Coinone Review 2026

Logo Coinone
Top Brokers Overview — United States
How we tested Coinone

Traders Union has analyzed financial markets for over 14 years, evaluating brokers based on 250+ transparent criteria, including security, regulation, and trading conditions. Our expert team of over 50 professionals regularly updates a Watch List of 500+ brokers to provide users with data-driven insights. While our research is based on objective data, we recommend that users perform independent due diligence and consult official regulatory sources before making any financial decisions.

Learn more about our methodology and editorial policies.

Pros & Cons

  • the most popular cryptocurrencies are traded on the exchange;
  • the proprietary trading terminal has extensive functionality;
  • top-notch protection of user funds and data;
  • mobile application with a convenient, intuitive interface;
  • a vast array of staking programs from which to choose;
  • the ability to provide loans to other traders;
  • leverage of 1:4 is available for margin trading.
  • only Korean won is presented as fiat funds;
  • no referral program;
  • lack of demo accounts and guides that are crucial for newbies.

The Coinone exchange is a renowned platform for buying, selling, and exchanging cryptocurrencies in the Asian market. Bitcoin, Ethereum, Ripple, Litecoin, USDT, Klaytn, Celeb, and other crypto assets are traded on it. Only the South Korean won represents fiat money. The site has its proprietary trading terminal, developed from scratch based on Coinone Core. There are three services — simplified, professional trading, and lightning-quick exchange. The leverage is 1:4 and is available for margin trading. The company recently released its proprietary mobile trading application. Staking is available to users of the platform as a way to generate passive income. The fees are below average for the segment, depending on the trading volume. The exchange does not offer referral programs, demo accounts, or training guides.

TU Expert Verdict

Editor at Cryptocurrency & Blockchain Department

Coinone carries a higher degree of risk. My review and user feedback point to noticeable performance issues and limitations. It may be appropriate only for experienced traders who fully understand the risks and are prepared for potential instability.

Coinone is a cryptocurrency exchange offering access to 247 digital assets through its proprietary desktop and mobile platforms. Spot maker fees start at 0.1%, and taker fees are 0.2%. The exchange supports staking and margin trading with leverage of 1:4, while its funding options include bank transfers and deposits carry no fee.

However, a notable drawback is that Coinone is not regulated by a government authority, leaving users without government oversight or an investor protection fund. The exchange accepts only South Korean won as fiat, and full account access requires KYC with a Korean phone number. It has no demo account or educational guides, and withdrawals may incur fees. Coinone may suit experienced South Korean users seeking crypto features and low maker fees, but users who need broader fiat support or beginner resources may prefer another exchange.

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Coinone User Reviews

Score:
The administration of the website shall not be liable for the accuracy of the reviews and does not have the technical ability to check the reviews for accuracy, as well as establish whether the authors of the reviews are indeed the customers of a specific company.
4.9 /10
59 total
  • 5-star
    5%
  • 4-star
    8%
  • 3-star
    25%
  • 2-star
    47%
  • 1-star
    14%
chris stuff
1 year ago

Coinone offers some of the lowest fees: on spot trading — from 0.1%, which is advantageous for high trading volumes. The exchange is equipped with built-in analytics and a news service, helping users stay on top of the market. A weak point of Coinone is the lack of English-language support and a demo mode. To use the platform, an account must be verified with a Korean phone number, making the service practically inaccessible for most international users.

vergeneswenson
1 year ago

Coinone offers margin trading with leverage up to 1:4 and a wide range of staking programs. In terms of available instruments, the exchange is comparable to major platforms; however, most of its benefits are primarily geared toward South Korean residents. The minimum order starts at zero, which is convenient for small-scale traders. A significant drawback is the lack of support for popular international payment systems for deposits and withdrawals.

mmdsagor0735kjm
1 year ago

The Coinone exchange has developed its own trading terminal based on Coinone Core and offers a wide range of features, including a mobile app and P2P lending. One of the key advantages of Coinone is its high level of fund security — cold wallets and two-factor authentication are used. On the downside, the platform does not support fiat currencies other than KRW, and full account functionality requires verification with a Korean phone number.

