Regulated

Score

0123456789.01234567890123456789
/10

SBI VC Trade

Japan

|

5-10 years

Digital Currency License|

High potential risk

https://www.sbivc.co.jp/

Website

Rating Index
Influence

Influence

B

Influence Index NO.1

Japan 7.86

Better than 99.93% exchange(s)

Biz Area

Search Statistics

Advertising

Social Media Index

Influence
B

Licenses

FSA

FSARegulated

Digital Currency License

Exchange Info

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Company Name
SBI VC Trade
Phone of the company
03-6779-5110
Company website
More
Facebook
--
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Customer Service Email Address
sbivc_contact@sbivc.co.jp

WikiBit Risk Alerts

1
Previous Detection 2024-12-09

The number of this Exchange's nagitive field survey reviews has reached 1, please be aware of the risk and the potential scam!

Website

Genealogy

Social Media

Trade Type

Keywords

Time Machine

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User Reviews

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30 ratings

Participate in evaluation
FX1056764795
SBI VC Trade's got some decent liquidity, but man, the price volatility can be a real rollercoaster. Their transaction fees aren't too shabby either.
2024-06-22 18:42
3
FX1682311163
Absolutely love SBI (crypto tokens)! Their innovative technology is truly game-changing. Plus, the community is helpful and energetic. Highly recommend this to everyone!
2024-03-09 12:44
1
FX1402277702
SBI's interface is fantastically user-friendly, ideal for newbies and pros. Deposit speed and Liquidity are superb!
2024-01-05 02:07
7
Edidiong
This was my first app of trading cryptocurrency,at first I thought there were scam but to my greatest surprise,I have gained and earn alot through this platform
2023-12-26 20:43
5
Edidiong
Best trading platform ever which is also good and a well secured platform to do trade and investing
2023-12-22 11:58
6
Edidiong
Best place to trade and invest on A good and most wonderful trading platform ever where you can trade and invest on without regrets.
2023-12-21 07:18
5
Xarah1113
Hi this is my rate
2023-12-18 15:37
3
amirshariff24
hope they'll improve their services.
2023-10-11 10:00
7
Dexter 4856
SBI, is effective ,.good exchange to used
2023-11-07 06:13
5
Dazzling Dust
SBI VC Trade is backed by a trusted financial institution, providing a sense of security for users.
2023-11-03 08:15
1
FX1061914763
SBI's transaction fees are outrageously high, and the liquidity is so poor that it makes transactions more difficult for me to buy and sell. The total cost of dealing with this is already too heavy!
2023-10-03 08:37
3
Dexter 4856
SBI exchange, this exchange is a good and reliable for traders...the interface is ok..
2023-11-22 13:33
5
Dexter 4856
SBI exchange is not really bad, the exchange help in fast trading.
2023-11-29 04:13
2
Dexter 4856
SBI , this exchange is trying their best, but still need some improvement .
2023-11-28 12:28
4
favour 687
SBI is very safe and easy to understand and trade Bitcoin
2023-11-24 21:20
5
favour 687
SBI is very good and reliable no scam in this foreign exchange
2023-11-23 02:06
9
Michael boro
SBI VC Trade is a financial firm that specializes in managing cryptocurrency assets as well as online banking, insurance, and securities.
2023-11-06 21:43
6
FX1153297136
SBi's user interface is very convenient, and both trading operations are very smooth. However, its price fluctuates violently, which makes it somewhat difficult.
2023-10-10 04:41
8
Newton2834
with SBI Discover the safest and quickest way to buy cryptocurrencies like Bitcoin and Polygon is one of the best exchanges in the world!
2023-11-02 18:47
4
Evolution07
Secured
2023-10-29 11:55
8

View all comments

AspectInformation
Company NameSBI VC Trade
Registered Country/AreaJapan
Founded Year2016
Regulatory AuthoritiesRegistered as a cryptocurrency exchange with the Japanese Financial Services Agency (FSA)
Cryptocurrencies AvailableBitcoin (BTC), Ethereum (ETH), Ripple (XRP), Bitcoin Cash (BCH), and more
Trading FeesAccount Management Fee: None, Spot Trading Fee: Free for sales transactions
Payment MethodBank transfers, cryptocurrency deposits, and withdrawals
Customer SupportPhone: 03-6779-5110, Twitter: SBI VC Official, Email: sbivc_contact@sbivc.co.jp

Overview of SBI VC Trade

SBI VC Trade, a virtual currency exchange based in Japan, was founded in 2016. It is registered as a cryptocurrency exchange with the Japanese Financial Services Agency (FSA), ensuring compliance with regulatory requirements.

