COINCHECK APP ANDROID

A prepaid Visa debit card that can be loaded with Bitcoin automatically converted into fiat currency for transactions, is another added service Coincheck offers.Īs might be expected of a Japanese technology-driven company, one of Coincheck’s core strengths is the technology behind its exchange. The company even, slightly off-track from its core services, offers electricity provision with bills paid in Bitcoin in partnership with some of the major power utilities in Japan. Users can lend their cryptocurrency funds to Coincheck with interest rates of up to 5% paid on deposits. A further service is a ‘lending’ system that operates much like a traditional bank savings account. In addition to its exchange, Coincheck also provides merchants with a payments system that means they are able to accept cryptocurrency payments that are then automatically converted into ¥. Capital reserves are listed as ¥ 92 million. It’s also a member of the Japan Virtual Currency Business Operator Association and General Association of FinTech. The exchange has a license to operate as a digital currencies exchange in Japan and is audited by the Japan Blockchain Association. While nominally a Japanese exchange Coincheck is available internationally. Both founders are current directors with Wada acting as CEO and Otsuka COO. The company behind Coincheck was established in 2012 by Keisuke Wada and Yusuke Otsuka and the exchange itself began operating in 2014.

COINCHECK APP ANDROID

More users also make use of Coincheck’s Android and iOS apps than those of any other Asian exchange. Coincheck is one of Asia’s biggest cryptocurrency exchanges and processed the highest volumes of Bitcoin trading in Japan over the course of 2017.

Coincheck app