Coinone Eliminates Trading Fees for 60 Cryptocurrencies

Korea Economic Daily

Summary

  • Coinone announced that it will completely eliminate trading fees for 60 cryptocurrencies.
  • The company explained that this policy is a measure to reduce fee burdens and promote active trading.
  • Lee Sung-hyun, Co-CEO of Coinone, stated that they will continue to introduce various policies to promote cryptocurrency experience activation for investors.

Domestic cryptocurrency exchange Coinone announced on the 11th that it will completely eliminate trading fees for 60 cryptocurrencies currently supported on the platform.

Coinone prepared this policy to celebrate its 11th anniversary, aiming to reduce fee burdens for customers and promote active trading. The policy will be applied from 3 PM on the same day and will continue until further notice. However, the changed fee rates will only apply to orders created after the implementation time.

The cryptocurrencies eligible for free trading fees include 1inch (1INCH), Anchor Network (ANKR), Astar (ASTR), Aether (ATH), Bounce Token (AUCTION), Axie Infinity (AXS), and 54 others, totaling 60 cryptocurrencies. These assets can be identified by a 'Free' badge within the Coinone app. This allows users to trade approximately 20% of all cryptocurrencies supported by Coinone without any fees.

Lee Sung-hyun, Co-CEO of Coinone, stated, "Through this fee reduction policy, we aim to reduce the cost burden for our customers and support the activation of cryptocurrency investments," adding, "We will continue to introduce various policies and services that allow investors to experience cryptocurrencies without financial burden."

Hankyung.com Newsroom open@hankyung.com

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Korea Economic Daily

hankyung@bloomingbit.ioThe Korea Economic Daily Global is a digital media where latest news on Korean companies, industries, and financial markets.
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