Coincheck Adds Ethereum and Ripple On Its OTC Trading Platform

Coincheck Adds Ethereum and Ripple On Its OTC Trading PlatformCoincheck Adds Ethereum and Ripple On Its OTC Trading Platform
By Trevin Casinader - April 16, 2019

ETH XRP

Japanese cryptocurrency exchange Coincheck has added support for Ethereum (ETH) and Ripple (XRP) on its recently launched over-the-counter (OTC) trading platform. Currently, Ethereum (ETH) and Ripple (XRP) are the second and third largest cryptocurrencies by market capitalization respectively.

The OTC service was launched earlier this month with Bitcoin (BTC) support. It allows large investors to quickly trade large amounts of virtual currency at once and at “attractive prices.”Coincheck said that OTC trading is conducted on Coincheck service (WEB), adding that trading using the Coincheck app and API is not supported at the moment.