{"id":13599,"date":"2019-04-16T00:00:00","date_gmt":"2019-04-16T00:00:00","guid":{"rendered":"https:\/\/crypto-economy.com\/2019\/04\/16\/coincheck-expands-otc-offering-with-latest-addition-of-ethereum-and-ripple-coins\/"},"modified":"2019-04-16T00:00:00","modified_gmt":"2019-04-16T00:00:00","slug":"coincheck-expands-otc-offering-with-latest-addition-of-ethereum-and-ripple-coins","status":"publish","type":"post","link":"https:\/\/crypto-economy.com\/coincheck-expands-otc-offering-with-latest-addition-of-ethereum-and-ripple-coins\/","title":{"rendered":"Coincheck Expands OTC Offering with Latest Addition of Ethereum and Ripple Coins"},"content":{"rendered":"
One of Japan\u2019s leading cryptocurrency exchanges Coincheck<\/strong> is expanding its offering towards its institutional customers. Coincheck announced on Monday that it has enabled support for both Ethereum and Ripple\u2019s XRP cryptocurrencies on its recently launched<\/a><\/strong> Over the Counter (OTC) trading desk. <\/p>\n Ethereum<\/a><\/strong>\u2019s Ether [ETH] and XRP represent the second and third largest cryptocurrencies by market cap according to Coinmarketcap website. Their addition to the platform brings the total assets supported to three after Bitcoin<\/a> <\/strong>was supported by default during the launch of the platform early this month.<\/p>\n Coincheck, which made the announcement on Twitter (Japanese) said the following in literal translation to English:<\/p>\n \u201cETH XRP has been added to the target currency for large OTC transactions! We are pleased to announce that ETH and XRP have been newly added as target currencies at the Large OTC Trading Service, which has started on April 1, 2019.\u201d<\/em><\/p>\n