Coinone celebrates 11th anniversary... Reveals performance data comparing 1st vs 11th year

Suehyeon Lee

Summary

  • Coinone reported that over 11 years, they increased their cumulative members from 3,100 to 3.15 million, and cumulative transaction volume from 700 million won to 503 trillion won.
  • Currently, Coinone supports trading of 289 types of virtual assets and has improved trading convenience through a real-name account partnership with KakaoBank.
  • This year, they will focus on expanding market share and will pursue customer acquisition by quickly incorporating industry trends into their services.
Photo=Coinone
Photo=Coinone

Domestic virtual asset (cryptocurrency) exchange Coinone (CEO Cha Myung-hoon) announced on the 20th that it has reached its 11th anniversary. To commemorate this, they looked back on Coinone's growth and current status over the past 11 years, and shared their ambition to expand market share in earnest this year.

Coinone, considered a first-generation virtual asset exchange, launched on February 20, 2014, marking its 11th anniversary this year. The cumulative number of registered members, which was only 3,100 in 2015 during its first year, has grown to 3.15 million as of February 2025. During the same period, the cumulative transaction volume increased about 720,000 times from 700 million won to 503 trillion won. While only Bitcoin (BTC) trading was available on Coinone in 2015, it now supports trading of 289 types of virtual assets.

Recently, the platform enhanced user convenience through a real-name account partnership with KakaoBank. KakaoBank authentication is the industry's first app-to-app method, dramatically shortening the essential customer verification and account linking process for exchange use. It's noteworthy that there hasn't been a single security incident in the 11 years since its establishment. Related to this, Coinone became the first virtual asset operator to win the grand prize at the '22nd Information Security Awards' in 2023, receiving official recognition for its security.

Coinone's community service is also growing rapidly. In just 6 months after opening last year, a total of 49,042 posts were uploaded, with significant activity including comments (64,371) and likes (93,501). In particular, the 'Profit Rate Verification' feature is showing high user engagement.

Coinone CEO Cha Myung-hoon stated, "Coinone has been present at every major momentum in the virtual asset market over the past 11 years, including the virtual asset business registration in 2021 and the implementation of the User Protection Act last year. This year will be focused on expanding market share in earnest, and we will concentrate on acquiring customers by quickly incorporating industry trends into our services."

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Suehyeon Lee

shlee@bloomingbit.ioI'm reporter Suehyeon Lee, your Web3 Moderator.
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