Japan’s ResuPress launches online bitcoin exchange and payment gateway Coincheck

Japan’s ResuPress launches online bitcoin exchange and payment gateway Coincheck

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Tokyo-based ResuPress, known for its social networking platform Storys.jp, announced today it has launched a bitcoin exchange called Coincheck.

Users can buy, sell, or send bitcoins after depositing money into a bank account designated by the company. ResuPress charges a commission of 1% on bitcoins bought, withdrawn, or remitted through the platform. To prevent fraud or money laundering, users must submit identification to withdraw more than 10,000 yen ($100) per a day.

Coincheck offers three advantages:

  1. Sign-up can be completed in as little as one hour
  2. Available 24 hours a day
  3. Easy-to-use interface

ResuPress will launch a bitcoin payment gateway for e-commerce site integrators in September.

Japan has bitcoin exchanges, wallets, ATMs, and remittance services such as Zaif, Bitflyer, and Bitcheck.

Via TechCrunch Japan