Things newbies to Coinone exchange need to know

How to trade cryptocurrencies on Coinone exchange? How to buy coins? Register an account, authenticate your real name, recharge Korean won, select a market, create a purchase order, and confirm the order. How to sell coins? Create sell orders, confirm orders, and withdraw Korean Won. Beginners need to know: only Korean Won transactions are supported. Strict KYC requirements. A handling fee is incurred. There are minimum transaction volume requirements. Be aware of price fluctuations and security measures. Korean customer support is available.

Coinone exchange buying and selling guide

How to buy currency?

1. Register an account: Register an account on the Coinone official website or app.
2. Real-name authentication: Complete the KYC (Know Your Customer) procedure and provide proof of identity and address.
3. Recharge Korean won: Transfer Korean won to your Coinone account, either by bank transfer or using a Korean bank card.
4. Select the market: Select the currency you want to buy, such as Bitcoin, Ethereum, etc.
5. Create a buy order: Select the "Buy" tab and enter the purchase quantity and price.
6. Confirm order: View the order details and click "Confirm" to complete the purchase.

How to sell coins?

1. Create a sell order: Select the "Sell" tab and enter the sale quantity and price.
2. Confirm order: View the order details and click "Confirm" to complete the sale.
3. Withdraw Korean Won: Withdraw Korean Won from your Coinone account to your bank account.

Notes for newbies

• Only supports Korean Won transactions: Coinone only supports trading in Korean Won and cannot use other fiat currencies such as USD or EUR.
• Strict KYC requirements: South Korea imposes strict KYC requirements on cryptocurrency exchanges that need to be followed carefully.
• Handling fee: Both buying and selling coins will incur handling fees. The specific fee rate varies according to the transaction volume.
• Minimum trading volume: Each transaction has a minimum trading volume requirement, please check before creating an order.
• Price Fluctuation: Cryptocurrency prices fluctuate greatly, please be sure to consider the risks before trading.
• Security Measures: Use two-factor authentication, cold wallet and other measures to ensure the security of your account.
• Customer Support: Coinone offers customer support in Korean, but English support may be lacking.

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