FAQ

Crypto FAQ

Short, plain answers to the questions beginners ask most. Tap through for the full explainer.

Solana basics

What is Solana (SOL)?

Solana is a high-performance blockchain known for high throughput and very low fees. SOL is its native token, used for fees, staking and governance.

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How do I buy SOL?

Create an account at a reputable exchange, verify your identity, deposit funds, buy SOL, then (optionally) withdraw it to your own wallet such as Phantom.

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Is staking SOL safe?

Staking helps secure the network and earns rewards, but it isn't risk-free: your SOL stays exposed to price swings and there can be unbonding delays. You delegate to a validator and keep custody of your keys.

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Why are Solana fees so low?

Solana processes transactions in parallel and uses Proof of History to order them efficiently, so each transaction usually costs a tiny fraction of a cent.

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How do I use a Phantom wallet?

Install the Phantom extension or app, create a wallet, and securely back up your seed phrase offline. Never share that phrase with anyone.

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Crypto in Japan

Is cryptocurrency legal in Japan?

Yes. Crypto is legal and regulated in Japan. Domestic services must be registered with the FSA.

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How do I buy crypto in Japan?

Open an account at an FSA-registered exchange, complete identity verification (KYC), deposit Japanese yen, then buy.

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What is the FSA?

Japan's Financial Services Agency. Crypto exchanges serving Japanese users must register with it.

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Are Japanese crypto exchanges safe?

Registered exchanges follow strict rules on asset segregation and cold storage, making Japan a comparatively protected market — but no service is risk-free.

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Getting started

What is cryptocurrency?

Digital money and assets managed on a blockchain, with no central bank or company in control.

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Do I need a wallet?

You can hold crypto on an exchange, but for safety and long-term storage your own wallet is recommended.

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Safety & tax

How do I keep my crypto safe?

Never share your seed phrase, store it offline, enable two-factor authentication, and beware of scams.

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Are crypto gains taxed in Japan?

Generally yes — usually as 'miscellaneous income'. Always confirm details with the National Tax Agency or a professional.

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