Coincheck Adds Ethereum And XRP To Its OTC Platform
Japanese crypto exchange Coincheck has added the first two altcoins to the recently launched OTC marketplace, Cointelegraph Japan writes this Monday.At the beginning of the month, Coincheck-OTC began providing services for OTC trading in bitcoin, and has now extended the new service to Ethereum and XRP - the second and third largest cryptocurrencies by capitalization. It allows the company's clients to conclude transactions for large amounts outside the main order book of the exchange..
According to today's announcement, Coincheck is also considering further expanding the list of supported digital assets on its OTC platform, but does not provide any details regarding potential candidates..
Coincheck was hacked in January 2018 and continues to restructure its business after being bought by brokerage Monex Group in April of that year. In January, Japan's Financial Services Agency renewed Coincheck's license to serve local traders.
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