Coinzest as few traders might have heard of is a Japanese exchange that plays an important role in the crypto space by allowing traders to buy,sell and also to swap their assets with other traders for other assets that are equivalent in value to theirs.
Coinzest is a crypto 2 crypto and flat brokerage, this means those just coming into the crypto space can also trade on the exchange with expert traders who have been in the system for long.
They offer a very considerable trade fee of 0.1% ,this made south Korea investors who traded on foreign exchange attracted to the exchange and considering that they also make deposits and withdrawals in KRW ,but this is a limiting factor to foreigners trading on Coinzest exchange since KRW is the only flat option available.
Coinzest has been out of service and their service is no longer available to investors, the exchange's security wasn't breached during the time the operated but the reason this exchange is out of service is still unknown, but the most important of it all is that the exchange is no more functioning.