Coincheck Review

Coincheck Logo

Established since 2014, Coincheck provides traders with its in-house-developed trading platform for the exchange of multiple cryptocurrencies, including Bitcoin, Ethereum, Ethereum Classic, Litecoin, Bitcoin Classic, and many more. The cryptocurrency exchange is based in Japan and has an OTC trading and lending feature, which allows traders to earn interest by lending to the Exchange. Traders are provided with a range of useful trading and learning tools, while a client support team is on hand to assist at every step. The least deposit required to open an account is ¥500.

Coincheck Review Introduction

In this Coincheck review, we will take a look at some of the most important factors worth considering when choosing a broker for your online trading needs. This includes trading platforms, trading tools, research and education, account funding options, customer support, and broker regulation.

You may also wish to view my best brokers based on countless hours that I have spent researching and testing hundreds of brokers, all of which you can see in my broker reviews. You can also use my free trading tool to compare brokers including Coincheck.

Coincheck Platforms & Tools

Coincheck Review Trading Platform
Coincheck Review Trading Platform

The Exchange provides traders with the Coincheck trading platform, which is a proprietary trading platform that is built with an intuitive interface to suit traders of all levels. It is available as a mobile app that can be downloaded from the Android or iOS app stores and used to place trades and check trading positions anytime and from anywhere in the world where there is an internet connection. The Exchange also offers cryptocurrency wallet hosting services to clients while providing a range of other useful trading tools that aid smooth trading. Such tools include Tradeview charts and APIs.

Coincheck Review Tradeview Charts
Coincheck Review Tradeview Charts

Coincheck Research & Education

There is a vast array of educational materials on the Exchange’s website, which can help to improve clients’ trading skills and knowledge whilst keeping them in the know on the factors that move the financial markets. They include blogs, press releases, articles, guidelines, and an FAQ section that is in place to offer quick answers to the most common questions that traders may have.

Coincheck Trading Accounts

Traders are provided with a choice of two trading accounts to suit their individual trading objectives. The accounts are the Individual Account and the Corporate Account. The least deposit required to operate an account is ¥500.

Coincheck Account Funding

Coincheck accepts the following payment methods for both account deposits and withdrawals: bank wire transfer, credit/debit cards, and bitcoin. Some payment methods may not be available in specific countries, while the transaction processing time may vary depending on the payment method used.

Coincheck Customer Service

Traders are provided with a knowledgeable client support team that can be reached through  Live Chat and social media.

Coincheck Regulation

Coincheck ensures the security of clients’ funds by implementing two-factor authentication and storing clients’ funds in secured cold wallets. However, there is no regulatory information on the Exchange’s website at the moment, which could pose a red flag to some potential traders and investors.

Coincheck Review Summary

Coincheck is an online cryptocurrency exchange that has been operating since 2014 in Japan, providing traders with an intuitive mobile app that allows them to trade several digital currencies from the convenience of their mobile devices. Traders benefit from a range of useful trading tools, educational resources, and a professional client support team. The least deposit required to open a live trading account is ¥500. However, there is no regulatory information on the Exchange’s website at the moment, which may discourage some traders and investors from opening an account with them

It is worth mentioning that some of the trading products and services in this Coincheck review may differ or not be available to traders in some countries due to regulations. As brokers’ terms can change over time, please verify all information is up to date directly from the Coincheck broker website which you can visit by using the link below.

The risk of loss in the exchange of crypto assets can be substantial, and therefore you should understand the possibility of losses associated with the exchange of crypto assets and must assume responsibility for all the risks associated with such exchanges and for their results.

Coincheck

5.6

Spreads

7.0/10

Liquidity

7.0/10

Commissions

7.0/10

Support

7.0/10

Regulation

0.0/10

Features

  • An intuitive mobile trading platform
  • Some useful trading tools
  • A selection of educational resources
  • Multiple cryptocurrencies