Exchange Announcement
[Coinone] MVC Event Conclusion and Results Announcement
Summary
- [Coinone] distributed MVC event benefits based on KRW value, using the closing price from the day before benefit distribution as the basis.
- For event benefits exceeding 50,000 KRW, a 22% tax is deducted, and if a member's other income exceeds 3,000,000 KRW per year, they may be subject to comprehensive income taxation.
- Coinone emphasized that virtual asset transactions are high-risk, principal-loss products, and that they do not provide investment solicitations.
Hello, this is Coinone.
Thank you to all members who participated in the [2nd Week of July Thursday Coin Festa] MVC event. The event winners have been selected and are announced as follows. Congratulations to all the winners!
Event: [2nd Week of July Thursday Coin Festa] MVC (Total Prize 8,400,000 MVC!) (Original event announcement)
Entire event period: 2025.7.10.(Thu) 10:00 ~ 2025.7.13.(Sun)
Benefit distribution: 2025.7.23.(Wed) — As of notice, all benefits have been distributed.
Please note:
You can check whether you have won the event in (My Page/More > Event Code).
Rewards are distributed sequentially, so the payment times may differ among members.
You must maintain your consent to receive event and benefit notifications to participate in the event and receive benefits.
▶️ More > Settings > Notifications > Event & Benefit Notifications > Check your consent status for event and benefit notifications
For benefits given as virtual assets of KRW equivalent value, the number of virtual assets is calculated based on the closing price of the relevant asset on Coinone's exchange as of the day before the event announcement.
If the benefit is granted as a virtual asset, the notified amount to the tax authority for tax purposes is calculated based on the closing price of the day before the benefit distribution date on Coinone's exchange.
Distributed benefits are counted as 'other income' for the member, and if a member’s total other income exceeds 3,000,000 KRW per year, it may be subject to comprehensive taxation.
If the benefit amount exceeds 50,000 KRW, the associated tax (22% of the benefit) will be borne by the member.
If the benefit is provided as a virtual asset, the actual amount received will be after deducting the deduction tax from the benefit amount.
The event may be changed or terminated early if unavoidable due to Coinone’s circumstances or amendments to relevant laws and regulations.
If you participate in the event by methods contrary to its intent (such as rejoining after withdrawal) or through abnormal or illegal methods (such as identity theft), or disrupt the event operation, you may be excluded from benefit eligibility.
If a member cannot use Coinone’s services due to a violation of the terms and conditions, the member will be excluded from event participation and benefit eligibility.
The benefit distribution date may be changed due to Coinone’s circumstances.
Depending on Coinone’s circumstances, the provided virtual asset may be changed to another virtual asset of equal KRW-converted value.
Benefits are distributed to the Coinone account and the linkage with a KakaoBank account must be completed.
Since the benefit is distributed to the member’s Coinone account, if the member withdraws before distribution, the benefit cannot be sent.
If a member fails to comply with the customer verification obligations under the terms and conditions, the member will be excluded from the event.
Coinone does not guarantee the value, etc., of virtual assets granted as benefits.
The data collection period and event ending time are based on the Coinone server time. There may be discrepancies with your smartphone time.
Coinone does not make any investment solicitations relating to virtual asset transactions.
Virtual assets are high-risk products and you may lose all or part of your invested principal. Please make sure to consider the risk of principal loss due to price fluctuations when trading virtual assets.
For safe transactions, we recommend that you first check documents such as whitepapers and related terms before trading virtual assets.
Thank you.
Coinone Team

*This is information generated automatically.

Exchange Announcement Bot
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