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Buy Crypto with Line Pay

Buy Crypto with Line Pay

Fact Checked
February 9, 2023
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Summary: Line Pay and Line Bank both do not offer any products or services which enables its customers to buy Bitcoin and cryptocurrencies directly through the app. This means that Line users will need to find an exchange that accepts deposits using Line Pay in the currency you want to use.

Our top pick for Line Pay users is Bybit. Their platform offers fast and cheap Line deposits in JPY, USD, TWD and other currencies to trade 400+ cryptocurrencies with low fees. Bybit is one of the world's largest exchanges by volume & boasts over 10 million users in 150+ countries.

Table of Contents

Best Exchange for Line Pay

Platform Highlights

  • Fast and Free Line Pay deposits in JPY, TWD and 30 other fiat currencies.
  • Trade 400+ crypto assets with low fees via Spot Trading, Futures Trading or Crypto Options.
  • Non-KYC exchange with proof-of-reserves that show customer funds are backed 1:1.
Bybit - Line Pay
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Audited Proof of Reserves
Audited Proof of Reserves

How to Buy Crypto with Line Pay

As outlined above, the safest and easiest way to buy Bitcoin, Ethereum and other cryptocurrencies with Line Pay is with a trusted platform like Bybit. They accept Line deposits in a wide range of currencies to trade over 400 cryptocurrencies on their award-winning exchange that is users by over 10 million investors & traders worldwide.

You can get started in minutes with this simple guide:

  1. Sign up to Bybit with your email address and password (KYC information is not required).
  2. Select 'P2P Trading' to deposit funds into the platform.
  3. Choose 'Line Pay' as your payment method and select the fiat currency you want to buy.
  4. Find the best price from a vendor and click the 'Buy' button to input the amount you want to invest and complete the transfer.
Deposit Funds with Line Pay.
Deposit Funds with Line Pay on Bybit.

Is Line Pay Crypto Friendly?

Yes, Line Pay is crypto friendly. The platform allows customers to deposit funds into trusted & regulated exchanges, making it easier for them to invest in cryptocurrencies. This means that customers do not need to be concerned about Line blocking or freezing deposits into cryptocurrency exchanges.

Line Deposit Fees

The fees to deposit fiat currencies into an exchange like Bybit are completely free when using Line Pay. However, once on the platform, users will need to pay a small fee of 0.1% per transaction when buying & selling digital assets. This means you will pay a $1 fee for every $1,000 traded.

Final Thoughts

To summarise, Line Pay and Line Bank may not offer direct cryptocurrency purchases, but they do offer a crypto-friendly solution by allowing customers to deposit funds into trusted exchanges like Bybit. This makes it easy for users to invest in a wide range of cryptocurrencies with the peace of mind that their funds are safe and secure.

Bybit offers fast, cheap, and secure Line Pay deposits in multiple currencies to trade over 400 cryptocurrencies. With a user-friendly platform and over 10 million users worldwide, Bybit is the top pick for Line Pay users looking to buy & trade crypto assets. The small transaction fees make it affordable for all users, whether you are a seasoned trader or a beginner looking to invest in digital assets.

Adrian Graham

Co-Founder & former Investment Banker (Finance MBA) turned Full-Time DeFi analyst and researcher. Left traditional finance to pursue my interest in digital assets and decentralized finance.

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