Cointelegraphy Japan announced on 15th of April that Coincheck, a Japanese cryto exchange, has included the first two Altcoins to its newly started crypto trading desk.

The new OTC trading desk started operating this month supporting only BTC and at the moment, in addition, it provides Ripple and Ethereum.

Over-the-counter (OTC) desks provide professional assistance for big scale traders, giving them the opportunity to save on charges and skirt obstacles buying or selling large investments through usual means.

Between significant exchanges all over the globe this feature turned mainstream, Cointelegraphy reported on their ongoing emergence in spite of the digital bear market.

As reported by Coincheck, in the future it will add other coins to this digital asset trading desk.

After the takeover of Coincheck last April by Monex Group, the company has been getting stronger by day.

Monex was successful in obtaining a Japanese regulatory license so that the company continues its job, since correcting problems emerging from the $500 million digital attack during January 2018.

Based on a financial report, in Q3 has already reduced its losses corresponding with the last quarter.

Japan remains a center for digital asset trading industry, with ST Blockchain Fund declaring now that the fund had invested $200 dollars into Bithumb’s parent company.


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