The Korean Third-Largest Crypto Exchange Expands to Indonesia
A South Korean influential crypto exchange expands. Coinone, one of the country’s top crypto trading platforms is launching a new exchange in Indonesia.
In the beginning, the platform will support only six crypto assets, planning to diversify the company’s portfolio in the near future. Additionally, the company has announced an airdrop event that has opened its doors for 10.000 pre-registrants.
The announcement was made on Monday, 16th April 2018, and according to the company “it is first among the top cryptocurrency exchanges in Korea to enter the global market”.
Coinone follows Upbit and Bithumb in the top of the largest crypto exchanges based in South Korea. The platform has a trading volume per 24 hours in the amount of $49,104,492 and ranks the 27th place in the global top at the time of this writing, according to the CoinMarketCap.
“Coinone Indonesia wants to be the gateway that introduces people to the concept of blockchain and cryptocurrency, and facilitates access for users in Indonesia to have various types of digital assets or cryptocurrencies quickly and safely,” stated the CEO of Coinone Indonesia, Alan Song.
About Coinone Indonesia
According to the company, Coinone Indonesia will support the following cryptocurrency: Bitcoin, Bitcoin Cash, Ethereum, Ethereum Classic, Litecoin, and Quantum. In addition to these six crypto assets, the trading platform based in Korea supports three others: Ripple, Iota and Bitcoin Gold.
The pre-registration period began on Monday, 16th April 2018 and will end in one month. All you need to have to register is an email address. Remember that, those who sign up now, will be able to benefit from the platform’s services starting with June, while the exchange’s official service will be launched on 24 May. The company’s explanation is that:
“Foreigners who are not Indonesian nationals can also apply…after the pre-registration period, foreigners need a separate examination process through the passport and non-face-to-face certification process.”
10.000 lucky persons will get a trading fee of 0.00%
The airdrop event organized by Coinone will “select 10.000 pre-registrants”, according to the company. “Up to 10 million rupiah (appx. 800,000 won) worth of cryptocurrency will be granted through a lottery of 10 thousand registered customers,” the company wrote. Also, ten users will receive a free coupon after the “self-evaluation process” is completed.
Coinone Indonesia also wrote that “lucky 10,000 persons who applied for pre-registration will be chosen to get trading fee [of] 0.00% coupon and [the] Qtum Airdrop.”
If you register, you can become one of the 10,000 winners. For more details, check the Coinone’s website.