Bitbank exchange overview
Decentralized (DEX). Country Japan. Established 2016. Trust rank 35. Reported 24h volume 518.22 BTC.
Coverage: 44 active pairs across 44 tradable assets. Liquidity profile: Moderate. Concentration: Concentrated. Execution quality: Tight. Top ten pairs share 97.8%. Key pairs include XRP/JPY, BTC/JPY, ETH/JPY, DOGE/JPY. Leading pair XRP/JPY. Median spread on leading markets 0.09%.
What the key metrics mean
Volume mix: JPY is the largest tracked quote currency at about 100.0% of measured flow. Data scope: 44 tickers observed, with spread readings on 44 markets. Trust rank is best read as a positioning cue, and 24h BTC volume complements it with recent activity scale. Coverage reflects breadth of markets you can access here, which matters when you need alternatives beyond the top pair. Concentration helps explain whether liquidity is diversified or tied to a handful of dominant pairs. Median spread is a practical measure of how tight pricing tends to be on the leading markets. Top ten share is very high here, which can make liquidity feel deep on the leaders while thinner elsewhere. Tight spreads on the leaders generally support cleaner fills, especially when depth remains stable. For venue selection, combine breadth, concentration, and spread conditions with the key pairs list to understand.
Editorial note: This analysis was prepared by the YearBull research team under the direction of Alan Zelvin, Founder and Lead Crypto Researcher. The assessment follows YearBull’s internal research methodology and editorial standards. Methodology · Editorial Policy