The exchange offers a range of cryptocurrencies for trading, including Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), and Bitcoin Cash (BCH). Traders can access the platform through a web-based interface or a mobile app, providing convenience and accessibility.

In terms of deposit and withdrawal methods, SBI VC Trade allows users to make transactions through bank transfers as well as cryptocurrency deposits and withdrawals. This provides flexibility for users to manage their funds according to their preferences.

Overview of SBI VC Trade

Pros and cons

ProsCons
Regulated by FSA in JapanLimited variety of cryptocurrencies
Wide range of market instrumentsInterface may not be suitable for beginners
Integrated services like SBI Web3 WalletHigher trading fees compared to some platforms
User-friendly VCTRADE app
Multiple customer support channels
Flexible payment methods
Transparent fee structure

Security

SBI VC Trade prioritizes security measures to ensure the protection of users' funds and personal information. The exchange implements industry-standard security protocols, including encryption technology and two-factor authentication, to safeguard user accounts from unauthorized access.

Cryptocurrencies available

SBI VC Trade offers a variety of cryptocurrencies for trading, including Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), and Bitcoin Cash (BCH).

Cryptocurrencies available

VCTRADE APP

VCTRADE Mobile is a user-friendly trading app suitable for both novice and experienced users. Its intuitive interface facilitates stress-free trading, providing a smart design and Japanese language support. Users can easily grasp their profit and loss status at a glance. The app ensures smooth spot and leverage trading through a straightforward operation screen. It grants convenient access to essential functions, including account management, buying and selling, deposits/remittances, and customer notifications.

To download the app, visit the respective app store on your mobile device, search for “VCTRADE Mobile,” and follow the installation instructions for easy access to its trading features.

VCTRADE APP

How to open an account?

The registration process of SBI VC Trade typically involves the following steps:

Visit the official website of SBI VC Trade and click on the “Open a new account” button.

How to open an account?

2. Fill out the registration form with the required information, including your name, email address, and password.

3. Verify your email address by clicking on the verification link sent to your registered email.

4. Provide additional personal information, such as your residential address and phone number.

5. Complete the KYC (Know Your Customer) process by submitting identification documents, such as a valid passport or driver's license.

6. Once your registration and KYC information have been verified and approved, you will receive a confirmation email, allowing you to log in and start trading on the platform.

How to Buy Cryptos?

Buying Crypto on SBI VC Trade:

Login: Access your SBI VC Trade account and navigate to the “Trade” section.

Choose your Crypto: Select the cryptocurrency you want to buy (e.g., Bitcoin, Ethereum).

Spot or Margin: Decide between “Spot Trading” for immediate purchase or “Margin Trading” with leverage (borrowed funds).

Order Type: Choose your order type:

Market Order: Buy at the current market price.

Limit Order: Buy at a specific price you set (might not execute immediately).

Stop-Loss Order: Sell automatically if the price falls below a specific point.

Enter Amount: Specify the amount of crypto you want to buy (in currency or crypto units).

Review & Confirm: Double-check your order details and confirm the purchase.

Funding: Choose your funding method:

Yen Deposit: Transfer JPY from your linked bank account.

Crypto Transfer: Deposit existing crypto from another wallet.

Complete Purchase: Once funded, the crypto will be credited to your SBI VC Trade wallet.

Fees

Here is SBI VC Trade's Fee Structure:

Account Management Fee:

Spot Trading: No account opening fee, no account maintenance fee.

Leveraged Trading: No account opening fee, no account maintenance fee.

Transaction Fee:

Spot Trading: Free for sales transactions.

Leveraged Trading: Free for exchange (Maker/Taker) fees.

Loss Cut Fee:

No loss cut fee for both spot and leveraged trading.

Leverage (Open Interest) Fee:

The current leverage fee rates apply for leveraged trading.

Deposit/Withdrawal Fee (Japanese Yen):

Deposit Fee: Free.

Withdrawal Fee: Free.

Handling Fees for Cryptocurrency Storage/Delivery (Receipt/Sending):

Storage (Receipt) Fee for Crypto Assets: Free.

Shipping (Sending) Fee for Crypto Assets: Free.

When receiving crypto assets at SBI VC Trade, customers are responsible for the delivery fee, including the cost for posting on the blockchain, when sending instructions from other exchanges or wallets.

Fees
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