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Biz News Korea(Eng)

Coinone opens physical cryptocurrency exchange

Collected: 2017.09.12

Distributed: 2017.09.13

Source: Go Direct

Coinone, one of South Korea’s digital currency trading platform operators, said on Tuesday it has opened a brick-and-mortar cryptocurrency exchange called Coinone Blocks to demonstrate its financial services based on blockchain technology that allows cryptocurrency to transfer value without resorting to traditional intermediaries such as banks.

Coinone Blocks offers visitors an opportunity to experience Coinone`s online service lineup at the center located on the third floor of S-Trenue Building in Yeouido, the major financial district in Seoul. A large screen at the center gives visitors a glance at market information of six major cryptocurrencies including Bitcoin and Ethereum that are traded via Coinone.

Visitors can see a demonstration of “hard wallet,” a USB-shaped digital wallet for cryptocurrencies and buy one. Bitcoin can also be traded over an automated teller machine.

Coinone said it aims to add more customer experience centers in the future.

By Chung Ji-sung

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