Building a quick insight into the Coincheck

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Coincheck inc. (previously ResuPress, inc), Coincheck commenced its work in August 2014. The company was discovered by Koichiro Wada and Yusuke Otsuka.

The introduction of digital assets brought a revolution in trade and investment. Crypto assets draw the attention of all people toward themselves and with this, the investors went insane to become a participant in this unique and trending trade process.

But is it possible without an intermediary or other trading tools?

The answer is obviously “NO”, and because of this several exchanges were introduced that let the investors experience a seamless trade. Among all the crypto exchanges one such exchange is the Coincheck. 

So, in this read, we will get a brief of this amazing Japanese crypto exchange and its working.

A quick check at its birth

Operated by Coincheck inc. (previously ResuPress, inc), Coincheck commenced its work in August 2014. The company was discovered by Koichiro Wada and Yusuke Otsuka. In addition to this, it is owned by Monex and is headquartered in Tokyo, Japan. It became a member of the Japan Blockchain Association (JBA) which is actively working for building a Japanese Bitcoin community engage in improving the usage standards with government cooperation.

The company is offering several products to add pace to the trading and investment process of the investors. The offerings comprise the Bitcoin exchange and wallet. It is partnered with SEKAI to hold on to Chinese, Hong Kong, and Taiwan investors to encourage them in buying Japanese real estate with Bitcoin.

What is Coincheck?

Coincheck is one of the most pioneering crypto exchanges in the Japan region. The exchange secures a large user base from Japan itself however the exchange offers its services all over the globe. It is majorly based on traffic, trading volume, legitimacy, and liquidity of the transactions. 

The most traded cryptocurrency on this platform is Bitcoin but investors can also trade in Ethereum and other crypto coins and tokens. The exchange also holds a professional version of a trading platform known as “Coincheck Tradeview”.

The working of the exchanges is also similar to the other crypto exchanges i.e. by simply completing the registration steps and verification process. Once the account is created successfully, you can then easily initiate your crypto trade journey.

Final Verdict

Coincheck is ranked safe in terms that it is licensed and regulated by Japanese Regulatory Authorities. The platform shares trading similarities with other crypto trading platforms. Investors looking to embark on crypto trade can undoubtedly go with this amazing platform.