Coincheck currently supports 19 types of virtual currencies for trading:
- Bitcoin (BTC)
- Ripple (XRP)
- Ethereum (ETH)
- Ethereum Classic (ETC)
- Lisk (LSK)
- NEM (XEM)
- Litecoin (LTC)
- Bitcoin Cash (BCH)
- Monacoin (MONA)
- Stellar Lumens (XLM)
- Quantum (QTUM)
- Basic Attention Token (BAT)
- IOST (IOST)
- Enjin Coin (ENJ)
- OMG Network (OMG)
- Pallete Token (PLT)
- The Sandbox (SAND)
- Polkadot (DOT)
- Finance Token (FNCT)
Among these, the following cryptocurrencies are tradable on Coincheck’s exchange platform:
- Bitcoin (BTC)
- Ethereum (ETH)
- Lisk (LSK)
- Monacoin (MONA)
- OMG Network (OMG)
- Pallete Token (PLT)
- Finance Token (FNCT)
Liquidity on Coincheck’s Exchange
While Bitcoin (BTC) maintains high liquidity, other cryptocurrencies may experience lower trading activity.
👉 Discover how liquidity impacts your trades
For traders focusing on altcoins, exploring alternative exchanges with deeper liquidity for specific coins is advisable.
Comparison with Other Japanese Exchanges
Here’s how Coincheck stacks up against competitors in terms of supported cryptocurrencies:
| Exchange | Number of Supported Cryptos |
|--------------------|----------------------------------|
| GMO Coin | 23 |
| DMM Bitcoin | 25 |
| bitFlyer | 19 |
| Zaif | 15 |
| bitbank | 21 |
| Liquid | 5 |
👉 Compare fees and features across exchanges
Key Tip: Always verify tradable pairs on an exchange’s platform—not just the number of listed cryptos—before opening an account.
FAQ
Q: Can I trade all 19 cryptos on Coincheck’s exchange?
A: No—only 7 cryptos (e.g., BTC, ETH) are available for exchange trading. The rest must be bought/sold via Coincheck’s brokerage service.
Q: Is Coincheck suitable for altcoin trading?
A: Due to limited liquidity for altcoins, active traders may prefer platforms like bitbank or DMM Bitcoin for broader options.
Q: How does Coincheck’s liquidity compare globally?
A: While adequate for beginners, international exchanges like Binance or OKX offer higher liquidity for niche altcoins.
Final Notes:
- Prioritize exchange availability over brokerage listings.
- Use limit orders for better pricing in low-liquidity markets.
- Diversify across platforms to access exclusive coin listings.