More Than Half of New Subscribers Are Aged 20-30

Coinone Cumulative Members Increase 133% Year-on-Year... 38 New Coins Listed View original image

[Asia Economy Reporter Gong Byung-sun] Domestic cryptocurrency exchange Coinone has disclosed its performance results for last year. Both the number of members and the company size have grown.


On the 5th, Coinone announced that as of last month, the cumulative number of members reached approximately 2.22 million, a 133% increase compared to the previous year. Among new Coinone sign-ups, those in their 30s accounted for the largest share at 34.04%, followed by those in their 20s (26.17%), 40s (23.54%), and 50s (11.80%). The proportion of new members in their 20s increased by 9% compared to the previous year.


Coinone's company size also expanded. The current number of employees is 130, a 53% increase from the previous year. A Coinone representative explained, “This is the result of more than doubling the customer center staff for complaint response services and conducting triple-digit hiring across all departments focused on development, including the Anti-Money Laundering (AML) center.” Coinone plans to increase its workforce to 250 employees this year.


The number of tradable cryptocurrencies has also increased. Last year, Coinone newly listed a total of 38 types of cryptocurrencies throughout the year. Coinone stated that it strictly applies listing criteria, prioritizing investor protection above all.



Cha Myung-hoon, CEO of Coinone, said, “Last year was a meaningful year in which Coinone was able to grow one step further along with the explosive growth of the cryptocurrency market. This year, as new investors are expected to enter through diversified blockchain-based businesses such as the metaverse and non-fungible tokens (NFTs), we will strive to stabilize the exchange’s system and provide a safe investment environment.”


This content was produced with the assistance of AI translation services.

© The Asia Business Daily(www.asiae.co.kr). All rights reserved.

Today’s Briefing