The third-largest cryptocurrency exchange of South Korea – Coinone – has announced expanding its wings to Indonesia by launching the &lsquo,Coinone Indonesia&rsquo, which will be based out of Jakarta. While making this announcement, the company said that it will be the &ldquo, very first among the top cryptocurrency exchanges ter Korea to inject the universal market.&rdquo,
Coinone Indonesia CEO , Alan Song said: &ldquo, Coinone Indonesia wants to be the gateway that introduces people to the concept of blockchain and cryptocurrency. [Wij want to facilitate] access for users ter Indonesia to have various types of digital assets or cryptocurrencies quickly and securely.&rdquo,
Coinone also provides several crypto services like operating a &ldquo,blockchain 4D zone&rdquo, called Coinone Blocks which are consultation counters for walk-in customers.
Originally, the Indonesian trading toneel of Coinone will permit users to trade te six different cryptocurrencies. The announcement read: &ldquo, Coinone Indonesia offers the following six cryptocurrency trades: bitcoin (BTC), bitcoin contant (BCH), ethereum (ETH), ethereum classic (ETC), litecoin (LTC), quantum(QTUM), and shortly thereafter [wij] will proceed to add other coins according to its high technological standards of examination.&rdquo,
Speciaal from the above mentioned digital currencies, Coinone te Korea also permits the trading for Iota (XOT), Ripple (XRP) and Bitcoin Gold (BTG).
Preregistration for Coinone Indonesia has already embarked from Monday, April 16, and will last till a month&rsquo,s time. Pre-registration process presently requires only the e-mail address. Pre-registered users will be able to avail the services beginning May 24 while the exchange will officially launch ter June.
The exchange also permits foreigners to register on their toneel. It writes: &ldquo,Foreigners who are not Indonesian nationals can also apply&hellip,after the pre-registration period, foreigners need a separate examination process through the passport and non-face-to-face certification process.&rdquo,
Additionally, the exchange says that it will also be hosting an airdrop event for &ldquo, selected Ten,000 pre-registrants.&rdquo, It further mentions that &ldquo, Up to Ten million rupiah (appx. 800,000 won) worth of cryptocurrency will be granted through a lottery of Ten thousand registered customers. Ten free coupons are provided upon completion of the self-evaluation process.&rdquo,
The Coinone Indonesia specifically mentions that the &ldquo, fortunate Ten,000 persons who applied for pre-registration will be chosen to get trading toverfee [of] 0.00% coupon and [the] Qtum Airdrop.&rdquo,
A report from Korean news source The Investor reads that &ldquo, Coinone expects many cryptocurrency and blockchain-backed business opportunities te Indonesia, spil the country&rsquo,s economy is demonstrating rapid growth with a population of 260 million. It has also shown rapid development te IT and financial technologies.&rdquo,