What is Coinone?
Coinone is a cryptocurrency exchange based in South Korea that has been in operation since 2014. It offers a wide range of cryptocurrency trading and exchange services. The site's main feature is its emphasis on Korean citizens. Residents of other nations, on the other hand, are not subject to any restrictions. The problem may only emerge during registration, as a phone number registered in Korea is required to authenticate the information.
The exchange is steadily growing as new assets and functions are added on a regular basis. The custom trading terminal, which was designed based on the Coinone Core matrix, is praised by traders for its ease of use. It's comparable to TradingView, however, it has fewer features and more connected services. Because the mobile app is based on the web version, so the functionality is the same.
Coinone website's exchange feature is their most advanced feature for advanced traders. Unlike the Swap, which just provides the most basic information, the exchange provides additional information such as a trading chart, an order book, the numerous coins and markets available on the exchange, price and volume changes over a 24-hour period, and more.
There's also a chat option for verified members, as well as a buying and selling part. The Korean and English versions of the website are also available. The switch between the two is simple.
The exchange supports all major cryptocurrencies. Only the Korean won is represented among the fiat currencies, which may be a barrier for certain dealers. The site, on the other hand, offers objectively cheap fees that start at 0.1 percent at the base trading level. Beginners will like the fact that the site does not require a minimum deposit.
However, there are no instructions or demo accounts, which can be considered a negative.
Expert testing determined that the site was stable, with no technological faults. We also found no indication of fraud or failure by the exchange to fulfill its responsibilities to users. The site is innovative and convenient for active traders and investors.
