Review on Coinone by toan van
Exchanges for the Korean region
The exchange originated in Korea, it is considered to be quite popular with Korean users. The CEO of this exchange is Myunghun Cha. Coinone lists the most popular cryptocurrencies like BTC and ETH along with tokens of projects that meet the exchange's listing standards. The exchange is locally oriented because the Korean government requires crypto exchanges to ensure low risk for Korean users.
That's why we see, the price of Bitcoin on Coinone is always thousands of dollars larger than the price on the world market. However, the exchange gained a large number of users, most of whom were Koreans.
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Pros
- The exchange has a certain number of users with a stable monthly trading volume.
- Price of BTC and other coins is guaranteed to be stable
- Good security
- Optimized and compatible for Android and iOS operating systems
- Support staking some coins
Cons
- Its disadvantage is that it is only limited to traders counting from Korea, it is difficult to create an account outside of this area.
