Coincheck logo

Coincheck

exchange
Operational

Japanese exchange that suffered the largest crypto hack at its time — $530M NEM stolen in 2018.

Platform Information

Founded

2012

Headquarters

Tokyo, Japan

Two-Factor Authentication

An extra login step that protects your account even if your password is stolen.

Yes

Custodial

The platform holds your crypto on your behalf — you don't control the private keys.

Yes

KYC Required

Know Your Customer — you must verify your identity before trading or withdrawing.

Yes

Proof of Reserves

The platform publicly proves it holds enough assets to cover all customer funds.

Unknown

Insurance

Customer funds are covered by insurance in the event of a hack or platform failure.

No

About Coincheck

Coincheck is a major Japanese crypto exchange. In January 2018 it suffered the largest crypto exchange hack at the time — attackers stole approximately $530M worth of NEM tokens from its hot wallet. The exchange was subsequently acquired by Monex Group and has implemented significant security upgrades. Now holds a FSA licence.

Security & Score

38

Platform Safety Score

38/100Poor

Based on incident history, security features, and track record

No detailed security information available for Coincheck.

Regulatory Information

Notes

Licensed by Japan's Financial Services Agency (FSA). Acquired by Monex Group in 2018 following the hack.

Incident History

No incidents recorded for this platform.

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