What is Coincheck?
Coincheck is a cryptocurrency exchange based in Japan that allows users to buy, sell, and trade a variety of digital assets. It is known for its user-friendly interface and robust security measures.
Who is the Founder?
Coincheck was founded by Koichiro Wada and Yusuke Otsuka.
When Did It Start Operations?
Coincheck began operations in 2014.
Where Is It Based?
Coincheck is headquartered in Tokyo, Japan.
In Which Countries Is It Banned?
Coincheck primarily operates in Japan and may have limited services in other countries. It does not currently have significant operations or services in the United States or China due to regulatory constraints.
What Is the Trading Fee?
Coincheck’s trading fees typically range from 0.1% to 0.2%, depending on the specific trading pairs and user trading volume. They may also charge a withdrawal fee for certain cryptocurrencies.
Is Margin Trading Available?
Yes, Coincheck offers margin trading, allowing users to trade with leverage. This feature enables traders to borrow funds to increase their positions, which can amplify potential returns but also increases risks.