One of the well-known crypto-currency exchange firms in Japan is Coincheck. It has started Over-The-Counter which means OTC. It is a trading desk for the crypto coins like bitcoin etc. the crypto-currency exchange us going to come as the finest result. It is only to attract large scale institutional investors or traders to the digital world.

This OTC desk of trading is going to allow its clients to trade in a large number of bitcoins through the direct form. The lowest amount which can be traded is 50 bitcoins. It is equal to the 207,000 dollars. The clients can also trade to each other by using the web interface of the crypto exchange, Coincheck. the exchange had suffered a loss of $530 million hacks in January 2018, losing more than 500 million NEM tokens from its only digital wallets.

Coincheck has also declared that the office working hours will be from 10:00 to 15:00. The use of Coincheck app trading is not eligible or even API trading is not eligible. It also expressed the new service is going to allow swift trading. It will The reason for the question is, many of the hacking attacks are gone in the month of January 2018, when the exchange was robbed almost 532 million dollars in bitcoins. consider adding support for the altcoins and trading in large quantities of bitcoins in the future.

The new move of Coincheck is one of the most influencing ones in entire Japan. It is far from being the exchange which has started offering the OTC services. The largest crypto exchange in the US is Coinbase. It also has launched its own OTC service to some of the institutional investors. Coinbase has already started on November 2018. It already made some processes in becoming a total regulated broker-dealer.

The coincheck new move will be given great importance to the crypto world. And it also remains questionable that the exchange will be able to attract the investors and clients. The reason for the question is, many of the hacking attacks are gone in the month of January 2018, when the exchange was robbed almost 532 million dollars in bitcoins. The use of Coincheck app trading is not eligible or even API trading is not eligible. It also expressed the new service is going to allow swift trading. It will The reason for the question is, many of the hacking attacks are gone in the month of January 2018, when the exchange was robbed almost 532 million dollars in bitcoins. consider adding support for the altcoins and trading in large quantities of bitcoins in the future.

Then the exchange was obtained by the Monex Group. It is a well- known broker in Japan. It took many steps to resolve some of the issues regarding security and also to improve the trading systems.

Coincheck resumed trading system in mid- November. It also connected Japan Network Security Association in hoping of replacing its fame of the organization. Finally, the exchange received a license regarding operating system from Japan’s regulators that is the FSA in December 2018.