Coinone is an exchange platform based in Korea that allows fiat money and crypto-to-crypto transactions.
Below is a guide to help you in withdrawing Fiat money and Ripple (XRP) from your Coinone account:
Go to Visit https://coinone.co.kr and click “Log in.”
Navigate your way to the Withdrawal section by clicking on the “D/W” button located at the top bar of the homepage.
From the withdrawal page, look for the Korean Won currency or simply go to “Quick menu.”
Select “KRW” and click on the “D/W” button beside it. In the Wallets section, select “Withdrawal” and enter the amount you want to withdraw on the on the withdrawal form, and proceed with the transaction.
From the withdrawal page, look for the cryptocurrency you want to withdraw funds from, or simply go to “Quick menu.”
In this example, we are going to use Bitcoin. Locate the BTC button and click on “D/W” beside it.
Next, enter the amount you wish to withdraw and proceed with the whole process.
As one of the largest exchanges in South Korea, the platform offers a very friendly user interface for those who intend to fund their account may it be in the form of digital currencies or Fiat money.
In this guide, you’re about to receive instructions on how to place your funds on the Upbit exchange.
To get to the deposit page, you must first log in to your account. The sign-in link is here.
Click the ‘Login to cacao account’ button.
Log-in to the Kakao account that you’ve created which was a prerequisite in the Upbit registration. After entering your email address and password, hit on the Log In button.
Depositing in Upbit is free of charge. However, one has to pass their authentication process first before doing this step.
After getting a verified account, go to the ‘Disbursement’ tab which you find on the top navigation bar.
Click ‘Deposit and withdrawal’ beside the currency of your choice. The incoming address is where you can deposit your funds. Make sure to send the assets to the correct information to get rid of loss and delays. It usually takes 10-30 minutes for the processing depending on the cryptocurrency you choose.
For Fiat deposit transactions, access the ‘Disbursement’ page just like what you do when you process a Ripple (XRP) deposit. There are no fees as well in making this type of funding.
Select the asset that you’d like to fund and go to KRW charge. You should be able to view additional instructions on how to proceed once your account gets authenticated. Always see to it that all information you input is accurate to achieve a smooth and issue-free transaction.
If you wish to check your deposit, you can easily access the ‘Investment History’ page and going to the ‘Deposit/withdrawal waiting’ section.
You can also check it via ‘Deposit history’ of the ‘Disbursement’ page.
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