There are also various reports that hint at the fact that the customer service is not exactly the best in the industry. When it comes to downsides, the biggest is by far the fact that it only allows traders to trade against the Japanese Yen.
Other advantages include the fact that it allows deposits in both fiat and crypto, spot and leveraged trading, deposit via credit and debit cards and it also provides basic wallet features. Even though the exchange is highly focused on the Asian market, international traders can rest assured that Coincheck also accepts deposits in USD.Ĭoincheck has the support of the Japanese government and that should go a long way for most crypto traders looking for a well-established crypto exchange. In addition, Coincheck also provides its traders with the option of paying through a platform called Payeasy. Users can deposit funds either through bank transfers, by using credit and debit cards, as well as directly from some of the government-approved stores in Japan. Regarding methods of payment, Coincheck can be deemed a versatile and very accessible exchange, as it provides options both in cryptocurrencies and fiat currencies. Supported CryptocurrenciesĬurrently, the Coincheck does not support many cryptocurrencies, but it does support some of the most popular such as Bitcoin, Ethereum, Ethereum Classic, Bitcoin Cash, Zcash, Augur, Ripple, Factom, Monero, and Lisk.
COINCHECK REVIEW ANDROID
There’s also an interface for spot trading which has support for English and is so intuitive that it can be used even by the most novice of traders.Ĭoincheck also provides its users with the possibility of accessing the service on the go via their mobile phones through its official Android and iOS apps which combine e-wallet, spot trading, and money transfer capabilities. For starters, it offers leveraged trading through another platform called TradeView. The trading platform is not all about looks, as it also offers a lot of trading options for its users. One of the main advantages of Coincheck is the fact that its trading platform’s interface is modern and very user-friendly. As far as Coincheck is concerned, it has enough features to recommend it as a viable solution for anyone looking to trade cryptos for Japanese Yen. There are a lot of aspects that need to be taken into account if a cryptocurrency exchange service wants to stay atop of the competition. It provides its users with the possibility of exchanging Ethereum and Bitcoin for the Japanese Yen and vice versa. Coincheck if one of the few exchanges of this type to be supported by the Japanese government.įunded by Yusuke Otsuka and Koichiro Wada, Coincheck is Kwon for being a relatively stable, advantageous peer-to-peer trading platform and also provides wallet services. Coincheck is a very popular cryptocurrency exchange based in Tokyo, Japan.
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