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SBI VC Trade review: score, licensing and risks

75/100SCORE · BTrusted Grade B, very good

FSA registered and part of the SBI financial group, which makes it one of the more conservatively backed venues in Japan.

The facts

FOUNDED
2016
HEADQUARTERS
Japan
CUSTODY
Custodial.
MiCA / EEA
Not authorised across the EEA.
US ACCESS
No.
PROOF OF RESERVES
No standard proof of reserves publication.
FEES
Typical for a venue of its size. Confirm current pricing on its own site.
ASSETS
Varies

How the score breaks down

regulation20/25
security17/25
costs11/15
assets11/15
platform9/10
support7/10

Each dimension is explained on the methodology page.

Where it is strong and where it is not

✓ Strengths
  • Established venue in Japan
  • Local JPY deposit and withdrawal rails
✗ Weaknesses
  • Japan focused, so limited use elsewhere
  • Less independent scrutiny than the global majors
  • Smaller asset list and thinner liquidity

Incident history

No major security breach or regulatory action on record.

Our read

FSA registered and part of the SBI financial group, which makes it one of the more conservatively backed venues in Japan.
COMPARE
RISK WARNING Crypto assets are highly volatile and largely unregulated. You can lose everything you put in. Nothing on this page is financial, investment or tax advice, and nothing here is a recommendation to buy or sell any asset. Do your own research and never commit money you cannot afford to lose.