Headquarters Tokyo, Japan | Website Official website | |
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Founded Tokyo, Japan (August 2014 (2014-08)) Area served Japan and some countries Founder(s) Koichiro Wada
Yusuke Otsuka Products Bitcoin exchange and wallet service | ||
Coincheck is a bitcoin wallet and exchange service headquartered in Tokyo, Japan, founded by Koichiro Wada and Yusuke Otsuka. It operates exchanges between bitcoin/ether and fiat currencies in Japan, and bitcoin transactions and storage in some countries worldwide.
Contents
History
Coincheck started in August 2014 and is operated by ResuPress, inc (founded in 2012). As of Augest 2016, the exchange had over $160 million transactions/month. At this time there were more than 2,200 merchants using their bitcoin payment solution just in Japan. Also, Coincheck is a member of JBA(Japan Blockchain Association) and is actively helping to build the Japanese Bitcoin community’s usage standards with the government.
In March 2016, the entertainment company DMM.com with user-base of more than 19 million decided to use Coincheck's bitcoin payment processing solution. Coincheck also partnered with SEKAI to support Chinese, Hong Kong, and Taiwan investors to buy Japanese real estate with bitcoin. The company also supports buying/selling of ether, DAO, LISK, and Ethereum Classic.
Products
Coincheck has four core products: an exchange for trading bitcoin/ether and fiat currency, a wallet for bitcoin storage and transactions, an API for developers and merchants to build applications and accept bitcoin payments, and donation-based bitcoin crowdfunding. The company offers buy/sell trading functionality in a majority of countries while the wallet is available worldwide.
The exchange can be funded through a bank transfer, wire or credit cards. Coincheck trades on the exchange have a maker/taker price model in which traders pay either a 0.15% fee (taker) or -0.05% (maker) to execute trades.