Coincheck adds Ether trading

Investing | March 16, 2016 By:

Coincheck announced it has enabled Ether trading on its platform. In addition to bitcoin, users will now be able to buy, sell and manage Ether in their Coincheck wallet.

“Bitcoin was all about money. We hope Ethereum will be everything other than money (e.g. real estate). Therefore, it’s natural for us to support Ether . . . eventually, we will add FOREX like features to Ether trading as well,” said Coincheck co-founder Yusuke Otsuka.

The news comes at time when the cryptocurrency ecosystem is optimistic about Ethereum. It has shown tremendous growth in just a few months and its market cap hit $1 billion mark recently.

Coincheck is a Japan-based bitcoin exchange.