Coinone Review 2026
Learn more about TU’s methodology
- $1
- Proprietary based on the Coinone Core
- The most popular cryptocurrencies, fiat won, proprietary trading terminal, profitable investment in staking and P2P lending, low fees
Our Evaluation of Coinone
Learn more about TU’s methodology
Coinone is a cryptocurrency exchange with higher-than-average risk and the TU Overall Score of 3.99 out of 10. Having reviewed trading opportunities offered by the company and reviews posted by Coinone clients on our website, Traders Union expert Anton Kharitonov recommends users to consider a more reliable broker with better conditions, as, according to reviews, many clients of this broker are not satisfied with the company’s work.
The Coinone exchange is designed to take into account the specifics of the Asian cryptocurrency market. It is convenient and reliable and characterized by high trading volumes. It has its proprietary terminal and not a typical TradingView platform like the vast majority of its competitors. Even at the basic trading level, the fees are low — no more than 0.1%. There is an integrated news service, analytics, and significant leverage. However, when working with the exchange, some problems may arise. For example, you need a phone number registered in Korea to confirm the data.
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.
Brief Look at Coinone
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.
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- 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.
TU Expert Verdict
Chief Analytics Officer
Coinone is a cryptocurrency exchange focused on the Asian market, providing access to trading over 200 digital assets using a proprietary platform built on Coinone Core. The exchange supports popular cryptocurrencies such as Bitcoin, Ethereum, and Klaytn, and offers features like staking, P2P lending, and a dedicated mobile application. Coinone stands out for low trading fees, starting at 0.1% for spot transactions, and a very low entry barrier with a $1 minimum deposit. Margin trading is available with leverage of 1:4, and the platform operates with two-factor authentication and cold wallet storage for added security.
However, a notable drawback is Coinone’s lack of government regulation, which means users do not receive the same level of oversight or investor protection as on Tier-1 regulated exchanges. Additional disadvantages include support for only the South Korean won as fiat currency, mandatory KYC with a Korea-registered phone number, and the absence of demo accounts or educational guides. Coinone may be suitable for experienced traders based in South Korea who prioritize low fees and native integration, but it may not be ideal for international users or beginners seeking comprehensive support and broader fiat options.
- You are located in South Korea, as Coinone is a South Korean cryptocurrency exchange and is well-suited for users in that region. Being locally based can offer advantages such as better integration with local banking systems and compliance with local regulations.
- You want to trade a wide variety of cryptocurrencies, as Coinone supports over 200 digital assets, providing you with access to a diverse range of cryptocurrencies for trading.
- You are located outside of South Korea, as Coinone has limited international support and may not be available in your region.
- You are a beginner, as the platform can be somewhat complex for new users, and the lack of English support might be a barrier. If you are new to cryptocurrency trading and prefer a more user-friendly platform with comprehensive English support, you may find other exchanges more suitable for your needs.
Coinone Summary
| 💻 Trading platform: | Proprietary based on the Coinone Core |
|---|---|
| 📊 Accounts: | Standard |
| 💰 Account currency: | Cryptos, currencies |
| 💵 Deposit / Withdrawal: | Bank cards and accounts, electronic and cryptocurrency wallets |
| 🚀 Minimum deposit: | $1 |
| ⚖️ Leverage: | 1:4 |
| 💼 Copy Trading: | No |
| 📈️ Min Order: | From 0 |
| 💱 Commission: | Spot: 0.1%-0.2% |
| 🔧 Instruments: | 247 supported coins, Fiat. |
| 💹 Margin Call / Stop Out: | No |
| 🏛 Liquidity provider: | No |
| 📱 Mobile trading: | Yes |
| ➕ Affiliate program: | No |
| 📋 Order execution: | Not indicated |
| ⭐ Trading features: | The most popular cryptocurrencies, fiat won, proprietary trading terminal, profitable investment in staking and P2P lending, low fees |
| 🎁 Contests and bonuses: | Not indicated |
The Coinone cryptocurrency exchange does not list a minimum deposit. To trade on the site, you just need to register and confirm the data. Traders determine the amount and input channel themselves. Leverage (up to 1:4) is provided for margin trading. Funds for leverage are taken from the general fund in which users of the site invest. The technical support service is available without interruption at the time indicated above via the online chat, the ticket system, and by email. The company also has a call center, the multichannel number is indicated in the footer on the website.
Coinone Key Parameters Evaluation
Regulation and Safety
With a 5.25/10 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.
- No successful hacks history
- 2FA
- Cold wallet storage
- Not government-regulated
- Not U.S regulated
Coinone Security Factors
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 | Kraken | OKX | |
| Tier-1 regulation | No | Yes | No |
| Government-regulated | No | Yes | Yes |
| Investor protection fund | No | No | Yes |
| 2FA | Yes | Yes | Yes |
| Facial recognition | No | No | Yes |
| Cold wallet storage | Yes | Yes | Yes |
| Successful hacker attacks | No | No | No |
Is Coinone a regulated crypto exchange?
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: Kraken, OKX, BTCC .
Coinone commissions and fees
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 | |
| Spot, maker fee (%) | 0.1 | 0.22 | 0.1 | 0.15 |
| Spot, taker fee (%) | 0.2 | 0.22 | 0.2 | 0.194 |
What are Coinone deposit and withdrawal fees?
| Deposit fee, % | 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.
Deposit and Withdrawal
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.
- No deposit fees
- Bank transfers for deposits and withdrawals
- No P2P transfer option
- No crypto payments
Deposit and withdrawal options
Coinone supports the following deposit and withdrawal options: Bank transfers.
Coinone Deposit and withdrawal options vs competitors
| Coinone | Kraken | OKX | |
| Bank transfers | Yes | Yes | No |
| Bank card | No | Yes | Yes |
| Crypto | No | Yes | Yes |
| PayPal | No | Yes | No |
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 | Kraken | OKX | |
| Minimum deposit, USD or USDT | 1 | 10 | 10 |
| Minimum deposit, BTC | 1 | 1 | 5 |
| Minimum trade amount, USD/USDT | 1 | 1 | 1 |
Does Coinone support fiat money?
Coinone supports fiat currency trading and account funding. The following fiat currencies are accepted:
Supported coins & markets
Coinone received a score of 3.5/10 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
- Only 247 supported coins
- Yield farming 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 | Kraken | OKX | |
| Supported coins | 247 | 278 | 329 |
| Futures/Perpetual contracts | No | Yes | Yes |
| Options | No | No | Yes |
| NFTs | No | Yes | Yes |
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.
Trading apps & tools
Coinone received a score of 5.65/10 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.
- Mobile indicators allowed
- Advanced tools and automation with API
- App data protection with 2FA
- Full-featured trading on desktop
- No access to TradingView features
- Advanced orders not available
- No access to Copy Trading
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 | Kraken | OKX | |
| 2FA | Yes | Yes | Yes |
| Face ID | No | No | Yes |
| Mob Indicators | Yes | Yes | Yes |
| Alerts | No | Yes | Yes |
| Advanced Orders | Yes | Yes | Yes |
| Trading with bots | No | No | Yes |
| API | Yes | Yes | Yes |
| Extra trading platforms | 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.
Contacts
| Foundation date | 2014 |
|---|---|
| Registration address | Seoul, Seoul-t'ukpyolsi, South Korea |
| Official site | https://coinone.co.kr/ |
| Contacts |
888-254-9656
|
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