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About Coinone

What is Coinone?

Coinone is a Korean cryptocurrency exchange registered as Coinone Inc. It is aimed at customers in the Asian region. It offers digital asset trading and covers a wide range of tokens and trading pairs. Coinone's core features include: an easy-to-use user interface, efficient trading tools, and tools that allow for in-depth analysis of tokens; wallets for cryptocurrencies, transactions, and customer deposits/deposits; cryptocurrency deposits and fiat deposits via bank transfer; 24/7 professional support services via email or phone; and a full range of security mechanisms, such as a two-factor authentication scheme, multi-signature, and multi-signature. such as two-factor authentication schemes, multi-signature wallets and identity (ID) verification. The platform offers three types of services to its users: easy, professional and lightning fast. Investors can also earn passive income through pledging. The exchange does not have a referral program, demo accounts or educational starter materials. Coinone is funded by Kakao Ventures and has been on the market for a long time.

Who are the founders of Coinone?

Myunghun Cha is the founder and current CEO of Coinone. cha graduated from Pohang University of Science and Technology with a degree in computer science. He is a well-known white-hat hacker with ten years of experience, having developed Coinone's security system. He has extensive expertise and experience in cybersecurity and has won numerous awards from international hacking competitions such as DEFCON, CTF and Codegate.

When was Coinone created?

The project was created in 2014. However, the platform was not officially launched until 2015.

Where is Coinone located?

Coinone is based in Seoul, South Korea.

Countries that restrict access to Coinone

The exchange and its services/products are primarily aimed at Korean citizens and focused on serving Korean investors. At this time, there is no information regarding restrictions on access to the exchange for residents of other countries.

What coins can Coinone support?

Coinone is a centralized cryptocurrency exchange that allows users to trade over 200 digital assets, including BTC, ETH, XRP, ETC, ADA, SOL, DOGE, DOT, ATOM, and more. The platform supports the Korean Won (KRW). And, KRW is the only fiat currency option supported on the platform.

What are Coinone's fees?

The Korean exchange offers fixed rates. Coinone has a pending order fee and an order taking fee. Typically, the pending order fee is 0-0.1%, and can be lower. At the same time, the order taking fee is 0.02% - 0.1%. In addition, Coinone has a withdrawal fee of 0.0015 BTC and a withdrawal fee of 1000 KRW for withdrawals in fiat currency. There are no fees to deposit.

Can I use leverage or margin trading on Coinone?

The platform had removed margin trading services in 2017 after Korean authorities accused it of providing gambling services. Currently, users can use leverage in margin trading and trade with up to 4x leverage.