According to RemitRoutes data (updated 5h ago), the cheapest way to send 1,000 JPY to South Korea is Instarem at 0.35% total cost. Crypto rails at 1.42% are 1.07 percentage points more expensive than the cheapest traditional option at 0.35%.
Sending $1,000 JPY. Rates measured 5h ago from live APIs · refreshed every 6 hours — never estimated.
| Provider | Type | Recipient Gets | All-In Fee | Speed |
|---|---|---|---|---|
| ✦ Instarem | Traditional | 8,686.9 KRW | 0.35% | Unknown |
| Remitly | Traditional | 8,661.16 KRW | 0.65% | Minutes |
| Wise | Traditional | 8,623.02 KRW | 1.09% | 1-2 business days |
| Western Union | Traditional | 8,614.11 KRW | 1.19% | 1 business day |
| ✦ Bithumb | Crypto | 8,594.38 KRW | 1.42% | ~1 second |
| Rakuten | Traditional | 8,408.78 KRW | 3.55% | Unknown |
| SMBC | Traditional | 8,359.36 KRW | 4.11% | Unknown |
Updated every 6 hours from real APIs (Wise, CCXT, CoinGecko). No data is estimated or hardcoded. See methodology · Full JPY → KRW cost data