Coinone Starts Deposits and Withdrawals via 'KakaoBank' Accounts from Today

FIU Change Report Approved
KakaoBank KRW Deposit and Withdrawal Service Starts from 11 AM on the 29th

[Asia Economy Reporter Myunghwan Lee] Domestic cryptocurrency exchange Coinone started KakaoBank KRW deposit and withdrawal services from 11 a.m. on the 29th.

Coinone announced, "We have completed the Financial Intelligence Unit (FIU) change report approval for the real-name account partner bank transition." Coinone explained that Bonanza Factory's KRW deposit and withdrawal verification solution was introduced in this KakaoBank service transition.

Earlier, Coinone ended the KakaoBank account pre-registration at 9 p.m. the previous day and conducted service checks for the KRW deposit and withdrawal bank transition until the morning of the 29th. As the KRW deposit and withdrawal bank was fully switched, the existing service with NH Nonghyup Bank was terminated.

From now on, customers who want to use all Coinone services must verify their KakaoBank account. Even if they refused the transition or did not respond during the pre-registration period, service use is possible by completing the KakaoBank account registration. Inquiries related to the KakaoBank transition can be made to the Coinone customer center.

Starting from the 29th, Coinone will also hold a prize event worth a total of 100 million KRW for customers who verify their KakaoBank accounts. Among customers who complete account verification and apply for the event during the event period, 1,571 winners will be drawn to receive prizes such as massage chairs, the latest laptops, and wireless vacuum cleaners. Among customers who trade a total of 1 million KRW or more after account verification, two will be provided with a 'Full Package for Watching the Four Major European Leagues' to attend European soccer league matches held between January and May next year.

Cha Myunghun, CEO of Coinone, said, "With this KakaoBank KRW deposit and withdrawal service as a turning point, Coinone has entered an important period of change," adding, "We will introduce more convenient and innovative virtual asset services and move forward as a first mover in the virtual asset industry."