Japan’s Coincheck Bitcoin OTC Trading Desk for institutional investors goes live

Coincheck’s large scale customers will have the ability to buy and sell large volumes of Bitcoin.
The trading will take place via a web interface that is hosted by Coincheck.

John Isige FXStreet

Coincheck, a Japanese crypto exchange company has launched over-the-counter (OTC) desk for Bitcoin. A report by Cointelegraph Japan indicates that the OTC trading desk has been launched to serve institutional clients.

The customers will have the ability to buy and sell large volumes of Bitcoin. The limit has been set from 50 BTC. The trading will take place via a web interface that is hosted by Coincheck. However, the report says that opening is limited between Monday and Friday from 10:00 – 15:00 (JST). Notably, Coincheck app or API trading are not eligible for use.

A blog post published for the purpose of the launch by Coincheck says that the service has been introduced to help large scale customers to buy and sell BTC quickly and smoothly. In addition, the exchange is considering adding the same service for other digital assets in the future.

Coincheck suffered one of the most devastating hacks in the crypto industry in January 2018 where $532 million disappeared. The exchange was later acquired by Japanese broker Monex Group. The company has undergone both shareholder and management overhaul in a bid to champion a recovery.

Get 24/7 Crypto updates in our social media channels: Give us a follow at @FXSCrypto and our FXStreet Crypto Trading Telegram channel

Author

John Isige

FXStreet

John Isige is a seasoned cryptocurrency journalist and markets analyst committed to delivering high-quality, actionable insights tailored to traders, investors, and crypto enthusiasts. He enjoys deep dives into emerging Web3 tren

Ripple tests recovery strength amid steady ETF inflows, growing retail interest

Ripple (XRP) continues to demonstrate notable resilience as the cryptocurrency market navigates the persistent war in the Middle East after the United States (US) and Israel attacked Iran on Saturday.

Bitcoin extends gains as ETF inflows persist despite broadening US-Iran war

Bitcoin hovers around $73,000 on Thursday, driven by the US Stock market recovery, boosting risk-on sentiment. Data shows analysts are mostly bullish on Bitcoin, citing renewed demand from institutional investors, on-chain holders, and the derivatives market.

Crypto Today: Bitcoin, Ethereum, XRP hold weekly gains despite US-Iran war

The cryptocurrency market is gaining strength on Thursday, building on Wednesday's upswing, which saw Bitcoin reach a weekly high above $74,000. Ethereum and Ripple are moderating their recent gains amid uncertainty stemming from the escalating war in the Middle East.

Pi Network eyes breakout rally as broader market recovers

Pi Network (PI) price extends gains above $0.1900 at press time on Thursday, following a 7% increase the previous day. The upcoming token unlock of more than 20 million PI tokens on Saturday looms over the short-term recovery.

Bitcoin Price Annual Forecast: BTC holds long-term bullish structure heading into 2026

Bitcoin (BTC) is wrapping up 2025 as one of its most eventful years, defined by unprecedented institutional participation, major regulatory developments, and extreme price volatility.

Bitcoin: Another month of losses, and it’s been five

Bitcoin (BTC) price is stabilizing around $68,000 at the time of writing on Friday, but the Crypto King is poised to close February on a fragile footing, marking its fifth consecutive month of losses since October and a rare start to the year with back-to-back monthly corrections.