

Margin trading isn’t allowed on the platform since 2020, and the staking service is still in beta testing.Ĭoincheck does have an interesting Payment Program that allows customers to pay their electricity and gas bills with Bitcoin. There is also an OTC desk and a lending service on the platform. Coincheck Review: Main FeaturesĬoincheck offers a spot market with high liquidity and Tradingview-powered charts, but it doesn’t have a lot of other features. Crypto Coins Available on CoincheckĬoincheck offers around 17 cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Litecoin (LTC), and Bitcoin Cash (BCH).Īs you can guess, the platform only offers major-cap cryptocurrencies, so it’s not a good place for altcoin traders or those who want to expand their portfolios by purchasing lesser-known coins. You can check out withdrawal fees for all supported coins on the Coincheck website. For example, Bitcoin withdrawals cost 0.0005 BTC, and Ethereum withdrawals cost 0.005 ETH.

Virtual currency deposits are free, but withdrawals can be expensive. The trading platform doesn’t charge a fee for bank transfers, but customers still have to pay associated fees to their banks for the service.Ĭonvenience store payments and quick deposits cost between 770 JP and 1,018 JPY, depending on the amount you deposit. As such, it isn’t the most profitable platform to buy and trade crypto assets. The spreads vary depending on the market conditions but can be anywhere between 0.1% and 5%. The exchange platform is only available to residents of JapanĬoincheck crypto exchange advertises zero trading fees, but that’s not exactly the case.Ĭoincheck doesn’t have a regular fee schedule or maker/taker fees like most other cryptocurrency exchanges, but the platform charges a spread for each transaction.The only fiat currency on the platform is the Japanese Yen.Educational resources are available on the platform.Coincheck Payment Program allows you to pay your bills with BTC.How Does It Compare to Other Crypto Exchange Alternatives?.How Easy Is It to Open a Coincheck Account?.
