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2 clusters · 4 sources · 1 days · First seen · Last updated

South Korean cryptocurrency fee reductions

Overview

South Korean cryptocurrency exchanges Digital X and Coinone have introduced initiatives to eliminate trading fees for users.

Digital X, previously known as Korbit, is implementing a zero-fee policy for its KRW market for one year, starting August 24, 2026. This move follows the acquisition of Korbit by Mirae Asset Group, which aims to use the platform to capture retail trading volume from competitors like Upbit and Bithumb. Digital X is reportedly preparing a capital raise of up to $217 million to expand into a broader digital-finance platform.

Coinone has also transitioned to a 0% trading fee structure for all items. Users can access this through fee-free vouchers issued via the company’s web or mobile applications. To support this change, Coinone is hosting a trading competition with prize pools in USDT for high-volume traders of assets such as Bitcoin, Ethereum, Ripple, Dogecoin, and USDC.

Entities

Digital X · Coinone · Upbit · Bithumb · Mirae Asset Group

Timeline

  1. 18 days ago

    [BUSINESS] 2 sources
    Mirae Asset Group launches fee-free trading at Digital X

    Mirae Asset Group is offering a year of fee-free trading at Digital X to challenge South Korean crypto leaders Upbit and Bithumb.

  2. 19 days ago

    [BUSINESS] 2 sources
    Digital X and Coinone announce zero trading fees for all assets

    South Korean crypto exchanges Digital X and Coinone have announced plans to waive trading fees across all listed assets to reduce investor costs.

Sources

bitcoinethereumnews.com · blockchainreporter.net · blockmedia.co.kr · tokenpost.kr