Review on Coinone by Özgün A
Could Coinone, who has made great partnerships, continue to grow?
Coinone Transfer has partnered with RippleNet for Cross, South Korea's first blockchain-powered mobile app, a retail remittance product. This is very positive for users using the Coinone exchange. Because transfers are 90% more advantageous than banks. This situation drew so much attention that after this partnership, more than 50% of the transfers in the market were made through this partnership.
In addition, many other partnerships were signed. CertiK and Xangle companies, which are security companies in the blockchain space, have signed a partnership with Coinone. Transactions will be more reliable and transparent. I can say that this exchange is growing rapidly and has the support of big companies.
I think it will grow very rapidly at the beginning of 2021 after these partnerships, although it currently has a transaction volume of 10th.
Pros
- They made partnerships to increase security measures
- Much cheaper transaction opportunity than banks
- Transparent transactions
Cons
- Registration and approval system takes a long time