  • Coinone Commissions and Fees

    Score:
    This category evaluates trading costs and the transparency of deposit and withdrawal charges according to the Methodology. It covers spot and futures trading fees, P2P exchange costs, deposit/withdrawal fees, and tiered fee structures. The assessment ensures that fees are competitive and clearly disclosed, avoiding hidden or excessive costs. Each factor is scored based on defined criteria, contributing to the overall rating.
    7 /10

    Coinone received a 7/10 score for its trading fees. While Coinone is not the cheapest crypto exchange, the fees remain reasonable and competitive within the market.

    • Spot fee below industry average
    • No deposit fee
    • Withdrawal fee may be applied
    • P2P fee applied

    What are Coinone trading fees?

    We analyzed Coinone’s crypto fees and compared them to the top two competitors, both of which hold high average positions in our rankings. To establish a comprehensive benchmark, we also calculated the average fee score based on an evaluation of over 100 cryptocurrency exchanges.

    Coinone trading fees vs competitors

    Coinone Nexus Trade CoinMetro Industry average Based on the evaluation of over 100 leading crypto exchanges
    Spot, maker fee (%) Maker fees are charged when liquidity is added to the order book. This occurs by placing a limit order below the current market price for buy orders, or above the market price for sell orders. 0.1 0.22 0.1 0.15
    Spot, taker fee (%) Taker fees are charged when liquidity is removed from the order book. This typically happens when a trade is executed at the market price. 0.2 0.22 0.2 0.194

    What are Coinone deposit and withdrawal fees?

    Deposit fee, % Important! Even if an exchange does not charge fees for deposits and withdrawals, there can also be fees from the payment system or cryptocurrency network used by the user. For example, the network fee for USDT TRC20 is typically around $1. 0
    Withdrawal fee, % 0.0015 BTC

    Does Coinone offer P2P trading?

    No, Coinone does not support P2P transactions. However, you can explore the best alternatives in our dedicated list of top P2P exchange platforms, offering a variety of secure options for peer-to-peer transactions.

  • Regulation and Safety

    Score:
    Our evaluation encompasses several key factors, including government regulation, two-factor authentication (2FA), cold wallet storage of client assets, investor protection funds, KYC protocol adherence, year of foundation, and history of security breaches. Read more in our Methodology
    5.3 /10

    With a 5.3/10 score, Coinone demonstrates a moderate level of security and regulation. While the platform meets basic safety standards, it may not offer the same level of protection as higher-rated exchanges.

    • 2FA
    • No successful hacks history
    • Cold wallet storage
    • Not tier-1 regulated
    • Not U.S regulated

    We also compared Coinone against the top two competitors with the highest scores in our overall ranking based on the most critical security indicators.

    Coinone Security Factors
    Coinone Coinbase Kraken
    Tier-1 regulation
    No
    Yes
    Yes
    Government-regulated
    No
    Yes
    Yes
    Investor protection fund Provides compensation to users in case of financial loss due to unforeseen circumstances on the platform.
    No
    Yes
    No
    2FA
    Yes
    Yes
    Yes
    Facial recognition
    No
    No
    No
    Cold wallet storage The majority of user funds are held offline, reducing vulnerability to online attacks.
    Yes
    Yes
    Yes
    Successful hacker attacks We review publicly available information on past security breaches to assess the exchange's security track record.
    No
    Yes
    No

    Is Coinone a regulated crypto exchange? Regulation is crucial for the security and legitimacy of a cryptocurrency exchange. We assess the exchange’s regulatory status and its impact on platform reliability.

    Coinone is not currently regulated by any government authority, which is still a common occurrence in the cryptocurrency industry. While this doesn't automatically mean Coinone is unreliable, government-regulated exchanges are generally considered more reliable due to the added oversight and client protection they offer.

    Is verification (KYC) mandatory at Coinone?

    Yes, KYC verification is mandatory at Coinone. You will need to complete the verification process before you can open an account and access the platform's full range of services.

    Is Coinone available in the USA?

    Coinone is not available in the USA due to regulatory restrictions. In some cases, access might differ by state, so we recommend confirming details with the platform’s support or checking the official website for the latest updates.

    You may also consider the top 3 exchanges that are available in the USA and rank highly based on our methodology: Coinbase, Kraken, OKX .

  • Deposit and Withdrawal

    Score:
    We evaluated the deposit and withdrawal experience, considering several key factors such as the range of available methods, transaction processing speed, minimum deposit requirements, and associated fees. Read more in our Methodology.
    2.5 /10

    Coinone received a 2.5/10 rating for its deposit and withdrawal services. Coinone offers limited funding options and may charge fees, which could be inconvenient for many users.

