Copy link
Increase text size
Decrease text size
Link copied

Crypto exchange Coincheck launches over-the-counter trading platform

Image via Kryptomoney

Tue, 02 Apr 2019, 03:47 am UTC

Japanese cryptocurrency exchange Coincheck has launched an over-the-counter (OTC) platform for large-scale investors.

In an online post, Coincheck said that the OTC service will allow large investors to quickly trade large amounts of virtual currency at once and at “attractive prices.”


Currently, the service only supports bitcoin with plans to add support for more cryptocurrencies in the future.

The platform will operate on weekdays from 10:00 to 15:00 (Japan time), conducted on Coincheck service (WEB), according to the announcement. In addition, trading using the Coincheck app and API is not supported at the moment.

In the past couple of months, a number of Asian cryptocurrency exchanges including OKEx, Bithumb, and Binance, have launched OTC trading platforms. More recently, HBUS, the U.S.-based operator of Huobi cryptocurrency exchange, said that it is considering launching OTC trading for institutional investors.

Coincheck suffered a major $530 million hack last January and was subsequently acquired by Japanese online brokerage firm Monex Group. Earlier this year, it received the license to continue its operations as a cryptocurrency exchange.

G
M
T
Y
Text-to-speech function is limited to 200 characters

<Copyright © TokenPost. All Rights Reserved. >

To leave a comment, please sign in.
More
  • Bitcoin (BTC) $6,740.50 (+7.71%)
  • Ethereum (ETH) $139.30 (+5.90%)
  • XRP (XRP) $0.224600 (+0.84%)
  • Bitcoin Cash (BCH) $228.98 (+5.32%)
  • Bitcoin SV (BSV) $172.06 (+6.26%)
  • Bitcoin (BTC) $6,740.50 (+7.71%)
Feb 21, 2020 (Friday)
12:01
Paxos launches blockchain-based securities settlement solution with Credit Suisse and Instinet
12:00
Brazil to launch new payment system in response to cryptocurrencies
11:59
Digital currency exchange Coinbase Pro lists Kyber Network token
11:57
Norwegian Air to soon start accepting crypto payments
10:21
Swedish central bank begins CBDC pilot with Accenture
09:51
Italian soccer team Juventus launches ethereum-based digital collectibles with Sorare
Feb 20, 2020 (Thursday)
14:16
Telecom companies complete cross-carrier mobile payments using blockchain
11:53
National Stock Exchange of Australia to develop DLT-based digital securities trading platform
11:00
South Korean ICO project discontinued, to return $7.5M to token holders
10:36
Samsung maintains crypto support in soon-to-launch Galaxy S20
09:41
BIS appoints Innovation Hub heads to lead Singapore and Switzerland
09:15
Coinbase becomes first crypto company to receive Visa principal membership
08:59
Dubai Economy and six banks launch KYC Blockchain Consortium
08:26
Crypto Technicals: ETH/USD under downside pressure after 'Bearish Engulfing' pattern
07:12
Tim Draper buys $1M worth of Aragon Tokens to create digital courts for DAOs
06:13
Renewable energy firm Acciona commits to take CBI’s blockchain-based carbon credits trading platform global
05:02
Crypto Technicals: BTC/USD trades below 21-EMA, break below 4H 200 MA (9386) to trigger further downside
04:56
Crypto exchange Coinfloor to launch a simplified bitcoin buying service
04:35
Indonesia’s customs department joins IBM- Maersk blockchain shipping platform “TradeLens”
Feb 19, 2020 (Wednesday)
12:46
Crypto custodian BitGo acquires digital securities startup Harbor
Subscribe to the TokenPost newsletter!
Don't show me this again today.
Back to top
Copyright ⓒ TokenPost. All Rights Reserved.
PUBLISHsoft