Description
Coincheck operates a cryptocurrency exchange where users can buy and sell digital assets for as little as 500 JPY, 24/7, and instantly transfer or deposit cryptocurrencies to any address worldwide. It also provides a browser-based Exchange for professional-quality trading with no transaction fees on Bitcoin, as well as block trades at favorable rates for large transactions during applicable weekday hours. The company emphasizes security through cold wallet storage of customer assets, two-factor authentication, and system security audits conducted with multiple international information security firms. Beyond its core exchange, Coincheck offers additional products including Periodic Purchases (automated monthly crypto buying), Coincheck Lending (lending spare cryptocurrencies to grow assets), Coincheck Denki and Coincheck Gas (paying utility bills with Bitcoin for cash back), and Coincheck Surveys (earning crypto by answering surveys). Its typical clients are retail cryptocurrency investors and consumers in Japan.