Coinone Expands to Indonesia With Several Cryptocurrencies

The service is coming to Indonesia in May 2018, supporting six cryptocurrencies available for trading
17 April 2018   603

The popular and rapidly developing South Korean cryptoexchange, Coinone, has made an announcement stating that it is expanding its services to Indonesia launching a platform under the name Coinone Indonesia. As it is stated on the official website, the service is coming to Indonesia in May 2018.

Coinone Indonesia will launch in Indonesia with an acquired expertise of the top 10 largest crypto-exchange in the world. The platform will keep users' assets safe with various stabilizers tools such as Multi-Sig Wallet, 2FA and Cold Wallet. Initially, the platform will allow six cryptocurrenies for trading: Bitcoin, Bitcoin Cash, Ethereum, Ethereum Classic, Litecoin, Quantum, but later it promises to add more.

Moreover, the users can take part in a pre-registration event, and 10,000 people who applied for pre-registration will be chosen to get Trading Fee 0.00% Coupon and QTUM Airdrop. 

Coinone Exchange to Launch Ripple Based App

Using Cross, residents of South Korea will be able to exchange payments inexpensively with recipients from Thailand or the Philippines
12 December 2018   81

The South Korean Stock Exchange division Coinone launched the Cross payment application using Ripple's xCurrent technology.

The application is focused mainly on residents of the regions with underdeveloped banking infrastructure. According to Coinone Transfer representatives, with the help of Cross, residents of South Korea will be able to exchange payments inexpensively with recipients from Thailand or the Philippines.

To accomplish the task, Coinone will cooperate with the Thai Siam Commercial Bank and the Philippine financial institution Cebuana Lhuillier. In the future, Cross users will be able to transfer funds to any recipient from Thailand through the PromptPay system supported by Mastercard.

According to Ripple, cross-border transfers are extremely popular among South Korean immigrants from Thailand and the Philippines, who in 2017 made transfers of $ 17 billion.