Bringing Blockchain into the World,A world permeated with a new way of connecting At Coinone Cryptocurrency , they believe in the future of infinite potential brought by connection and transfer of value enabled by blockchain. At Coinone, we prioritize transparency and honesty. They build a financial environment where each and every individual can rust each other.
Coinone always takes the lead in making changes and challenges. They will develop into the evangelist of future finance b innovating all areas of finance. As a pioneer of the blockchain ecosystem, Coinone leads the blockchain industry with in-depth analysis performed by the most decorated experts.
What Is Coinone Cryptocurrency
Registered as Coinone Cryptocurrency Inc. in South Korea, one of the worlds largest hubs for cryptocurrency trading, Coinone allows users to buy and sell cryptocurrency. Led by CEO Myunghun Cha and overseen by a team of experts in the area, the exchange was launched in 2014 with the aim of creating a South Korean cryptocurrency that was more user-friendly than other platforms that existed at the time.
When it was first launched, Coinone only offered trading in Bitcoin. Since then it has expanded the number of cryptocurrencies that it supports, though it is still quite limited. This is not an issue, however, as the platform is more focused on offering practical and convenient features rather than offering a wide variety of cryptocurrencies.
|Exchange Name||Coinone Cryptocurrency|
How To Sign Up & Start Trading
You Sign Up For A User Account By Providing Basic Information.
On Every Exchange You Will Get Option For Sign Up Or Create Account . Just Fill Some Basic Details Like Name , Email , Password , Security Question Etc For Registration . It Is First Step To Start Trading On Any Exchange
You Then Receive An E-mail In Your Mailbox To Activate Your Account.
Before You Can Login, You Must Active Your Account With The Code Sent To Your Email Address.Then You Will See A Message That Your Financial Account Is Activated And Ready To Go. This Means That You Can Log In And Start Trading In Cryptocurrency.
For Successful Verification You Will Need Identity Documents. For Example, You Can Use A Driver’s License Or Passport, Where The Name Is Duplicated In Latin Letters.Confirmation Of Identity On Exchange Is An Optional Step. The Procedure Must Be Completed Only If You Want To Remove The Restrictions Of Btc On Deposit Or Withdrawal Of Funds Per Day.
Coinone Cryptocurrency Hosting Details
- Datacenter: Cloudflare, Inc.
- Server IP: 22.214.171.124
- Location: United States of America
- City: Newark
- Domain Who Is: Click Here
- Nameservers: elsa.ns.cloudflare.com, sean.ns.cloudflare.com
Enable 2-Factor Authentication (2FA)
When you log certain the primary time, a pop-up will show up and ask you to enable the 2FA, which can help in increasing your account security. If you’re new 2FA, you’ll got to download the Google Authenticator app then scan the QR (or enter the key key) so as to urge a 1-minute changing code.
After completing these three steps, you’re through with fixing your account.
Coinone Trading fees
The fees at Coinone are what Coinone Cryptocurrency call flat fees, meaning that makers and takers are charged the same fee. Coinone’s fees are 0.20% for both takers and makers. This is in line with the industry average, which has historically been around 0.25%. Today, however, we see more and more exchanges moving towards even lower trading fees such as 0.10%. So in comparison with this, 0.20% is maybe even a bit above the industry average.
However, for any coins listed later than 21 March 2019, Coinone offers trading fees of 0.03%. This is extremely competitive for any users interested in trading the more recently listed coins!
Coinone Withdrawal fees
Many exchanges have competitive trading fees but then hit you on the way out with their withdrawal fees. Coinone – on the other hand – charges a withdrawal fee which is a bit above average, but probably won’t scare you away. The global industry average BTC-withdrawal fee is 0.000812 BTC per BTC-withdrawal. Coinone charges 0.0015 BTC per BTC-withdrawal. Sure, this is almost 100% more than average but the difference in USD against the industry average BTC-withdrawal fee is per the day of last updating this review (25 March 2020) only 5.28 USD.
Maker : A user who makes a sell/buy of asking price unit window by placing an order that does not close immediately
For example, if you place a purchase order for 7,472,000 KRW lower than 10,000 KRW at the current BTC price of 7,482,000 KRW, this is called the Making order and this user is referred to as the Maker
Taker : A user who immediately closes the remaining sell/buy of asking price unit window to others order and takes the other person’s order
For example, when the first ask price 9,208,000 KRW and 1 BTC exists on the remainder of the sell order, ‘Taking order’ can settle this order immediately. This user is called a ‘Taker’
Market Maker(MM) Program
Coinone operates the Market Making (MM) program for customers who provide liquidity to promote a stable market.
What is the Market Maker?
Market makers have a role in supplying continuous liquidity to market quotation windows by creating orders for stable price formation and smooth trading of cryptocurrency exchanged on exchanges.
As a corporate member of Coinone, a certain amount of maker trading is required over a month.
- Trading fee benefits up to Maker 0% and Taker 0.01%
- Closing fee exchange benefits (only if the Maker trading volume is over a certain level per month)
- Multi-account, 1: 1cs, IP whitelisting, etc. for smooth trading
How to apply
You can contact us for more details or applying at [email protected]. (Title: MM Program Application Description: Corporate name, Coinone join or not, Coinone registration email address, Monthly average estimated trading volume, Main trading pair)
Coinone is developing a variety of blockchain related businesses with one of the largest cryptocurrency trading platforms in the world, Coinone Exchange, at the core. Coinone Node is a service that returns the reward revenue transparently and fairly for the node operation of delegated cryptocurrency from customers.
Cryptocurrency exchange platform that anyone can trust
launched in October 2014, Coinone Exchange is a platform for trading cryptocurrencies such as Bitcoin and Ethereum. Coinone provides convenient and stable trading services while prioritizing the safety of customer assets.
Professional research of blockchain technology
Coinone is a trend leader in the market with its selective listing of cryptocurrencies and operates a professional blockchain research team. They provide cryptocurrency reports and monitoring reports for investors.
Easy and convenient transaction
Coinone provides a trading platform with superior UI/UX that includes a trademark market monitoring chart that has been popular among market watchers. The platform is also equipped with a stock MTS-level security solution which allows for safe and quick trading. Also, with our mobile application, trading is possible anytime and anywhere.
Coinone puts security as the top priority. We are the first Korean cryptocurrency exchange to obtain a cyber-liability insurance contract, employee professional consultants to regularly monitor various structural security levels, and deploy a 24-hour security control service to perform real-time risk monitoring.
Coinone’s mobile app makes it convenient for users to trade at any time with its transaction and price notification services. They maintain top-class security even in the mobile environment by deploying various authentication methods such as USIM, biometric, and non-face-to-face verification.
Coinone Cryptocurrency has a flat trading fee of 0.10%, which is significantly lower than the global industry average of 0.25%. This renders the exchange more attractive to the average user compared to exchanges with higher fees, allowing for better liquidity. Coinone offers a withdrawal fee of 0.0015 BTC, which is almost twice the global industry average of 0.0008. This might be a disadvantage for some users, however when combined with the competitively low trading fees, the exchange could still be considered appealing for investors.