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Forex Broker Rating

Coincheck

Coincheck

Information about the broker Coincheck

Rating: 1
Jurisdiction: Japan
Regulators: JFSA
Foundation date: 2012
Site: https://coincheck.com

Brief information Coincheck

The Coincheck online service is a Japanese cryptocurrency platform operated by Coincheck, Inc., which was founded on August 28, 2012. The company’s headquarters are located at: Shibuya Sakura Stage, SHIBUYA Side, 27th Floor, 1-4 Sakuragaoka-cho, Shibuya-ku, Tokyo, Japan. corporate.coincheck.com

The website lists the crypto-asset exchange registration number 00014, the Type I financial instruments business license number 3540, and the electronic payment instruments business license number 00002, all issued by the Kanto Regional Financial Bureau. 

In addition, the Coincheck platform also identifies itself as a member of the JVCEA. 

Customer support is provided through an online help center and contact forms.

Coincheck

Cryptocurrency selection on Coincheck

The platform published asset list includes:

  • Bitcoin;

  • Ethereum;

  • NOT A HOTEL COIN;

  • XRP;

  • Solana;

  • Zipangcoin;

  • Stellar Lumens;

  • Shiba Inu;

  • Dogecoin;

  • Bitcoin Cash;

  • Lisk;

  • Pepe;

  • Litecoin;

  • IOST;

  • Tron and many other.

Availability differs between services. The platform identifies BTC, ETH and XRP as assets supported for both spot and cryptocurrency derivatives transactions.

You can also trade on the platform from any device using a web browser.

Services and fees of Coincheck

Services offered on the crypto exchange include 

  • direct buying and selling of cryptocurrencies, 

  • trading via the order book, 

  • recurring purchases, 

  • lending, 

  • staking, 

  • over-the-counter (OTC) transactions, 

  • participation in IEOs,

  • and an NFT marketplace. 

The platform is accessible via a web browser and a mobile app. The minimum purchase amount on the trading platform is 500 yen.

The exchange’s fees depend on the asset. The published rates for makers and takers are 0% for BTC, ETH, and several other currencies. For ETC, IOST, FNCT, BRIL, and FPL, the rates are 0.05% for makers and 0.10% for takers.

The spot market does not charge a separate transaction fee, but its quotes include a fee, which typically ranges from 0.1% to 5%. For some assets, the fee range is set at 1.7–7%; under exceptional market conditions, the fee may be higher.

Coincheck

Creating a personal account and verification on coincheck.com

Users register with an email address and password, then complete the account application and identity verification through the Coincheck app. Individual applicants must be aged 18–74 and reside in Japan; applications from overseas residents are not accepted.

Deposits and withdrawals with Coincheck

Available funding methods include:

  • Japanese yen bank transfers;

  • convenience store payments;

  • Quick Deposit;

  • supported cryptocurrency transfers.

Coincheck does not charge a platform fee for standard bank transfer deposits or cryptocurrency deposits, although bank fees may apply. Convenience store and Quick Deposit fees start at 770 JPY.

JPY withdrawals cost JPY 407. Cryptocurrency transfer fees vary by asset and network conditions; transfers between Coincheck users are free.

Conclusion about Coincheck

The platform publishes its operator’s identity, Japanese registrations and detailed fee schedules. Its residency requirements limit access, while trading costs vary significantly between the exchange and direct marketplace. Applicants should check eligibility, asset availability and the charges for their intended transaction before opening an account, and also check clients' reviews of Coincheck.

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Trader Reviews

My Coincheck account was blocked after I logged in from abroad while traveling. After returning home, I spent more than half a year trying to regain access, but customer support kept sending me boilerplate responses and constantly demanded new photos of my face, claiming that the previous ones were blurry. Because of the lockout, I missed the opportunity to sell my assets and lost millions of yen. I haven’t encountered anything like this on other exchanges.

  • 4 hours ago

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