Traders Union has analyzed financial markets for over 14 years, evaluating brokers based on 250+ transparent criteria, including security, regulation, and trading conditions. Our expert team of over 50 professionals regularly updates a Watch List of 500+ brokers to provide users with data-driven insights. While our research is based on objective data, we recommend that users perform independent due diligence and consult official regulatory sources before making any financial decisions.
Learn more about our methodology and editorial policies.
Pros & Cons
- convenient trading terminal (web version and application);
- all the most popular cryptocurrencies;
- exchanger, cryptocurrency and OTC trading;
- profitable cryptocurrency lending program;
- high level of platform security;
- no trading commission;
- a large amount of training and explanatory materials.
- only Japanese yen among the fiats;
- communication with the technical support service exclusively through the ticket system.
Coincheck is a platform for exchanging and trading cryptocurrency that allows getting passive income through crypto-crediting of project partners. Bitcoin, Litecoin, Ethereum, BitcoinCash and other cryptocurrencies are traded on Coincheck. The Japanese yen is represented here as a fiat currency. The company has its proprietary trading terminal which is called Coincheck Trade View, represented by a web version and a mobile application. Data and funds protection is ensured by two-factor authentication and an original encryption system. Cryptocurrencies are stored using the cold method. There is the option to pay utility bills with cryptocurrency from a free account provided by the platform for traders from Japan. Training programs and active communities are offered for novice traders.
TU Expert Verdict
Coincheck demonstrates moderate stability and can suit certain traders. Its conditions are acceptable, and feedback is mixed but reasonable. In my own tests, it performed adequately, though it lacks the consistency of higher-rated companies.
Top-5 Crypto Exchanges Traders Prefer
Coincheck User Reviews
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5-star
42%
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4-star
26%
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3-star
21%
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2-star
0%
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1-star
11%
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Coincheck Commissions and Fees
Score:This category evaluates trading costs and the transparency of deposit and withdrawal charges according to the Methodology. It covers spot and futures trading fees, P2P exchange costs, deposit/withdrawal fees, and tiered fee structures. The assessment ensures that fees are competitive and clearly disclosed, avoiding hidden or excessive costs. Each factor is scored based on defined criteria, contributing to the overall rating.8.3 /10Coincheck has earned a rating of 8.3/10 for its trading fees. This makes it a highly attractive choice for active traders seeking to reduce costs, as Coincheck is a platform with minimal crypto trading costs.
- Spot fee below industry average
- No deposit fee
- No P2P fee
- Withdrawal fee may be applied
What are Coincheck trading fees?
We analyzed Coincheck’s crypto fees and compared them to the top two competitors, both of which hold high average positions in our rankings. To establish a comprehensive benchmark, we also calculated the average fee score based on an evaluation of over 100 cryptocurrency exchanges.
Coincheck trading fees vs competitors
Coincheck Nexus Trade CoinMetro Industry average Based on the evaluation of over 100 leading crypto exchanges Spot, maker fee (%) Maker fees are charged when liquidity is added to the order book. This occurs by placing a limit order below the current market price for buy orders, or above the market price for sell orders. 0 0.22 0.1 0.15 Spot, taker fee (%) Taker fees are charged when liquidity is removed from the order book. This typically happens when a trade is executed at the market price. 0.1 0.22 0.2 0.194 What are Coincheck deposit and withdrawal fees?
Deposit fee, % Important! Even if an exchange does not charge fees for deposits and withdrawals, there can also be fees from the payment system or cryptocurrency network used by the user. For example, the network fee for USDT TRC20 is typically around $1. 0 Withdrawal fee, % 0.001 BTC 0.01 ETH Does Coincheck offer P2P trading?
Yes, Coincheck offers a P2P trading platform. We have provided the fees for these transactions and compared them with competitors.Coincheck P2P Fees Coincheck MaiCoin MAX BTSE P2P maker fee (%) 0 0,1 0,01 P2P taker fee (%) 0 0,15 0,05 -
Regulation and Safety
Score:Our evaluation encompasses several key factors, including government regulation, two-factor authentication (2FA), cold wallet storage of client assets, investor protection funds, KYC protocol adherence, year of foundation, and history of security breaches. Read more in our Methodology6 /10With a 6/10 score, Coincheck demonstrates a moderate level of security and regulation. While the platform meets basic safety standards, it may not offer the same level of protection as higher-rated exchanges.
- Government-regulated
- Cold wallet storage
- 2FA
- No facial recognition
- Not tier-1 regulated
We also compared Coincheck against the top two competitors with the highest scores in our overall ranking based on the most critical security indicators.
