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Rating Index

Pros

Established local player with a solid reputation since 2014.

Low trading fees, with a maximum of 0.1%, making it competitive in the market.

High level of security, including two-factor authentication and cold storage for user funds.

Cons

Limited to trading only against the South Korean won, restricting international users.

No demo accounts or educational resources available for beginners, which may hinder new traders.

Negative user reviews regarding customer service and withdrawal processes, raising concerns about reliability.

coinone broker Accounts

Coinone Account Type

Coinone offers a standard trading account with the following features:

Leverage: 1:4
Trading Fee: 0.10%
Deposit Fee: None

Coinone is a major South Korean cryptocurrency exchange that has been operational since 2014. It provides services for trading various cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP), among others. The platform is known for its competitive fees and high level of security, which includes multi-signature wallets and two-factor authentication.

Coinone Broker Account Opening Process

To open an account on Coinone, follow these steps:

Visit the Website: Go to Coinone's official website and click on “Sign Up”.
Agree to Terms: Read and agree to the terms of service and privacy policy, then click “Next”.
Fill in Information: Complete the required information fields and click “Complete”.
Email Verification: Check your email for a verification code. Enter the code to verify your email address.
Mobile Verification: If you wish to withdraw funds, you will need to complete mobile phone verification. Note that only South Korean phone numbers are supported for this process.
Link a Bank Account: You must have a Korean bank account to deposit fiat currency. If you don't have one, you will need to open an account with a Korean bank, such as Nonghyup.

Once these steps are completed, you can log into your Coinone account and start trading.