    • Bank transfers for deposits and withdrawals
    • No deposit fees
    • No crypto payments
    • Withdrawal fee applies

    Deposit and withdrawal options

    Coinone supports the following deposit and withdrawal options: Bank transfers.

    Coinone Deposit and withdrawal options vs competitors

    Coinone Coinbase Kraken
    Bank transfers
    Yes
    Yes
    Yes
    Bank card
    No
    Yes
    Yes
    Crypto
    No
    Yes
    Yes
    PayPal
    No
    Yes
    Yes

    What is Coinone minimum deposit?

    The minimum deposit at Coinone is 1 USD/USDT or 1 BTC. The minimum trade size is 1 USD/USDT, which also serves as the minimum amount required to start trading on the platform.

    Coinone minimum deposit vs competitors

    Coinone Coinbase Kraken
    Minimum deposit, USD or USDT 1 10 10
    Minimum deposit, BTC 1 1 1
    Minimum trade amount, USD/USDT 1 2 1

    Does Coinone support fiat money?

    Coinone supports fiat currency trading and account funding. The following fiat currencies are accepted: USD.

  • Supported Coins & Markets

    Score:
    Evaluates the range of available cryptocurrencies, fiat currencies, and markets, as well as investment tools like staking, farming, and other yield options. Read more in the Methodology section.
    3 /10

    Coinone received a score of 3/10 in this category, indicating a modest offering of assets and markets. While Coinone covers essential trading functions, the number of supported coins, fiat currencies, and investment tools may be insufficient for users seeking more comprehensive options.

    • Staking available
    • Fiat currencies supported
    • Crypto futures not available
    • Crypto options not available

    Coinone supported coins and markets vs competitors

    We compared Coinone with leading exchanges in terms of supported coins, NFT access, and derivatives like futures and options to help users assess the platform’s product range and trading flexibility.

    Coinone Coinbase Kraken
    Supported coins 247 400+ 400+
    Futures/Perpetual contracts
    No
    Yes
    Yes
    Options
    No
    No
    No
    NFTs
    No
    Yes
    Yes
    Tokenized Assets Digital tokens representing real-world assets, such as stocks, bonds, commodities, or real estate.
    No
    Yes
    Yes
    TradFi Perps Perpetual futures contracts linked to traditional financial assets, such as stocks, indices, or commodities.
    No
    Yes
    Yes
    Prediction Markets Markets where users trade contracts based on the outcomes of future events.
    No
    No
    No
    Other Assets
    No
    Pre-IPO Forex, IPO

    Coinone passive income options vs competitors

    We also compared Coinone with top competitors in terms of passive income opportunities such as staking, farming, and copy trading, to help users evaluate the platform’s earning potential beyond regular trading.

    Coinone Coinbase Kraken
    Staking
    Yes
    Yes
    Yes
    Yield farming
    No
    Yes
    Yes
    Copy trading
    No
    No
    Yes
  • Trading Apps & Tools

    Score:
    This section evaluates the quality and variety of trading platforms offered by the broker. It considers supported platforms, core features, device compatibility, and the availability of tools for automation, analysis, and different trading styles. Learn more in our Methodology.
    5.7 /10

    Coinone received a score of 5.7/10 for offering a solid set of tools. The apps are intuitive and reliable, though certain advanced features remain limited or could benefit from further development.

    • App data protection with 2FA
    • Full-featured trading on desktop
    • Mobile indicators allowed
    • Advanced tools and automation with API
    • Advanced orders not available
    • Android App score below 4 points
    • No trading bots for traders

    Trading apps

    Coinone provides web and mobile apps for both Android and iOS users, with an average rating of 2.6 on the App Store and 3.2 on Google Play. Our review focused on core features important to traders, particularly trading functionality and security tools, to evaluate how convenient and safe the Coinone platform is for mobile use.