Coincheck Security Factors Coincheck Coinbase Kraken Tier-1 regulation NoYesYesGovernment-regulated YesYesYesInvestor protection fund Provides compensation to users in case of financial loss due to unforeseen circumstances on the platform. NoYesNo2FA YesYesYesFacial recognition NoNoNoCold wallet storage The majority of user funds are held offline, reducing vulnerability to online attacks. YesYesYesSuccessful hacker attacks We review publicly available information on past security breaches to assess the exchange's security track record. YesYesNoIs Coincheck a regulated crypto exchange? Regulation is crucial for the security and legitimacy of a cryptocurrency exchange. We assess the exchange’s regulatory status and its impact on platform reliability.
Coincheck is regulated by a government authority, ensuring compliance with national and international standards. However, it does not hold Tier-1 regulation (e.g., in the U.S., UK, Germany, Spain, France, Australia, Singapore, or other jurisdictions with strict financial oversight). While this regulation provides an added layer of security and legitimacy, it may not offer the highest level of investor protection found in top-tier regulatory environments.
Coincheck is authorized or licensed in accordance with local regulations in the following regions: Japanese.
Is verification (KYC) mandatory at Coincheck?
Yes, KYC verification is mandatory at Coincheck. You will need to complete the verification process before you can open an account and access the platform's full range of services.
Is Coincheck available in the USA?
Coincheck is not available in the USA due to regulatory restrictions. In some cases, access might differ by state, so we recommend confirming details with the platform’s support or checking the official website for the latest updates.
You may also consider the top 3 exchanges that are available in the USA and rank highly based on our methodology: Coinbase, Kraken, OKX .
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Deposit and Withdrawal
Score:We evaluated the deposit and withdrawal experience, considering several key factors such as the range of available methods, transaction processing speed, minimum deposit requirements, and associated fees. Read more in our Methodology.10 /10Coincheck received a 10/10 rating for its deposit and withdrawal services. Coincheck supports a wide range of payment methods with low or no fees, ensuring fast and convenient transactions.
- No deposit fees
- PayPal payments
- Many cryptocurrencies for deposits and withdrawals
- P2P for flexible transfers
- Withdrawal fee applies
Deposit and withdrawal options
Coincheck supports the following deposit and withdrawal options: Bank transfers, Bank card, Crypto, PayPal, Advcash Wallet, Google Pay, Apple Pay.
Coincheck Deposit and withdrawal options vs competitors
Coincheck Coinbase Kraken Bank transfers YesYesYesBank card YesYesYesCrypto YesYesYesPayPal YesYesYesWhat is Coincheck minimum deposit?
The minimum deposit at Coincheck is 10 USD/USDT or 1 BTC. The minimum trade size is 1 USD/USDT, which also serves as the minimum amount required to start trading on the platform.
Coincheck minimum deposit vs competitors
Coincheck Coinbase Kraken Minimum deposit, USD or USDT 10 10 10 Minimum deposit, BTC 1 1 1 Minimum trade amount, USD/USDT 1 2 1 Does Coincheck support fiat money?
Coincheck supports fiat currency trading and account funding. The following fiat currencies are accepted: USD.
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Supported Coins & Markets
Score:Evaluates the range of available cryptocurrencies, fiat currencies, and markets, as well as investment tools like staking, farming, and other yield options. Read more in the Methodology section.2.5 /10Coincheck received a score of 2.5/10 in this category, indicating a modest offering of assets and markets. While Coincheck covers essential trading functions, the number of supported coins, fiat currencies, and investment tools may be insufficient for users seeking more comprehensive options.
- NFTs available
- Fiat currencies supported
- Staking available
- Crypto options not available
- Crypto futures not available
Coincheck supported coins and markets vs competitors
We compared Coincheck with leading exchanges in terms of supported coins, NFT access, and derivatives like futures and options to help users assess the platform’s product range and trading flexibility.
Coincheck Coinbase Kraken Supported coins 400+ 400+ Futures/Perpetual contracts NoYesYesOptions NoNoNoNFTs YesYesYesTokenized Assets Digital tokens representing real-world assets, such as stocks, bonds, commodities, or real estate. NoYesYesTradFi Perps Perpetual futures contracts linked to traditional financial assets, such as stocks, indices, or commodities. NoYesYesPrediction Markets Markets where users trade contracts based on the outcomes of future events. NoNoNoOther Assets NoPre-IPO Forex, IPO Coincheck passive income options vs competitors
We also compared Coincheck with top competitors in terms of passive income opportunities such as staking, farming, and copy trading, to help users evaluate the platform’s earning potential beyond regular trading.
