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Coinone

Coinone

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About Coinone

Brief Introduction

Founded in 2014, Coinone has become one of the leading cryptocurrency exchanges in South Korea. Having established itself as a reliable platform for cryptocurrency transactions, Coinone stands as a prominent platform in the country's market. Thanks to its cautious approach to listing new tokens and its sophisticated security system, this platform has become one of the safest places to trade cryptocurrencies.

Features and Services

Coinone gives its users access to trading tools, including spot and margin trading. In addition, the exchange has a convenient cryptocurrency wallet. Margin trading on Coinone is possible with up to 4X leverage.

Range of Cryptocurrencies Available

Coinone supports a wide range of cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), Bitcoin Cash (BCH), Ripple (XRP), Litecoin (LTC), Qtum (QTUM), EOS (EOS), and many others.

Mobile Application

For customers who prefer trading on the go, Coinone has developed a mobile app for iOS and Android devices, allowing traders to work from anywhere.

Fees

Coinone charges a standard trading fee of 0.1% on every transaction. Withdrawal fees vary depending on the currency type, ranging from 0.0005 BTC to 0.01 ETH. At the same time, there are no deposit fees, except for bank transfers, that incur a 1,000 KRW fee.

Security

Security is Coinone's priority. It implements two-factor authentication (2FA) to protect user accounts, and most of the funds are stored in cold wallets.

Availability and Restrictions

Coinone is focused primarily on the South Korean market, where the main fiat currency is the South Korean Won (KRW). This fact may create certain restrictions for international users who prefer to work with other fiat currencies.

Conclusion

Coinone provides a convenient and secure cryptocurrency trading platform with convenient features. Given its popularity in South Korea and beyond, Coinone is an excellent choice for traders looking for a reliable and efficient cryptocurrency trading platform.

Myunghun Cha

CEO at Coinone

Key data

data refreshed every 10 minutes$88.33M / 24h
Trading pairs290
Founded2014-02-03T00:00:00.000000Z
Market share0.3%of tracked exchanges volume

Coinone is a centralized cryptocurrency exchange based in South Korea and one of the country's longest-running trading platforms. It focuses primarily on the Korean market, offering a Korean-language interface and local fiat support. Users often search for it by name when checking its listings, fees, or reputation.

Frequently asked questions

What is Coinone?

Coinone is a South Korean cryptocurrency exchange that lets users trade a range of digital assets, with support for the Korean won. It is one of the more established platforms in the Korean market and operates through its official site, coinone.co.kr.

Is Coinone a centralized exchange?

Yes, Coinone is a centralized exchange (CEX). This means the platform manages custody of user funds and handles order matching itself, which is standard for major Korean exchanges. As with any CEX, users should review the platform's security practices and account protections.

When was Coinone founded?

Coinone was founded in 2014, making it one of the earlier cryptocurrency exchanges in South Korea. Its long operating history is often cited as a sign of relative stability in a fast-changing industry.

What should users pay attention to when using Coinone?

The platform is primarily oriented toward the Korean market, so interface language, fiat options, and regulatory requirements may differ from global exchanges. Users should verify KYC requirements, fee schedules, and available deposit methods before trading. It's also wise to check current trading volumes and supported pairs directly on the exchange.

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