Is Coincheck exchange a formal exchange? What is the ranking of Coincheck exchange?

Coincheck is a legal cryptocurrency exchange registered with the Japan Financial Services Agency (FSA) and ranks 14th in terms of global trading volume. It adheres to anti-money laundering and KYC requirements and has implemented multiple layers of security measures. Coincheck is known for its high liquidity, wide range of trading pairs, user-friendliness, and 24/7 customer support.

Is Coincheck exchange legal?

Coincheck is a legal cryptocurrency exchange in Japan, registered with the Financial Services Agency (FSA).

Ranking of Coincheck Exchange

According to data from CoinMarketCap, as of February 2023, Coincheck ranked 14th among global cryptocurrency exchanges, with a daily trading volume of approximately $2.4 billion.

Detailed Description

Legality

• Coincheck was founded in 2014 and registered as a cryptocurrency exchange with the FSA in 2017.
• FSA is Japan’s financial industry regulator, which imposes strict regulations on cryptocurrency exchanges.
• Coincheck complies with all FSA regulations, including anti-money laundering and Know Your Customer (KYC) requirements.

Ranking

• Coincheck is one of the largest cryptocurrency exchanges in Japan and also has a considerable share of the Asian market.
• According to CoinMarketCap, Coincheck ranks in the top 15 globally in terms of trading volume.
• Coincheck is known for its high liquidity and wide range of cryptocurrency trading pairs.

In addition, Coincheck also has the following features:

• Security Measures: Uses multiple layers of security measures to protect user funds and data.
• User Friendly: Provides an easy-to-use platform suitable for both beginners and experienced traders.
• Customer Support: 24/7 customer support available to resolve user queries and concerns.

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