What is Coinone?
Coinone is a South Korean cryptocurrency exchange that provides a platform for trading a variety of digital assets. It is known for its user-friendly interface and robust security measures.
Who is the Founder?
Coinone was founded by Moo-hyun Kwon and a team of professionals with expertise in finance and technology.
When Did It Start Operations?
Coinone began operations in 2014.
Where Is It Based?
Coinone is headquartered in Seoul, South Korea.
In Which Countries Is It Banned?
Coinone primarily operates in South Korea and may have restrictions in other countries, particularly:
- United States: Coinone does not operate in the U.S. due to regulatory challenges.
- Other Countries: Various jurisdictions may impose regulations that limit access to Coinone’s services.
What Is the Trading Fee?
Coinone’s trading fees generally range from 0.1% to 0.2%, depending on the specific trading pairs and user trading volume.
Is Margin Trading Available?
Yes, Coinone offers margin trading, allowing users to trade with leverage. This feature enables traders to borrow funds to increase their positions, which can amplify potential returns but also increases risks.
