Sep 05 (newsonjapan.com) - There are a lot of people who are currently wondering how you can spend Bitcoin in Japan.
This is especially the case since Bitcoin and other forms of crypto have been added to the ZenMarket. There are a number of different ways that you are able to spend Bitcoin in Japan, and these are all going to be discussed in more detail below.
Will People Accept Crypto in Japan?
The answer is yes and as such, it may well be the case that you would like to start spending Bitcoin and other cryptocurrencies there. If you’re going to be doing this, then you need to be sure that you keep on top of how much different cryptocurrencies are currently worth. There are a number of different ways that you can do this but a good resource to be aware of is OKX which has a live feed displaying all of the different values of cryptocurrencies.
You should also keep in mind the fact that spending crypto in Japan, though possible, can be tricky due to the fact it is a largely cash based society. There are a lot of places that don’t accept card yet, let alone Bitcoin. As such, you should consider some of the below places where crypto is accepted as opposed to assuming you can use it everywhere.
Bic Camera
Bic Camera is slightly ahead of the curve with their ideas towards currency as they have been allowing people to pay with crypto since 2017. This is one of the most widely available places in Japan where you are going to be able to spend your crypto. Here, you’re going to be able to buy anything that is electronic or home appliance related as it is the third biggest electronic retailer in Japan. There are plenty of other products available too such as alcohol, but this will depend on the specific store you visit.
You might get told by a member of staff whilst there that you need to download the BitFlyer app to pay there but this is a common misconception. The fact is that any crypto wallet will be acceptable as long as it’s BitFlyer that accepts the payment. If you run into any problems when making your transaction just be patient and explain the situation.
Hackers Bar
Tokyo has a booming nightlife and one of the contributions to that is Hackers Bar. This is a great venue with great drinks, but it also manages to set itself aside from its competition by accepting cryptocurrency as payment for drinks. This seems fair enough as you wouldn’t call a bar Hacker if you didn’t want to attract tech enthusiasts, would you?
Dot Raw
Staying on the theme of places to eat and drink that will accept crypto, if whilst you’re in Tokyo you decide you would like to use crypto to get some food then look no further than Dot Raw. This can be found in the Roppongi District, and it is a vegan friendly café that is ideal for everyone to stop for lunch at. They are keen to accept crypto payments too so why not head down there?
