How to Use Coincheck: A Complete Guide from Account Registration to Deposits and Trading

·

Navigating the world of cryptocurrency can feel overwhelming, especially for beginners. One of Japan’s most popular platforms, Coincheck, offers a user-friendly experience for those looking to get started with digital assets. This comprehensive guide walks you through every step—from account creation and depositing yen, to executing trades and using advanced features—ensuring you can confidently use Coincheck with ease.

Step 1: Creating Your Coincheck Account

Before trading on Coincheck, you’ll need to register and complete identity verification. The process is streamlined through the official Coincheck mobile app, allowing most users to begin trading shortly after submission.

✅ Note: Information is accurate as of 2025. Screenshots may vary slightly over time.

What You’ll Need

To open an account, prepare the following:

Registration Process

  1. Download the App
    Visit the official Coincheck website and download the app for iOS or Android.
  2. Start Registration
    Open the app and tap “Get Started,” then “Next.”
  3. Enter Email & Set Password
    Input your email address, create a secure password, and proceed.
  4. Verify Email
    Check your inbox for a confirmation email from Coincheck. Click the link inside to verify your account.
  5. Accept Terms
    Review and agree to Coincheck’s important notices and service terms.

👉 Discover how easy it is to manage your crypto investments with a trusted global platform.

Step 2: Complete Identity Verification

After setting up your account, you must complete identity verification in stages via the app.

Step 1: Phone Number Verification

Enter your mobile number. A 6-digit verification code will be sent via SMS. Input it into the app to confirm.

Step 2: Personal & Financial Information

Fill in required details including:

Most fields are dropdown selections, making input straightforward.

Double-check all entries before submitting—errors may delay approval.

Step 3: Submit ID Document

Choose your document type (e.g., passport, driver’s license), then follow on-screen instructions to capture clear photos of both sides and a selfie holding the document.

Once submitted, Coincheck will review your documents. Approval typically takes 1–3 business days.

Step 3: Deposit Japanese Yen (JPY)

To buy cryptocurrency, you first need to deposit JPY into your Coincheck wallet.

How to Access Deposit Options

  1. Tap Wallet at the bottom menu.
  2. Select JPY, then tap Deposit.

You have three deposit methods:

Bank Transfer (振込入金)

Ideal for users with a Japanese bank account.

Convenience Store Deposit (コンビニ入金)

Available at major chains like FamilyMart, Lawson, MiniStop, and Seicomart.

  1. Choose your store.
  2. Enter deposit amount.
  3. Generate a barcode.
  4. Pay at the register using cash.

Funds are typically credited instantly.

Quick Deposit (クイック入金)

Uses Pay-easy (PeBank) system for fast, 24/7 deposits.

  1. Enter amount.

  2. Confirm payment details:

    • Payment amount
    • Collection agency number
    • Customer number
    • Confirmation code
    • Deadline
  3. Log in to your online banking and complete the Pay-easy transaction.

Fees are deducted automatically; funds appear in your wallet shortly after.

👉 Maximize your trading potential with real-time data and low fees on a top-tier exchange.

Step 4: Buying and Selling Cryptocurrency

Coincheck supports two trading models: Sales Desk (Selling Agent Model) and Exchange Model.

Sales Desk Trading (Beginner-Friendly)

This method lets you buy or sell crypto instantly at fixed prices set by Coincheck.

How It Works:

  1. Open the app → Tap a cryptocurrency (e.g., Bitcoin).
  2. View real-time price and chart.
  3. Tap Buy or Sell.
  4. Enter amount in JPY.
  5. Confirm transaction.
⚠️ Note: There is a spread (difference between buy/sell prices), so final prices may differ slightly from displayed rates.

Ideal for newcomers who want simplicity and speed.

Exchange Trading (For Advanced Users)

Trade directly with other users using order books (“the board”). Only available via web browser, not the mobile app.

How to Trade:

  1. Log in to Coincheck Web.
  2. Navigate to the exchange section.

  3. View order book:

    • Red = sell orders
    • Green = buy orders
  4. Enter price, quantity, and select Buy/Sell → Click “Place Order.”

For advanced strategies (limit, market, stop-loss orders), use Trade View, accessible from the web dashboard.

Step 5: Withdrawing Funds

You can withdraw both JPY and cryptocurrencies from your Coincheck account.

Withdrawing Japanese Yen

  1. Go to Wallet → JPY → Withdraw.
  2. Select linked bank account.
  3. Enter amount and confirm.
  4. Complete two-factor authentication (2FA).
🔐 Ensure 2FA is enabled before initiating withdrawals for security.

Withdrawing Cryptocurrency

  1. From Wallet, select desired crypto (e.g., BTC).
  2. Tap Send.

  3. Choose a saved recipient address or add a new one:

    • Recipient name
    • Wallet address
    • Service name (dropdown)
    • Recipient type
  4. Enter amount and purpose.
  5. Confirm details carefully → Tap “Confirm and Send.”
❗ Once sent, cryptocurrency cannot be recovered if sent to the wrong address.

Bonus Features on Coincheck

Beyond basic trading, Coincheck offers several value-added services.

Coincheck Tsumitate (Auto-Invest Plan)

Automatically invest fixed amounts in crypto daily or monthly.

Access via: Wallet → Tsumitate

Coincheck NFT Marketplace

Buy, sell, and trade NFTs like digital art, collectibles, and gaming items directly with other users.

Available only through the web platform under the “Coincheck NFT” tab.

IEO (Initial Exchange Offering)

Participate in early-stage crypto projects vetted by Coincheck.

Check current offerings under the IEO section on the website.

Frequently Asked Questions (FAQ)

Q: Is Coincheck safe for beginners?
A: Yes. With strong regulatory compliance in Japan and robust security measures like 2FA and cold storage, Coincheck is considered one of the safer exchanges for new investors.

Q: How long does account verification take?
A: Typically 1–3 business days after submitting documents via the app.

Q: Can I trade altcoins on Coincheck?
A: Yes. While Bitcoin is most prominent, Coincheck supports multiple cryptocurrencies including Ethereum, Ripple, Litecoin, and more.

Q: Are there fees for deposits or withdrawals?
A: JPY deposits are free across all methods. Withdrawal fees vary by cryptocurrency—check the fee schedule in-app before sending.

Q: Do I need to pay taxes on crypto gains in Japan?
A: Yes. Profits from cryptocurrency trading are subject to income tax and may require annual tax filing (determinative assessment).

Q: Can I use Coincheck outside Japan?
A: The platform primarily serves Japanese residents with local bank accounts and phone numbers. International access is limited.

Final Thoughts

Coincheck provides a seamless gateway into cryptocurrency investing for Japanese users. Its intuitive mobile app makes registration, deposits, and basic trading accessible even to complete beginners. Meanwhile, features like auto-investing, NFT trading, and IEOs offer room for growth as you become more experienced.

Remember to always double-check transaction details, enable security features like two-factor authentication, and stay informed about tax obligations related to digital asset gains.

👉 Start your crypto journey today with powerful tools designed for both new and experienced traders.

Core Keywords: Coincheck, how to use Coincheck, crypto trading Japan, buy Bitcoin Japan, Coincheck app guide, Japanese cryptocurrency exchange, Coincheck registration, NFT marketplace Japan