Coinone Exchange Review 2021   

Shivaraj Betageri

Other 3 years ago
Coinone Exchange Review 2021 - All You Need to Know About Best Korean Crypto Exchange.
What is Coinone Exchange?
Coinone Exchange is a South Korean cryptocurrency exchange which is registered in Seoul as Coinone Inc. Coinone was founded by Myunghun Kevin Cha in February 2014. Currently, KRW (South Korean Won) is the only fiat currency that can be stored and exchanged on the cryptocurrency exchange.

Coinone is currently the second-largest cryptocurrency exchange located in South Korea, behind Bithumb alone. According to Coinmarketcap, it has an average 24 hour trading volume of $220 million with over 600,000 registered users.

Coinone Fees, Limits and Supported Payment Methods:
Coinone Deposit and Withdrawal Fees:
Coinone charges no deposit fees but has a withdrawal fee of 0.0015 BTC per 1 BTC withdrawal. This is high when compared to that of other exchanges. It has a withdrawal fee of 0.01 ETH per 1 Ethereum and 0.0005 BCH per 1 BitcoinCash. Withdrawal fees vary with choice of coins, Click here to know more.

Coinone Trading Fees:
The Coinone exchange has a flat trading fee of 0.10% for both makers and takers in any trade transaction. This is slightly lower than the global industry average of 0.25% in comparison.
Click here for detailed analysis of trading fees.

There is currently a withdrawal limit on accounts of 100 million KRW and a transactional limit of 20 million KRW.