Yes, checkpoints/waypoints are supported on COROS watches including APEX, APEX Pro, APEX 2, APEX 2 Pro, VERTIX, and VERTIX 2. Unfortunately, COROS PACE/PACE 2 doesn't support navigation features. For more details, please visit the blog below.
How to use checkpoint features
How to create a route with checkpoints in GPX format for your COROS watch
COROS may add more navigation features via firmware updates to supported models in the future.