Coincheck is a Japanese cryptocurrency exchange that offers trading in popular cryptocurrency pairs such as Bitcoin, Ethereum and more. It also features a professional grade charting platform and block trades for better rates. Coincheck's security features include storage of customer assets in cold wallets, working with information security firms and two-factor authentication for users. However, on Jan. 26, 2018, $530 million worth of NEM (XEM) tokens were stolen in a hack of the exchange due to Coincheck being short staffed and suffering technical difficulties, resulting in poor security practices. The stolen XEM tokens were stored in a hot wallet, which is connected to the internet, instead of an offline cold wallet, which is standard industry practice. All affected Coincheck users were subsequently compensated.
Coincheck is a crypto exchange established in 2014 in Japan. There are 1 coins and 1 trading pairs available on the exchange Coincheck
1 Coins - 1 Pairs
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