According to RemitRoutes data (updated 1h ago), the cheapest way to send 1,000 JPY to South Korea is Upbit at -0.48% total cost. Crypto rails at -0.48% are 0.65 percentage points cheaper than the cheapest traditional option at 0.17%.
Sending $1,000 JPY. Rates measured 1h ago from live APIs · refreshed every 6 hours — never estimated.
| Provider | Type | Recipient Gets | All-In Fee | Speed |
|---|---|---|---|---|
| ✦ Upbit | Crypto | 8,971.73 KRW | -0.48% (crypto premium) | ~1 second |
| Instarem | Traditional | 8,913.43 KRW | 0.17% | Unknown |
| ✦ Bithumb | Crypto | 8,884.2 KRW | 0.50% | ~1 second |
| Remitly | Traditional | 8,883.38 KRW | 0.51% | Minutes |
| Wise | Traditional | 8,842.89 KRW | 0.96% | 1-2 business days |
| SMBC | Traditional | 8,622.58 KRW | 3.43% | Unknown |
| Rakuten | Traditional | 8,616.27 KRW | 3.50% | Unknown |
Updated every 6 hours from real APIs (Wise, CCXT, CoinGecko). No data is estimated or hardcoded. See methodology · Full JPY → KRW cost data