Company: CNCKW
Filing Date: 2025-08-29
Form Type: POS AM
Source: 0001213900-25-082038
Chunk: 129

Company: Coincheck Group N.V.
Filing Date: 2025-08-29
Form: POS AM
Chunk 129
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 charge

86 customers fees for cryptocurrency deposits into their Coincheck accounts, it does charge for withdrawals or transfers from their accounts to the customers’ private wallets or to their accounts with third -partyexchanges. The prices we display for the cryptocurrencies we support include our bid -askspreads, which are generally updated every 10 seconds, and we also display our withdrawal/transfer fees. While there are no defined limits on the fees we are allowed to charge, under Japanese cabinet orders applicable to crypto asset exchange service providers and the guidelines of the JVCEA we do provide information to customers at the time of account opening about our fees, including explanatory materials regarding our bid -askspreads, as well as fees for withdrawals or transfers, and any other service fees. We also provide this information via our website and smartphone application. The trading operations system behind our platform screens is designed to limit our price -riskexposure regarding our buy and sell transactions with our customers by matching corresponding buy and sell orders to offset open positions. Under Coincheck’s terms of service, a customer’s order is locked -inimmediately upon the customer’s acceptance of the quoted price and cannot be changed or canceled after that point. After we accept a customer’s sale or purchase order for a particular crypto asset, our system will: •first seek to match and offset the user’s buy order with a corresponding sell order of another user, or vice versa, by searching for that availability or liquidity across order positions held by our customers on our platforms (first, within our Marketplace Platform, then our Exchange platform); •if the matching of a buy or sell order is not 100% completed, our system compares our total exposure to the subject cryptocurrency against policy thresholds we have set for such exposure, which as of March31, 2025 range from -¥20 million to ¥40 million for Bitcoin and from ¥1.5 million to ¥20 million for other cryptocurrencies we support; and •if our policy threshold for exposure is exceeded because there was insufficient liquidity on our Exchange platform, execute a hedging or cover transaction with respect to the subject cryptocurrency on another cryptocurrency exchange. Our system technology’s search and matching capabilities are designed to achieve near -simultaneousexecution of both sides of each trade or transaction to substantially eliminate our risk as the buyer and seller for customers’ trades. Exchange Platform Our Exchange platform is targeted at more experienced and institutional users who are interested in trading larger amounts, and also provides additional liquidity to support the fulfillment of customer orders made on our Marketplace platform. Our