![]() The exchange, however, made promises to refund the losses of their affected users. The attackers hacked into the exchange’s hot wallet and made off with $530 million in XEM coins.Īfter the hack took place, all trading operations were temporarily halted. In spite of its security measures, the Coincheck exchange was a victim of a major hack on 26th January 2018, being one of the biggest crypto incidents of this nature. The users claimed they have experienced rather slow and sometimes unresponsive customer support. There have been several negative reports regarding the exchange’s customer service goes. In addition to this, they also employ complex encryption of their data, secure servers, and their records are regularly backed up on a regular basis. The platform also implements a 2-factor authentication system which requires verification via a phone number upon login, therefore increasing account security. Other simple functions such as price checking, charts, and deposit options are included. These mobile applications enable users to manage their crypto assets held in the e-wallet and to perform transactions via the use of the spot trading interface. Mobile apps: The platform has developed apps for IOS and Android users. This debit card is financially backed by Visa, and users can make Bitcoin deposits through the use of their smartphone app, through which they can also send funds to merchants that accept Visa. In addition to this, various solutions/services are also available for traders and businesses which are just starting out in the crypto sector.Ĭo-branded debit card: Coincheck users also have the advantage of receiving a co-branded debit card to its clients. Multiple applications: One of Coincheck’s major selling points is its diverse number of applications which can be used by both advanced investors and novice traders alike. Leveraged trading: By using the TradeView platform, Coincheck provides leverage trading, getting its feeds from top cryptocurrency exchanges, which include: Poloniex, Bitfinex, Bitstamp, OKCoin, Coinbase, and Huobi. The Coincheck platform offers the following features: The platform supports the following currencies and cryptocurrencies: JPY, Bitcoin, Ethereum Classic, Bitcoin, Zcash, Augur, Ethereum, Ripple Coin, Factom, Monero, and Lisk. The platform also features the necessary tools for any trading activities. The English language is supported on both platforms. It features an order book and a chat window. The spot trading interface’s design is simple, making it easy to comprehend by users of all levels of experience. The exchange also holds JBA (Japan Blockchain Association) membership, and together with the Japanese Government, all three entities are trying to help promote and develop the Japanese Bitcoin community. Its services are limited to the user’s geographical location, with Japan residents being able to exchange Ethereum, Bitcoin, and fiat currencies, and international users are able to perform Bitcoin transactions and to use their wallet service. The company’s founders are Yusuke Otsuka and Koichiro Wada. ![]()
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |