Coinone Fees: What You Really Pay to Trade on This Korean Crypto Exchange

When you trade on Coinone, a major cryptocurrency exchange based in South Korea that supports fiat deposits and over 100 digital assets. Also known as Coinone Corp, it’s one of the few platforms in Asia that lets you buy crypto directly with Korean won. But here’s the catch: the fees aren’t always obvious. Many users assume low trading fees mean low overall cost—until they get hit with withdrawal charges, deposit limits, or hidden spread markups.

Coinone’s trading fee structure starts at 0.15% for makers and 0.25% for takers, which is average compared to global exchanges. But if you’re depositing Korean won via bank transfer, you might pay up to ₩2,500 per transaction. Withdrawals? Bitcoin withdrawals cost 0.0005 BTC, Ethereum runs around 0.01 ETH, and stablecoins like USDT have fixed fees that don’t change with volume. These aren’t small numbers if you’re moving large amounts or trading frequently. And don’t forget: Coinone doesn’t offer zero-fee trading like some U.S.-based platforms. You’re paying every time you move money in or out.

What makes Coinone different isn’t just its fees—it’s who uses it. Most traders here are Korean residents who need to convert won to crypto quickly. If you’re outside Korea, you’ll find it harder to deposit, and customer support is mostly in Korean. The platform also has a history of temporary service outages during high volatility, which can lock you out just when you need to act. It’s not a bad exchange, but it’s not built for global traders looking for low-cost, seamless access. It’s built for locals who want fast, regulated access to crypto using their national currency.

That’s why the posts below focus on what matters: real fee breakdowns, withdrawal experiences from Korean users, comparisons with other Korean exchanges like Upbit and Bithumb, and how Coinone’s structure affects your bottom line. You’ll find posts about exchange risks in Asia, how fiat on-ramps work in regulated markets, and why some platforms disappear after regulatory pressure. This isn’t about hype. It’s about knowing exactly what you’re signing up for before you send your first won.