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 ResuPress charges a commission of 1% on bitcoins bought, withdrawn, or remitted through the platform.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:
- Sign-up can be completed in as little as one hour
- Available 24 hours a day
- 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