    Coinone Coinbase Kraken
    2FA
    Yes
    Yes
    Yes
    Face ID
    No
    No
    No
    Mob Indicators
    Yes
    Yes
    Yes
    Alerts
    No
    Yes
    Yes
    Advanced Orders These are specialized trading features that give users more precise control over how trades are executed. Examples include Stop-Limit, Trailing Stop, and OCO (One Cancels the Other). These tools may only be available on the web version of the platform.
    Yes
    Yes
    Yes
    Trading with bots
    No
    No
    No
    API
    Yes
    Yes
    Yes
    Extra trading platforms These refer to third-party platforms supported by the crypto exchange in addition to its own proprietary system.
    No
    No
    No

    Does Coinone offer a desktop app?

    Yes, Coinone offers a desktop app with full trading functionality. It supports advanced charting, fast execution, and is compatible with both Windows and macOS systems.

    Does Coinone offer advanced charting with TradingView integration?

    No, Coinone does not currently support TradingView integration. However, it provides its own built-in charting tools with basic indicators and timeframes.

  • Customer Support

    Score:
    We evaluated Customer Support at Coinone based on the availability of live chat, email, phone support, ticket systems, help center resources, 24/7 assistance, multilingual support, and response time. Our assessment focuses on support accessibility and responsiveness. Learn the assessment criteria
    4.1 /10

    Coinone provides below-average customer support, with noticeable limitations in communication channels, service availability, or additional assistance resources.

    During TU testing, the exchange received a relatively low score for support accessibility and responsiveness. Users may face difficulties obtaining timely assistance with account access, deposits, withdrawals, or trading-related issues.

    • 24/7 customer support available
    • Support ticket system available
    • Phone support available
    • Live chat support unavailable
    • Limited language support

    Coinone Support Channels vs Competitors

    Coinone Coinbase Kraken
    Live Chat
    No
    Yes
    Yes
    Email Support
    Yes
    No
    No
    Phone Support
    Yes
    No
    No
    Ticket System
    Yes
    Yes
    Yes
    24/7 Support
    Yes
    Yes
    Yes
    Help Center / FAQ
    Yes
    Yes
    Yes
    Multilingual Support
    No
    Yes
    Yes
    Contacts
    Foundation date 2014
    Registration address Seoul, Seoul-t'ukpyolsi, South Korea
    Official site https://coinone.co.kr/
    Contacts info@coinone.co.kr 888-254-9656

Best Coinone Alternatives

Coinbase
Logo Coinbase
Coinbase
8.5 /10
Spot Fees
Spot fee rate, Maker fee
0.5%
Coins
Coins Supported
400+
Kraken
Logo Kraken
Kraken
8.5 /10
Spot Fees
Spot fee rate, Maker fee
0.25%
Coins
Coins Supported
400+
OKX
Logo OKX
OKX
8.4 /10
Spot Fees
Spot fee rate, Maker fee
0.08%
Coins
Coins Supported
600+
BTCC
Logo BTCC
BTCC
8.4 /10
Spot Fees
Spot fee rate, Maker fee
0.2%
Coins
Coins Supported
399
Crypto.com
Logo Crypto.com
Crypto.com
8 /10
Spot Fees
Spot fee rate, Maker fee
0.25%
Coins
Coins Supported
400+

FAQs

How safe is Coinone as a cryptocurrency exchange?

Coinone has a safety score of 5.3/10, indicating a moderate level of security and regulation. The exchange uses 2FA and cold wallet storage and has no history of successful hacker attacks, but it is not government-regulated, not U.S. regulated, and does not offer an investor protection fund.

What trading, deposit, and withdrawal fees does Coinone charge?

Coinone charges spot trading fees of 0.1% for maker orders and 0.2% for taker orders, which are described as reasonable and competitive. Deposits are free, while withdrawals incur a fee of 0.0015 BTC.

What deposit and withdrawal methods are available at Coinone?

Coinone supports deposits and withdrawals via bank transfers and does not charge deposit fees. A withdrawal fee applies, and the exchange does not support bank card payments, crypto transfers, or PayPal for funding.

Which coins, markets, and passive income options are available on Coinone?

Coinone supports 247 coins and offers staking as a passive income option. The exchange does not provide futures, perpetual contracts, options, NFTs, tokenized assets, traditional finance perpetuals, prediction markets, yield farming, or copy trading.

What customer support options does Coinone provide?

Coinone offers customer support through email, phone, and a ticket system, along with a help center and 24/7 availability. The exchange does not provide live chat or multilingual support, which contributes to its below-average customer support score of 4.1/10.

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