PROPR GUIDE / FROM JAPAN
Getting started with Propr from JapanGetting started with Propr from Japan.
Before applying, review the terms, prepare for identity verification and receiving USDC, check schedules in Japan time, and understand the tax questions to consider.
Key facts
- Restricted countries
- Japan is not listed Rulebook as of 2026-09-27
- Age
- 18or older Terms of Use
- Daily reset
- 9:00JST 00:00 UTC
- Rewards
- USDC Within 24 hours of the request
SourcesPropr Terms & Rulebook↗
At a glance
How do you get started with Propr from Japan?
As of 2026/9/27, Japan is not among Propr's restricted countries. You must be at least 18 years old, and identity verification takes place before the Funded account stage. Rewards are paid in USDC, so you need a wallet that supports the network specified on the payout request screen. Tax treatment depends on your circumstances: retain records when receiving payments and consult a professional.
Source: Official Propr Rulebook ↗ · Verified 2026-09-27
What to check in the terms
These are the points in Propr's Terms of Use and Rulebook that applicants in Japan should pay particular attention to. The terms are in English and were last updated on 2026/8/26.
| Item | Details |
|---|---|
| Age | 18 years or older |
| Restricted regions | 30 countries, including Russia and Iran, parts of Ukraine and regions subject to OFAC sanctions. Japan is not on the list. |
| VPN | Using a VPN to access the service from a restricted region results in account termination without a refund or payout. |
| Account | 1 login account per 1 person. Sharing or selling it is prohibited (you may hold multiple Evaluation accounts at the same time). |
| Entry fee | Once paid, the fee is not refunded even if the Evaluation ends early. |
| Governing law | The laws of the British Virgin Islands (BVI). Disputes are handled individually; class actions are not permitted. |
What users in Japan should understand
Propr is not registered with Japan's financial authorities. Its official disclosures also state that it is not a broker, does not accept deposits and is not authorized by any financial authority, including in the BVI. Assess the service on the basis that you will not receive the protections available under Japanese law for users of regulated financial services.
Prepare for identity verification
Identity verification is not required to register or purchase an Evaluation. It takes place after you pass the Evaluation and before you activate a Funded account. Preparing your documents in advance can help avoid delays after passing.
| What you need | Details |
|---|---|
| Identity document | A valid government-issued ID, such as a passport, national ID card or driver's license |
| Live selfie | A photo of your face taken during the process and checked against your ID |
| Proof of address | Not required |
| Time required | Described as usually taking a few minutes |
The Rulebook does not specify which Japanese identity documents, such as a My Number card, are accepted. Follow the instructions on the verification screen.
Prepare to receive USDC
Rewards are sent onchain in USDC, a crypto asset designed to maintain the same value as the US dollar. To receive them, you need an address for a wallet that supports USDC.
- Match the network:USDC exists on multiple blockchains. Always check that the network specified on the request screen matches the network supported by your receiving wallet or exchange. Funds sent on the wrong network may be unrecoverable.
- If using an exchange address:Check in advance that the exchange accepts USDC deposits on the specified network.
- If using a self-custody wallet:Never share your private key or seed phrase. Do not provide it even if someone claiming to represent Propr or support asks for it.
- Check the address after pasting:Compare the first and last few characters before submitting your request.
Rewards are processed within 24 hours of the request, and the transfer record can be verified on the blockchain.
Japan time reference
| Event | Coordinated Universal Time (UTC) | Japan Standard Time (JST) |
|---|---|---|
| Daily Loss Limit reset | Daily at 00:00 | Daily at 9:00 a.m. |
| Points allocation (official campaign page) | Every Friday at 18:00 | Every Saturday at 3:00 a.m. |
| Funding payments (Hyperliquid) | Hourly | Hourly |
| Payout processing | Within 24 hours of the request | Within 24 hours of the request |
Japan does not use daylight saving time, so it is always 9 hours ahead of UTC. At 9 a.m., the reference balance used for the Daily Loss Limit changes.
Tax considerations
This section outlines issues that residents of Japan should consider when receiving rewards. It does not provide individual tax determinations. Income classification and filing requirements depend on your other income and trading circumstances.
- Records when receiving rewards:Record the receipt date and time, the amount of USDC and its yen value at that time. Retain the onchain transfer record (transaction hash) as well so you can verify it later.
- When converting USDC to yen or another currency:If the yen value differs between receipt and conversion, the difference may constitute a separate gain or loss. Japan's National Tax Agency explains that income from selling crypto assets is generally classified as miscellaneous income.
- Expense records:Record the date and amount of entry fee payments and any other related costs. Whether they can be treated as deductible expenses depends on your circumstances.
- Where to seek advice:Check National Tax Agency materials, then consult a tax office or tax professional about whether you need to file a return and how the income should be classified.
SourcesNational Tax Agency: Tax Treatment of Crypto Assets and Calculation Forms↗Propr Terms of Use↗
Glossary
Terms on this page, explained simply.
- KYC (identity verification)
- Identity verification using a government-issued ID and a live selfie. It is required before activating a Funded account.
- USDC
- A crypto asset (stablecoin) designed to maintain the same value as the US dollar. Propr rewards are transferred in USDC.
- Onchain
- Recorded on the blockchain. Anyone can later verify the date, amount and destination of a transfer.
FAQ
FAQ: Getting started with Propr from Japan
QCan I use Propr from Japan?
AJapan is not among the restricted countries in the Official Rulebook and Terms of Use as of 2026/9/27. Conditions may change, so check the latest terms before applying.
QCan I receive rewards in Japanese yen?
ARewards are transferred onchain in USDC. The official documentation does not describe a way to receive them in yen.
QAre rewards taxable?
AIf you live in Japan, rewards you receive and gains or losses from converting USDC to yen or another currency may be taxable. Income classification and filing requirements depend on your circumstances. Check National Tax Agency materials and consult a tax office or tax professional.
QIs Propr registered with Japan's Financial Services Agency?
AThe official disclosures state that Propr is not a broker and is not authorized by any financial authority. Assess the service on the basis that it is not a registered financial services provider in Japan.