Coincheck Review
Key takeaways from our Coincheck review:
- Low Fees & High Liquidity (0% taker/maker fees)
- Robust Security Features
- User-Friendly Interface
- The primary trading pair is the Japanese Yen
Coincheck Pros & Cons
What is Coincheck?
Coincheck is a Japanese cryptocurrency exchange platform that enables users to buy, sell, and store digital assets such as Bitcoin, Ethereum, Ripple, and more. It also provides a secure wallet service and a range of other services.
Coincheck Product & Features
One of Coincheck’s most popular features is its easy-to-use trading platform.
The platform is designed to be simple and intuitive, allowing users to quickly and easily buy and sell digital assets. Coincheck also offers competitive fees, with no fees for deposits or withdrawals.
In addition to trading, Coincheck also offers a range of other services. These include a secure wallet for storing digital assets, a merchant platform for accepting payments in cryptocurrency, and a lending service for earning interest on digital assets.
Finally, Coincheck also offers a range of security features to protect users’ funds. These include two-factor authentication, cold storage of digital assets, and a secure encryption system.
Coincheck Customer Support
Coincheck provides reliable and efficient customer support services to its users. They offer a comprehensive FAQ section, a ticketing system for users to report any issues, and a 24/7 live chat support feature.
Can US Citizens Use Coincheck?
Yes, Coincheck is available to US-investors. Some restricted geographic regions include Cuba, Iran, North Korea, and Syria. Coincheck is available in most other countries around the world.
Coincheck Trading Fees
When it comes to trading fees, Coincheck really shines, charging a flat rate of 0% for both maker and taker orders. This rate applies to all cryptocurrencies on the platform, including Bitcoin, Ethereum, Litecoin, and Ripple.
In addition to trading fees, Coincheck also charges a withdrawal fee for each cryptocurrency. These fees vary from coin to coin, but are generally quite low. For example, the withdrawal fee for Bitcoin is 0.0005 BTC, while the withdrawal fee for Ethereum is 0.01 ETH.
Overall, Coincheck offers some of the lowest trading fees in the industry. This makes it a great option for those looking to buy and sell digital assets without incurring high fees.
Coincheck Alternatives
Consider these top three alternatives if you're looking for an alternative to Coincheck:
- US-based Beginners: Coinbase and eToro make buying and selling easy. eToro has wallet services and copy trading.
- For advanced traders: Try PrimeXBT for margin trading and ByBit for high leverage options.
- For a DEX: Check out Gains Network or Uniswap for decentralized trading.
How to Sign up on Coincheck?
Here are the step by step instructions on how you can sign up on Coincheck.
- Visit Coincheck Exchange
- Click “Create Account” in the top right corner of the page.
- Enter your email address and a password.
- Click “Sign Up”.
- Check your email and click the link to activate your account.
- Log in with your email address and password.
- Complete the verification process
