Exchange Announcement
[Coinone] Initia (INIT) KRW Market Addition Notice
Summary
- Coinone announced that it will add Initia (INIT) to the KRW market starting April 24, 2025.
- Initia (INIT) is a Cosmos-based Layer 1 blockchain project aiming to build a multi-chain ecosystem, used for transaction fees, staking, and governance.
- Coinone advised that the risk of principal loss due to price fluctuations should be considered when trading virtual assets.
Hello, this is Coinone. Coinone will add Initia (INIT) to the KRW market as follows on April 24, 2025.
Initia (INIT) Trading InformationDeposit and Withdrawal Schedule:- Deposit Open: April 24, 2025 (Thu) 11:30 (KST)- Withdrawal Open: April 24, 2025 (Thu) 21:00 (KST)Trading Schedule:- Sell Open: April 24, 2025 (Thu) 20:00 (KST)- Buy Open: April 24, 2025 (Thu) 20:05 (KST)- Market Order Reservation Open: April 24, 2025 (Thu) 22:00 (KST)
Reference Price: 1,123 KRWWithdrawal Fee: 0.1 INITSupported Network: Initia (Mainnet) Deposits through other networks are not supported.
Initia (INIT) Asset InformationAsset Name: InitiaAsset Introduction: Initia (Initia) is a Cosmos-based Layer 1 blockchain project aiming to solve the isolation and interoperability issues of various app chains to build a multi-chain ecosystem. It supports a framework for building Layer 2 based on the Initia Mainnet and Initia Mainnet. INIT is the native utility token of the Initia Mainnet, used for transaction fees, staking, and governance.
Related Materials- Official Website- Whitepaper- Key Information Summary- Virtual Asset Description
Official Community Guide- X (formerly Twitter)- Discord- Medium
Precautions- When supporting new virtual asset trading, only limit sell orders are allowed for 5 minutes from the sell open time.- If deposits are made from virtual asset businesses not included in the Travel Rule solution integration list, it may take a long time to return them.- Before depositing virtual assets, please check the supported network and whether a secondary address such as a memo is required to avoid incorrect deposits.- In case of incorrect virtual asset deposits, you can request a return of the virtual assets according to Coinone's incorrect deposit return guide.- Coinone provides whitepapers, key information summaries, descriptions, community links, etc., for the virtual assets decided to be supported for trading and strives to regularly check and update them.- Coinone does not make any investment recommendations related to virtual asset trading.- Virtual assets are high-risk products that can result in the loss of all or part of the investment.- Please be sure to consider the risk of principal loss due to price fluctuations when trading virtual assets.- For safe trading, it is recommended to first check the whitepaper, related terms, and explanatory materials of the virtual asset when trading.- Coinone Compliance Officer Review No. 2025-Na-095-Ho-A (2025. 4. 24. ~ 2026. 4. 23.)
Thank you.
Coinone Team

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