Coinone is one of the growing Korean cryptocurrency exchanges. Coinone was established in 2014, and since then the reputation of the exchange is growing gradually. Coinone provides a secure trading platform as it has incorporated many security measures like multi-signature wallets, two-factor authentication and cold storage of the funds. The cost of the trading is very competitive with 0.10% of the maximum fees which even goes lower for the high trade volumes. The exchange accepts fiat currency deposits via bank transfers. One drawback of the Coinone platform is that only Korean bank accounts can be registered with this exchange. It does not charge any fee on deposits no matter what the mode of payment is. Coinone supports many digital currencies like Bitcoin (BTC), Bitcoin Cash (BCH), Ethereum (ETH), Ethereum Classic (ETC), Ripple (XRP), QTUM and Litecoin (LTC). Though for some traders this can be enough but the exchange is not suitable for the traders who are looking for more altcoins to trade. The exchange also supports margin trading with the leverage ratio of 1:4. The trading platform of the exchange looks very nice and easy to use. Coinone has about nine levels of account tiers which is a lot. Coinone is great for the traders who reside in South Korea, but for the outsiders, the trading can be very difficult.
Back to top button