Japan’s Coincheck launches automated bitcoin (BTC) savings service

Japan's Coincheck launches automated bitcoin saving service

Coincheck, the Japanese bitcoin and cryptocurrency exchange company, has announced the launch of “Coincheck Accumulation.” The service enables customers to automatically add funds into their accounts to purchase cryptocurrency assets.

This new savings feature is currently only available for bitcoin (BTC) and allows customers to regularly accumulate a pre-designated amount of funds in cryptocurrency every month.

It requires no customer intervention and automatically deducts funds in Japanese yen from a customers’ bank account to credit their Coincheck accounts. Once the transfer is made, the service automatically purchases bitcoin for the customer.

Limits for the new service allows customers to add from 10,000 yen to 100,000 yen per month.

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