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Trading Apps & Tools
Score:This section evaluates the quality and variety of trading platforms offered by the broker. It considers supported platforms, core features, device compatibility, and the availability of tools for automation, analysis, and different trading styles. Learn more in our Methodology.7.2 /10Coincheck received a score of 7.2/10 for offering a solid set of tools. The apps are intuitive and reliable, though certain advanced features remain limited or could benefit from further development.
- Positive user feedback on the iOS app
- App data protection with 2FA
- Advanced charting with TradingView support
- Mobile indicators allowed
- Android App score below 4 points
- No Face ID
- No access to Copy Trading
Trading apps
Coincheck provides web and mobile apps for both Android and iOS users, with an average rating of 4.3 on the App Store and 3.4 on Google Play. Our review focused on core features important to traders, particularly trading functionality and security tools, to evaluate how convenient and safe the Coincheck platform is for mobile use.
Coincheck Coinbase Kraken 2FA YesYesYesFace ID NoNoNoMob Indicators YesYesYesAlerts YesYesYesAdvanced Orders These are specialized trading features that give users more precise control over how trades are executed. Examples include Stop-Limit, Trailing Stop, and OCO (One Cancels the Other). These tools may only be available on the web version of the platform. NoYesYesTrading with bots NoNoNoAPI YesYesYesExtra trading platforms These refer to third-party platforms supported by the crypto exchange in addition to its own proprietary system. NoNoNoDoes Coincheck offer a desktop app?
No, Coincheck does not currently offer a desktop app. However, users can access the platform via its web version, which provides more comprehensive functionality compared to the mobile apps.
Does Coincheck offer advanced charting with TradingView integration?
Yes, Coincheck offers advanced charting through direct integration with TradingView. Users can access TradingView’s full suite of indicators, drawing tools, and multi-timeframe analysis directly on the platform.
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Customer Support
Score:We evaluated Customer Support at Coincheck based on the availability of live chat, email, phone support, ticket systems, help center resources, 24/7 assistance, multilingual support, and response time. Our assessment focuses on support accessibility and responsiveness. Learn the assessment criteria5.7 /10Coincheck offers a moderate level of customer support, covering basic communication channels and assistance options.
In TU testing, the exchange showed mixed results in support accessibility and responsiveness. Certain limitations in contact options, availability, or support resources may make it less convenient for users requiring immediate assistance.
- Comprehensive help center available
- 24/7 customer support available
- Support ticket system available
- Live chat support unavailable
- Limited language support
Coincheck Support Channels vs Competitors
Coincheck Coinbase Kraken Live Chat NoYesYesEmail Support YesNoNoPhone Support YesNoNoTicket System YesYesYes24/7 Support YesYesYesHelp Center / FAQ YesYesYesMultilingual Support NoYesYesContacts Foundation date 2014 Registration address Tokyo, Japan Official site https://coincheck.com/
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FAQs
How safe is Coincheck as a cryptocurrency exchange?
Coincheck has a safety score of 6/10, reflecting a moderate level of security and regulation. The exchange is government-regulated and uses measures such as cold wallet storage and two-factor authentication, but it is not Tier-1 regulated, is not U.S. regulated, and has experienced successful hacker attacks in the past.
What deposit and withdrawal methods are available at Coincheck?
Coincheck supports deposits and withdrawals via bank transfers, bank cards, cryptocurrencies, PayPal, Advcash Wallet, Google Pay, and Apple Pay. The exchange has a 10/10 score for its deposit and withdrawal services, offers no deposit fees, but applies a withdrawal fee.
What do user reviews say about Coincheck?
Coincheck has a user satisfaction score of 7.8/10 based on 19 reviews, with 42% of users giving it 5 stars and 26% giving it 4 stars. According to user reviews, overall feedback is mostly positive, although there are also some lower ratings, including 11% of reviews at 1 star.
What markets and assets can you trade on Coincheck?
Coincheck has a markets and tradable assets score of 2.5/10, indicating a relatively modest range of supported coins, fiat currencies, and tools. The exchange supports NFTs, fiat currencies, and staking, but does not offer futures, perpetual contracts, options, tokenized assets, yield farming, copy trading, TradFi perpetuals, or prediction markets.
What customer support options does Coincheck provide?
Coincheck has a customer support score of 5.7/10 and offers assistance via email, phone, and a ticket system, supported by a help center/FAQ. Support is available 24/7, but there is no live chat and no multilingual support, which may limit convenience for some users.
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