what's coinone?
Coinone is a leading centralized cryptocurrency exchange based in South Korea, established in 2014. It provides a platform for users to buy, sell, and trade a wide range of digital assets, primarily supporting the Korean Won (KRW) as its fiat currency. The exchange emphasizes security, compliance with local regulations, and user-friendly features, including mobile apps for iOS and Android. Coinone has expanded its services to include cross-border remittances via blockchain partnerships, such as with Ripple, and maintains a focus on listing established and emerging tokens to serve the vibrant Korean crypto market. As one of South Korea's top exchanges by trading volume, Coinone operates with a flat fee structure for spot trading and supports deposits and withdrawals in KRW without additional charges. It has implemented robust security measures, including cold storage for assets and regular audits, to protect user funds. The platform also engages in community initiatives, such as token listing announcements and educational content, fostering adoption in the region. Coinone's integration with blockchain technologies positions it as a key player in facilitating seamless crypto transactions for retail and institutional users alike.
Coinone is under upgraded AI surveillance by South Korea's FSS VISTA for illicit trading detection.
Is subject to upgraded AI-powered surveillance through South Korea's Financial Supervisory Service VISTA platform for real-time detection of wash trading, spoofing, and pump-and-dump schemes as of early February 2026.
Chairman Cha Myung-hoon considers selling part of his 53.44% stake, with Com2uS holding 38.42%, due to proposed South Korea Digital Asset Basic Act Phase 2 ownership cap requiring 5-58% holdings sale.
Coinbase is scheduled to visit Korea during the week of January 26, 2026 to discuss potential equity investment and cooperation with Coinone.
BGB (Bitget Token) lists on Coinone exchange with a 4-day trading competition offering 35,000 USD in BGB rewards.
Korea's Financial Intelligence Unit expects to impose institutional and personal penalties on Coinone following similar action against Dunamu/Upbit which was fined 35.2 billion KRW ($24.35 million), with measures expected to be completed by the first half of next year.
$YGG token is now listed on Coinone exchange with deposits live and trading for YGG/KRW pair beginning October 29, 2025 at 12:00 PM KST (11:00 AM SGT).
$SOON token listed on Coinone in October 2025, completing its listing across all four major Korean exchanges including Upbit, Bithumb, and GOPAX.
Doodles ($DOOD) token is now listed on Coinone, completing coverage across all top 3 Korean exchanges including Upbit and Bithumb.
SYND token becomes available for trading on Coinone exchange in Korea.
Coinone, the 3rd largest exchange in Korea, listed USDe, marking the first USDe listing on a Korean exchange.
A ZKJ trading contest is live on the exchange from Sep 11-14, 2025, offering 200,000 ZKJ in total rewards with prizes for top 100 participants.