Coinone Review 2026

4.0 / 5

Registered exchange with real regulatory records.

Coinone is a crypto exchange founded in 2016. It holds a FIU (South Korea VASP) registration under number Registered.

The record

On file, Coinone traces to 2016, with its operating base recorded in South Korea. Ownership is private, and no equity trades on a public exchange. The order book covers 120 coins and trading pairs, spanning spot and, where a jurisdiction permits, derivatives. The mandate stays inside crypto, spot and derivatives, nothing more.

Execution runs through Coinone's own web, mobile and API stack. No copy-trading layer is offered on the platform.

Founded2016
HeadquartersSouth Korea
Listed coins120
PlatformsWeb, iOS, Android, API
Copy tradingNo

Custody & proof

The Seychelles FSA is an offshore regulator. It requires exchange registration and basic conduct rules, but does not offer the same client protections as the FCA, MAS, or NYDFS. There is no compensation scheme and leverage limits are not imposed.

RegulatorLicenceEntity
FIU (South Korea VASP)Registered ✓Coinone

Cross-check the FIU (South Korea VASP) entry yourself at oracl8.com. Each record returns the licensed entity, its current authorisation state, and the exact activities it is cleared to run, a lookup that costs about a minute.

Fee schedule

The rates below are the standing fees on Coinone. Both sides of the book move with your rolling 30-day volume, and holders of the venue's native token typically settle at a discount.

Taker fee0.4%
Maker fee0.30%
BTC/USD trading fee0.4%
ETH/USD trading fee0.4%
Withdrawal costNetwork fee only (varies by coin)

At 0.4%, the Coinone taker fee reads in line with the regulated retail field.

Withdrawals, cost and timing

Fee: None. Coinone does not charge deposit or withdrawal fees. Your payment provider may apply their own transfer fees.

Processing time: Instant to 24 hours for e-wallets. Bank transfers take 1 to 3 business days.

No payout clears until identity checks are settled. An account still short of full verification, identity and address on file, will see the timeline stretch. Once a record is complete, payouts track the figures above.

Minimum deposit, entity by entity

What you must fund to open depends on which Coinone entity your country routes to. Offshore books tend to set the bar lower, in exchange for thinner regulatory cover.

EntityRegulatorMin depositMax leverage
CoinoneFIU (South Korea VASP) RegisteredNone1:1

Coinone vs Kraken

CoinoneKraken
Primary regulatorFIU (South Korea VASP) RegisteredFinCEN MSB Registered
Min depositNoneNone
Taker fee0.4%0.26%
Listed coins & pairs120+712+
Copy tradingNoNo
Withdrawal feeNoneVaries

Both records check out as registered venues. The case for Coinone rests on its platform and the breadth of its coin list; Kraken pulls ahead where a trader weighs a lighter fee schedule more heavily.

Registrations on file

FIU (South Korea VASP)Registered, Coinone

For retail accounts across the EU and UK, leverage on crypto derivatives is held to 1:1 by local rule.

Strengths and weak points

What works

  • FIU (South Korea VASP) regulated
  • No minimum deposit
  • No inactivity fee
  • Low taker fee from 0.4%
  • 120+ coins & trading pairs

What does not work

  • No tier-1 registration (FCA/MAS/NYDFS), offshore entity only
  • No copy trading

The verdict

The records place Coinone as a registered, operating crypto exchange, FIU (South Korea VASP) number Registered confirms on the public file. The best fit is traders who want 120 coins and pairs reachable through a registered venue. Score: 4.0 out of 5.

Alternatives to Coinone

Should Coinone miss the mark, the registered venues below are worth setting side by side:

Kraken
FinCEN MSB regulated · Min None
Read review →
Binance
FinCEN MSB regulated · Min None
Read review →
Bitstamp
MiCA CASP regulated · Min None
Read review →

Frequently asked questions

Is Coinone safe?

The Seychelles FSA is an offshore regulator. The FIU (South Korea VASP) record, licence Registered, sits on the official register in public view, open to anyone who wants to confirm it.

What is the Coinone minimum deposit?

None covers the primary regulated entity. Offshore books can set a different bar, so the entity table above is the place to read the figure that applies to your country.

What is the Coinone trading fee?

On the record, Coinone charges about 0.4% to take and 0.30% to make. The schedule tapers as 30-day volume climbs, and native-token holders usually clear at a reduced rate.

How long does Coinone take to process withdrawals?

Instant to 24 hours for e-wallets. Bank transfers take 1 to 3 business days.

Does Coinone charge withdrawal fees?

None. Coinone does not charge deposit or withdrawal fees. Your payment provider may apply their own transfer fees.

Does Coinone have an API?

Yes. Beyond its web and mobile front ends, Coinone exposes a public REST and WebSocket API, the hook for automated strategies, custom bots, and outside portfolio tools that read from an account.

Trading crypto carries a real chance of loss, and leverage magnifies it. Weigh whether that exposure is one you can absorb before committing capital on Coinone.