Tokyo-based crypto exchange Coincheck has revealed today, on the 26th of November, that it has resumed trading pairs for Ripple (XRP) and Factom (FCT) cryptocurrencies.
In an official statement published on its site, the embattled cryptocurrency exchange announced that starting from today, deposits and sales of the mentioned digital coins would be reinstated along with a few supplementary services.
Coincheck plans to launch other services such as affiliate services and leveraged transactions in the future. Of late, the exchange has been gradually restoring its services.
Coincheck now supports nine cryptocurrencies
The restoration of trading services for Ripple (XRP) and FCT brings the total number of virtual currencies supported on the trading platform to nine. A few days ago, the platform restored trading services for Bitcoin, Ethereum, Bitcoin Cash, Ethereum Classic, NEM, Lisk, and Litecoin. This means the platform has now listed all digital currencies it previously offered prior to getting hacked.
The announcement also made it known that due to a huge traffic on their website, customers may find it hard to access the platform. Also, the company warned that the restoration of XRP and FCT trading pairs could be suspended any time should the company discover new problems.
It is worth remembering that Coincheck suffered a major hack a few months ago. The hack, according to many analysts, sent the price of Bitcoin (BTC) falling by over 10% in hours. According to many mainstream news outlets including Reuters and the Guardian, the hack was the largest cryptocurrency thefts of its kind. Cybercriminals siphoned away over $500 million worth of cryptocurrencies from the exchange. The amount surpassed the $480 million worth of digital tokens stolen from MtGox.
In April, a Japan-based financial services company Monex confirmed in a press release that it had acquired Coincheck. The brokerage firm allegedly purchased the exchange for an eye-watering $33 million.