oinone Celebrates 11th Anniversary, Aims to Expand Market Share

omestic virtual asset (cryptocurrency) exchange Coinone (CEO Cha Myung-hoon) announced on the 20th that it has reached its 11th anniversary.

Coinone, a domestic virtual asset (cryptocurrency) exchange, announced on Monday that it had reached its 11th anniversary.

To mark the occasion, Coinone振り返ったon its growth and present state over the past 11 years, and shared its ambition to expand market share in earnest this year.

Launched on February 20, 2014, Coinone, regarded as a first-generation virtual asset exchange, is now in its 11th year of operation. The total number of registered members, which stood at only 3,100 in 2015 during its first year, had grown to 3.15 million by February 2025. During the same period, the cumulative transaction volume increased about 720,000 times from 700 million won to 503 trillion won. While only Bitcoin (BTC) trading was available on Coinone in 2015, it now supports trading of 289 types of virtual assets.

Of late, the platform has been enhancing user convenience through a real-name account partnership with KakaoBank. Notably, the KakaoBank authentication is the industry's first app-to-app method, dramatically shortening the essential customer verification and account linking process for exchange use. It's also worth mentioning that there hasn't been a single security incident in the 11 years since its establishment. Related to this, Coinone became the first virtual asset operator to win the grand prize at the '22nd Information Security Awards' in 2023, receiving official recognition for its security.

Coinone's community service is also growing rapidly. In just 6 months after opening last year, a total of 49,042 posts were uploaded, with significant activity including comments (64,371) and likes (93,501). In particular, the 'Profit Rate Verification' feature is showing high user engagement.

"Coinone has been present at every major momentum in the virtual asset market over the past 11 years, including the virtual asset business registration in 2021 and the implementation of the User Protection Act last year," said Cha Myung-hoon, CEO of Coinone. "This year will be focused on expanding market share in earnest, and we will concentrate on acquiring customers by quickly incorporating industry trends into our services."