USDT/JPY P2P rates in Japan

The median of the first public offers to buy USDT/JPY (up to 10 per platform) is Binance P2P: 167 JPY; OKX P2P: 182 JPY; sampled Oct 7, 08:20 AM GMT. Against the USD/JPY reference of 158 JPY, the median premiums are Binance: Buy premium +5.73% · Sell premium -1.1%; OKX: Buy premium +14.78% · Sell premium -2.5%. These are public P2P quotes compared with an independent FX reference, not local cash or parallel-market rates. A premium is not net profit: trading, withdrawal and execution costs still apply.

1 USD ≈ 158 JPY

Frankfurter daily reference blended across providers · 2026-10-07 · View FX source · USD reference, not a local cash or black-market rate

Binance · Median price: Buy USDT 167 / Sell USDT 156 JPY · Buy premium +5.73% · Sell premium -1.1%

OKX · Median price: Buy USDT 182 / Sell USDT 154 JPY · Buy premium +14.78% · Sell premium -2.5%

Gross cross-platform spread: -0.83% (buy on OKX at 168 JPY; sell on Binance at 166 JPY). Before fees; payment compatibility, limits and execution are not verified.

Sampled: Oct 7, 08:20 AM GMT

Binance P2P

Buy USDT

Median price167 JPYPremium vs FX+5.73%Sampled offers10
Payment method
#MerchantQuotePremium %
1TopRate_FastTrade166+4.91%
2KingLyshop166+4.94%
3Tuandeptrai78166+4.97%
4All_Time_MTP167+5.7%
5VIP_PRO_247167+5.72%
6User-73d6d167+5.73%
7NguyenTrung Kien167+5.85%
8Opsama173+9.19%
9Dangchelsea-paypay175+10.66%
10dyral dixon176+11.58%

Sampled: Oct 7, 08:20 AM GMT

Sell USDT

Median price156 JPYPremium vs FX-1.1%Sampled offers10
Payment method
#MerchantQuotePremium %
1Takara68166+5.04%
2BestSeller999166+5%
3Dracula_99166+4.97%
4LKRcrypto157-0.97%
5PK_CRYPTO_PRO2026157-1%
6TopRate_FastTrade156-1.2%
7The_light_01156-1.23%
8All_Time_MTP156-1.25%
9VIP_PRO_247156-1.35%
10NguyenTrung Kien156-1.35%

Sampled: Oct 7, 08:20 AM GMT

OKX P2P

Buy USDT

Median price182 JPYPremium vs FX+14.78%Sampled offers10
Payment method
#MerchantQuotePremium %
1izumi@168+5.92%
2comae168+6.23%
3SILKROADGLOBAL170+7.38%
4tr_trading178+12.56%
5Nduku181+14.69%
6Stagg's182+14.87%
7._Umi_Chan_.184+16.32%
8TokyoVN184+16.34%
9Maru319212184+16.35%
10._Umi_Chan_.228+44.17%

Sampled: Oct 7, 08:20 AM GMT

Sell USDT

Median price154 JPYPremium vs FX-2.5%Sampled offers10
Payment method
#MerchantQuotePremium %
1FASTPAYEXCHANGE161+1.81%
2FASTPAYEXCHANGE156-1.63%
3SANITRADERS156-1.64%
4Vozinha_Ex155-2.3%
5Zevix154-2.38%
6Zevix154-2.62%
7DrXp2p153-3.25%
8MARCO-MAX153-3.25%
9AlphaXTrader✓152-3.88%
10OneClick$152-3.88%

Sampled: Oct 7, 08:20 AM GMT

Premium history

History tracks the best visible premium sampled every 30 minutes, not the current top-10 median. New markets build history from launch.

How to read this data

Public quotes are indicative. Check order limits, payment compatibility, KYC and execution costs. A premium is not a guaranteed profit.

What is a P2P premium?

Premium = (USDT fiat price / USD fiat reference − 1) × 100. USDT and USD are different assets; this is a reference comparison, not an executable USD conversion.

How is a cross-platform spread calculated?

Gross spread = (best sell price / best buy price − 1) × 100, in the same fiat. Fees and available order size must be checked separately.

Why do prices differ?

Local supply, demand, payment methods and execution restrictions can change P2P quotes. The FX reference is a provider benchmark, not a local cash or black-market rate.

Is a premium the same as net profit?

No. A premium compares a USDT quote with the USD FX benchmark. Net profit must also subtract trading and withdrawal fees, and depends on compatible payments, limits and executable liquidity. Use the calculator with your own costs.