bitFlyer Implements 48-Hour Withdrawal Cooldown for New Accounts
Japanese exchange bitFlyer is introducing a 48-hour restriction on outbound crypto transfers for recently verified users who deposit yen, effective October 15, 2026.
Starting October 15, 2026, bitFlyer will implement a 48-hour waiting period for outbound crypto transfers following yen deposits. The policy specifically targets individual customers who completed their identity verification within the previous 90 days.
The exchange stated that the measure is intended to mitigate fraud associated with newly verified accounts, which are often targets for account takeovers. The restriction applies to each yen deposit individually, triggering a 48-hour clock for each transaction.
Under the new rules, outgoing crypto transfers are capped at the total deposit amount minus ¥100,000. Deposits of ¥100,000 or less are exempt from this cap. The cooldown only affects the ability to move crypto off the platform, while trading, holding, and yen transactions remain unaffected.
This policy applies to deposits made on or after the October 15, 2026 effective date. It functions alongside the exchange's existing 7-day transfer hold on specific deposit methods, such as Pay-easy and convenience store payments.
bitFlyer, which operates under the oversight of Japan’s Financial Services Agency, noted that it has not experienced a hack since its founding in 2014. The new cooldown is designed to provide a window to identify suspicious activity before assets are moved off-chain.
