Coincheck launches leveraged crypto asset trading service
Monex Group, Inc today announced that Coincheck, Inc has launched a leveraged crypto asset trading service.
“Coincheck Leverage” is a new service that enables leveraged trading of crypto assets (CFD) within the Coincheck app. No separate app download is required, and its defining feature is the ability to switch between spot trading and leveraged trading with a single tap, directly from the trading screen of the Coincheck app customers already use.
With this service, users can adopt new investment methods such as leveraged trading and short (sell) positions in addition to spot trading, broadening the range of investment strategies available to them as market conditions change.
This service (Coincheck Leverage) is provided under the Company’s registration as a Type I Financial Instruments Business Operator pursuant to the Financial Instruments and Exchange Act (Director-General of the Kanto Local Finance Bureau (Financial Instruments Business) No. 3540).
Shuhei Sawamura, Expert Director / Head of Product and Deputy Head of the Development & AI Division, Coincheck, Inc, commented:
“For many years, we have offered spot trading of crypto assets through our brokerage and exchange services. As the number of customers holding crypto assets has grown, we decided to launch a leveraged trading service, so that we can serve not only those seeking returns from holding over the long term, but also those looking to earn yield on their holdings or to trade over shorter horizons.
Coincheck Leverage is available inside the same Coincheck app our customers already use every day. We hope they will use it as a tool for engaging with both the upside and the downside of the market, with their own financial circumstances in mind.”
