Exchange Announcement
[Coinone] Event Termination and Final Results Notice
Summary
- Coinone announced the closure and winner selection results of the July USDT King of Trading Ranking Event.
- The event rewards are provided as virtual assets, with the actual amount received being paid out after deducting withholding tax (22%).
- Coinone highlighted the high risk of virtual asset trading and the potential risk of principal loss.
Hello, this is Coinone. Thank you to all members who participated in the July USDT King of Trading Ranking Event. The winners of the event have been selected and are announced as follows. Congratulations to all winners!
Event: [July Stablecoin Ranking Event] Trade USDT and Win a Total of 2,000 USDT! (Original Event Notice)
Entire Event Period: 2025. 7. 14 (Mon) 14:00 \~ 2025. 7. 17 (Thu)
Benefit Distribution: 2025. 7. 24. (Thu) — All benefits have been distributed as of the announcement date.
Please Note
General Guidelines: This event may end early if the budget is exhausted. The distribution of benefits can be confirmed on the announced benefit distribution date. In order to receive benefits, benefit notification consent must be given and maintained throughout the event period. In the case where virtual assets are provided as benefits, the amount reported to the tax authorities for withholding tax purposes is based on the closing price of Coinone Exchange on the day prior to the benefit distribution. Distributed benefits are classified as miscellaneous income of the member and may be subject to global income taxation if the member's total miscellaneous income exceeds ₩3,000,000 per year. If the provided benefit exceeds ₩50,000, the withholding tax (22% of the benefit) is the responsibility of the member. Only the net amount after deducting withholding tax from the benefit will be received. The event may be changed or terminated early in inevitable cases due to circumstances of Coinone or amendments to applicable laws and regulations. Participants who engage in methods contrary to the event’s purpose (such as rejoining after withdrawal), or in abnormal/illegal ways (such as identity theft), or who interfere with event operations, will be excluded from benefit eligibility. If a member cannot use Coinone’s services due to reasons breaching the Terms of Service, the respective member is excluded from event participation and benefit eligibility. The benefit distribution date is subject to change depending on Coinone’s circumstances. Provided virtual assets may, subject to Coinone’s circumstances, be replaced with other virtual assets of equivalent KRW value. Benefits are provided to the member’s Coinone account, and the connection to a KakaoBank account must be completed. Benefits are provided to the member’s Coinone account only; withdrawal before benefit distribution will result in unavailability of benefit. If the member has not fulfilled the customer identification obligation as stipulated in the Terms, they will be excluded from the event.
Coinone makes no guarantee of value, etc., for virtual assets provided as benefits. Data collection periods and event end times are based on Coinone server time; discrepancies with smartphone time may occur. Coinone does not provide any investment solicitation in connection with virtual asset transactions. Virtual assets are high-risk products and may result in total or partial loss of the investment principal. Please be sure to consider the risk of principal loss due to price fluctuations during virtual asset transactions. For secure trading, please review the whitepaper and related terms and explanatory documents of the concerned virtual asset before trading.
Compliance Officer Review No. 2025-Na-087-A (2025. 4. 17. \~ 2026. 4. 16.)
Thank you. — Coinone Team

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