Exchange Announcement

[Coinone] Notice of Redstone (RED) Addition to KRW Market

Source
Exchange Announcement Bot

Summary

  • Coinone announced that it will add Redstone (RED) to the KRW market and support trading from March 7, 2025.
  • Redstone (RED) provides price feeds for various DeFi assets and supports more than 50 blockchains as a modular oracle service.
  • RED serves as a utility token providing incentives within the network, and Coinone emphasized that investors should consider the possibility of principal loss when trading digital assets.

Hello. This is Coinone. Coinone will add Redstone (RED) to the KRW market on March 7, 2025, as follows.

Redstone (RED) Trading Information

Deposit and Withdrawal Schedule:

  • Deposit Open: March 7, 2025 (Fri) 20:30 (KST)

  • Withdrawal Open: March 7, 2025 (Fri) 22:30 (KST)

Trading Schedule:

  • Sell Open: March 7, 2025 (Fri) 22:30 (KST)

  • Buy Open: March 7, 2025 (Fri) 22:35 (KST)

  • Market Order and Reserved Order Open: March 7, 2025 (Fri) 22:40 (KST)

  • Base Price: 994.2 KRW

  • Initial Withdrawal Fee: 2 RED

  • Supported Network: Ethereum Network (ERC-20) Deposits through other networks are not supported.

Redstone (RED) Information

Name: Redstone

Description: Redstone is a modular oracle service project that provides reliable price feeds for various DeFi assets such as LST (Liquid Staking Token), LRT (Liquid Restaking Token), and more. Unlike existing oracle services, it adopts a modular structure for excellent versatility and currently supports more than 50 blockchains and rollups. RED is Redstone's utility token that provides incentives within the network.

Related Resources

  • Official Website

  • Whitepaper

  • Key Information Summary

  • Digital Asset Description

Official Community Information

  • X (formerly Twitter)

  • GitHub

  • Discord

  • Blog

  • Telegram

Important Notes

  • When supporting trading for new digital assets, only limit sell orders are available for the first 5 minutes from the sell open time.

  • Deposits from digital asset service providers not included in the Travel Rule solution integration list may take a long time to be returned.

  • Before depositing digital assets, please check the supported network and whether a memo or secondary address is required to avoid deposit errors.

  • In case of incorrect deposits, you can request a return according to Coinone's customer service guidelines for incorrect deposits.

  • Coinone provides whitepapers, key information summaries, descriptions, community links, etc., for digital assets selected for trading support, and strives to regularly review and update them.

  • Coinone does not provide any investment recommendations regarding digital asset trading.

  • Digital assets are high-risk products that may result in the loss of all or part of your investment.

  • When trading digital assets, please consider that there is a risk of principal loss due to price fluctuations.

  • For safe trading, we recommend that you first check the whitepaper and related terms of the digital asset before trading.

  • Coinone Co., Ltd. Compliance Officer Review No. 2025-Na-051-A (2025. 3. 7. ~ 2026. 3. 6.)

Thank you.

Coinone Team


*This information is automatically generated.

Exchange Announcement Bot

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