![]() To further protect your account from cybercriminals, Coincheck ensures the highest level of security through two-factor authentication. This includes passports, driver’s licenses and other government-issued IDs. In addition, depositing over $500 within a day will require you to prove your identity by providing personal identification documents. The platform offers its investors cold wallets, allowing you to completely secure your assets from malicious parties since they are not connected to the Internet. If you’re looking for an exchange platform that offers top-notch security measures, Coincheck exchange has you covered. You can trade the following digital assets on the platform: When there are large fluctuations happening in the crypto sphere, Coincheck will automatically alert you so you find the right time to trade.Īside from Bitcoin, Ethereum and Litecoin, Coincheck also supports other cryptocurrencies in case you want to diversify your portfolio. Moreover, you can download the platform through iOS and Android app stores with a push notifications feature. So, even if you have little to no experience with asset transfers or mobile payments, you can get started with ease. However, one of the best things about Coincheck is its user-friendly platform, displaying a well-designed interface suitable for novice investors. Some people refuse to participate in crypto trading since they are intimidated by the complexity of crypto exchange services. Interested to know more about Coincheck and why it remains to be one of the leading exchange platforms in the market? Check out its best features below: Coincheck exchange features you should know As of writing, their volume over the last 24 hours has already reached approximately US$102,730,000. In fact, the company has experienced one of the highest Bitcoin trading volumes in Japan. This did not stop the platform from improving its services and security to earn back its clients’ trust. Coincheck managed to compensate their clients that suffered through losses. Since the platform was short-staffed and suffered technical difficulties with their site during that time, it resulted in poor security measures. ![]() However, in January 2018, Coincheck became controversial and made headlines when it was hacked and approximately 500,000,000 NEM tokens were stolen. They have collaborated with SEKAI to support Taiwanese and Chinese investors to buy Japanese properties using their digital assets like Bitcoin. The platform is also known for offering a payment system for merchants that instantly converts crypto payments into yen.Īlthough Coincheck was established in Japan, it is available in other countries for bitcoin storage and trading. Currently, Coincheck is audited by the Japan Blockchain Association. In the platform, you can trade Ethereum (ETH), Bitcoin (BTC), Litecoin (LTC), Bitcoin Cash (BCH) and other cryptocurrencies as well as Japanese fiat currencies. If you’re curious about Coincheck and what’s on the table, continue reading below! A look into Coincheck exchange: What you need to know A brief historyįounded in 2012 by Koichiro Wada and Yusuke Otsuka, Coincheck is a digital wallet company and a cryptocurrency exchange headquartered in Tokyo, Japan. Considered to be one of the biggest exchange platforms in Asia with high trading volumes, it offers top-notch features and low-cost trading fees for investors. ![]() What features should you look for? How do you assess a platform’s reliability, security and trading fees?įortunately, Coincheck is one of your options. However, with lots of exchange services emerging in the market, choosing a platform can pose a serious challenge when you’re a beginner. Getting into various crypto communities means looking for a reliable exchange site, allowing you to securely trade cryptocurrencies like Bitcoin and Ethereum.
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