reflect within a few hours to 24 hours. If the deposit is not shown, it may be due to bank maintenance or system processing. For problems, contact customer support.
Which exchange offers the lowest JPY deposit fees if I use multiple exchanges?
JPY deposit fees differ by exchange. GMO Coin and bitbank are generally recognized for low fees, but always verify the latest fee information directly with each exchange.
* The information is not intended to be and does not constitute financial advice or any other recommendation of any sort offered or endorsed by Gate.
