Limits for buying/selling crypto assets

Note: The buying/selling of KAIA (KAIA) on the brokerage is currently being prepared. For more information, see Automatic transfer to KAIA (KLAY) has been completed. (Only available in Japanese.)

To sell crypto assets:
1. From the LINE BITMAX home screen, tap the Brokerage tab > the crypto asset you want to sell.
Note: Tap here to go to the LINE BITMAX home screen from your smartphone.
2. Tap Sell at the bottom of the screen.
3. Enter the crypto asset amount and tap Sell at the bottom of the screen.
Note: You can enter your entire amount by selecting 100% from Select to the right of the amount input field.
4. Confirm the details and tap OK.

For a detailed guide to the steps with screenshots, see the following LINE BITMAX official blog post. (Only available in Japanese.)

Making your first crypto asset trade [From sale to withdrawal] > Selling your crypto assets

See also:
I can't sell the crypto assets that I hold
Setting trigger orders

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Depending on the crypto asset type, there are limits to the amount you can buy/sell in a single transaction.
Note: The buying/selling of KAIA (KAIA) on the brokerage is currently being prepared. For more information, see Automatic transfer to KAIA (KLAY) has been completed. (Only available in Japanese.)

	Maximum trading amounts (per transaction)
KAIA (KAIA)	KAIA 5,000
Bitcoin (BTC)	JPY 50,000,000
Ethereum (ETH)	JPY 10,000,000
Ripple (XRP)
Bitcoin Cash (BCH)
Litecoin (LTC)
Stellar Lumens (XLM)	JPY 1,000,000
Flare (FLR)	Trading not supported

Note:
- The maximum trading amounts in the table above are in Japanese yen, except for KAIA (which is in KAIA).
- For details about KAIA trading limits, see Restrictions on trading KAIA. (Only available in Japanese.)

For more information about trading limits and fees, see the following page. (Only available in Japanese.)

Trading Limits and Fees

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	Trading units
KAIA (KAIA)	KAIA 0.000001
Bitcoin (BTC)	BTC 0.00000001
Ethereum (ETH)	ETH 0.00000001
Stellar Lumens (XLM)	XLM 0.000001
Ripple (XRP)	XRP 0.000001
Bitcoin Cash (BCH)	BCH 0.00000001
Litecoin (LTC)	LTC 0.00000001

An insider is someone who has or is likely to have crypto asset-related information.

Crypto asset-related information refers to anything having to do with undisclosed important information related to LINE BITMAX or regarding crypto assets handled or intended to be handled by LINE BITMAX, as well as information that could affect one's decision to purchase, sell, or trade crypto assets.

For example, the following types of people are likely to be insiders:

1) An issuer or manager of a crypto asset handled by LINE BITMAX

2) An associated company (as defined in article 8.8 of the "Regulation for Terminology, Forms and Preparation of Financial Statements") of a person described in 1)

3) A major shareholder of 1) or 2)

4) An officer of 1) or 2)

5) A person who formerly qualified as 4) within one year

6) A spouse or cohabitant of 4)

7) An employee of 1) or 2)

8) A major shareholder, officer, or employee who conducts crypto asset-related trading for business (regardless of registration or whether they are in Japan or abroad)

If you qualify as an insider, you cannot make transactions using crypto asset-related information. LINE BITMAX monitors for insider trading and other inappropriate transactions, and will alert or warn users if it is determined that any such activity has occurred. We also reserve the right to limit trading or cancel accounts at our discretion.

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The following limits are set for buying/selling crypto assets.

Limits per transaction
For information on the limits for buying/selling crypto assets, see the following Help article.

Limits for buying/selling crypto assets

Minimum trading amount
You cannot sell your crypto assets if the amount that you hold is worth less than 1 JPY when converted to Japanese yen at the current sell price.
Note: The buy and sell prices of crypto assets on LINE BITMAX include spread (transaction costs).

Example: If you hold BTC 0.00000014 and the sell price of one BTC is JPY 5,000,000, then the amount converted into Japanese yen after the sale is calculated as BTC 0.00000014 × JPY 5,000,000 = JPY 0.7. Since the amount of BTC you hold is worth less than JPY 1, it cannot be sold.

For information on restrictions when trading KAIA, see the following page. (Only available in Japanese.)

Restrictions on trading KAIA

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You can withdraw your crypto assets in Japanese yen by making both of the following transactions.

• Sell your crypto assets for Japanese yen.

• Withdraw your Japanese yen balance to LINE Pay, your bank account linked with LINE Pay, or PayPay.

For the steps to sell your crypto assets, see this Help article.

Once you've finished selling your crypto assets, the amount of Japanese yen that you sold them for will be reflected in your LINE BITMAX account. You can then withdraw the Japanese yen to your LINE Pay balance, your bank account linked with LINE Pay, or PayPay.

For details about the different methods of withdrawing your Japanese yen balance, see the following Help articles.

Making withdrawals to LINE Pay

Making withdrawals to bank accounts

Making withdrawals to PayPay

For a detailed guide to the steps with screenshots, please also see this LINE BITMAX official blog post. (Only available in Japanese.)

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Brokerage trades (market orders)

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Brokerage trades (market orders)

About market orders

Buying crypto assets

Selling crypto assets

Transaction fees when buying/selling crypto assets

Can I buy crypto assets right away after depositing money to LINE BITMAX?

Checking current crypto asset rates

Checking previous crypto asset rates

Rate fluctuation when buying/selling crypto assets

Limits for buying/selling crypto assets

Checking your history of traded crypto assets

When can I buy/sell crypto assets?

I want to cancel a transaction

I can't place a buy/sell order

Trading units for buying/selling crypto assets

What is an insider?

I was asked for a passcode when trading crypto assets

About the charts/rates for periods before LINE BITMAX started

What happens if a crypto asset I buy for JPY 1 is equivalent to less than the crypto asset's trading unit?

I can't sell the crypto assets that I hold

I want to withdraw crypto assets in Japanese yen