KakaoBank Launches Crypto Price Tracker with Coinone
KakaoBank, South Korea’s leading digital bank, has introduced a new crypto price tracking feature. This tool, developed in partnership with Coinone, allows users too monitor real-time prices of popular cryptocurrencies like Bitcoin and Ethereum directly within the app.
according to a Chosun Biz report, the system provides rankings based on transaction volume, market cap, and price fluctuations. This makes it easier for KakaoBank’s 22 million users to stay informed about crypto market trends.
The collaboration between KakaoBank and Coinone is not new. In 2022, they partnered to enable coinone users to open deposit and withdrawal accounts for crypto transactions. This latest progress strengthens their ongoing relationship.
However,Coinone has faced regulatory challenges. In late 2024, South Korea’s Financial Supervisory Service investigated the exchange over sharp price swings in Movement’s token, MOVE. The price surged 46,000 times before plummeting. Despite this,no public accusations have been made against Coinone.
For crypto enthusiasts in South Korea, this new feature offers a convenient way to track crypto prices.
