Coinone is a South Korean cryptocurrency exchange founded in 2015, it is #8 on BlockExplorer’s top 25 cryptocurrency exchanges of 2017 list. Coinone is one of the larger Korean cryptocurrency exchanges, and as such, it is recommended to mid to large-scale traders, specifically those looking to trade in Won. As all trades on Coinone occur in Won, and all Coinone trading pairs are cryptocurrency to Won.


coinone cryptoURL:
Total trading pairs: 9
Deposit fees: No
Withdrawal fees: Yes, per currency
Trading fees: 0.00% – 0.15%
Margin Trading: Yes
Verification: Yes, multiple levels


Registration is simple, requiring you to enter an email address, password, and solve a simple CAPTCHA-like puzzle. You receive an email to confirm your email address, though it is all in Korean. You can change the language emails are sent in the account configuration, though by default this is set to Korean.


Coinone breaks down its fees into a tiered maker/taker scheme that is based on the total you have traded in the last 30 days. And that total is updated daily at 3 AM. On the low-end fees are 0.1% for both makers and takers with 100,000,000 Won or lower in trades. On the High end, fees are 0% for makers and 0.02% for takers with 50,000,000,000 Won or more in trades. All margin trades carry a flat 0.15% fee for both makers and takers.

There are no deposit fees, and withdrawal fees differ by currency, there is a list of fees per currency available on Coinone’s site.


Coinone’s interface is a very clean and bright white with blue highlights. While the trading interface is well thought out there are some sections that are in Korean even when the selected language is English.

There is a chart of your currently selected trading pair at the top of the page. Below the chart on the left is the current order book for the selected trading pair and on the right is where you can submit buy or sell orders. On the right of the entire page is an overview of all currencies Coinone trades and their current price, below which is the status of your current orders. Further below on the right is your current fee rank, with how much more you need to trade to move up a fee level.


Coinone has four verification levels. And to withdraw currency you are required to have at least level one. Each verification level has higher withdrawal limits than the previous one

Verification Level Requirements Withdrawal Limit
Level 1 Email and location 1,000 KRW
Level 2 Phone number based authentication 500,000 KRW
Level 3 OTP Registration 1,000,000 KRW
Level 4 Review by operations team 100,000,000+ KRW



OTP (One time password) also referred to as 2FA is available, though the method of configuration is unclear.

Currently managed by CEO Nejc Kodrič, Bitstamp is an EU based cryptocurrency exchange founded in 2011. Bitstamp offers 11 trading pairs with three crypto to crypto pairs. It is usable in, among others, any EU country and in the United States. And has offices in the United Kingdom, the United States, and France.

Bitstamp is decently liquid in its trading pairs, though there are not that many of them. Traders that are not looking for a large number of trading pairs but are looking for larger trades will find Bitstamp to be a decent home for their practice. Programmatic trading is also possible by way of a JSON based API.

bitstamp crypto

Total Trading Pairs: 11
Deposit Fees: No
Withdrawal Fees: No
Trading Fees: Yes, 0.25% to 0.1%
Margin Trading: No
Verification: Yes, one level


Registration on Bitstamp’s site is simple and allows you to view the current trades on all pairs. You are required to verify your account to deposit and therefore trade. You are emailed a customer ID and a password once you submit your registration. While you are immediately asked to change that password, it’s still a questionable practice to send passwords over email.


Verification is a single step process where you are required to submit a large amount of personal information, namely:

  • First and last names as they appear on your identity document
  • Full address
  • Date of birth
  • Photo government ID and its date of issue, date of expiry and number
  • Proof of residence no older than three months. Which cannot be an already submitted identity document

There are reports that verification can take from a single week to multiple months. Bitstamp does not publish any estimated times for registration.


Bitstamp’s interface is a dark grey background with light grey text. Nice for late night trading sessions where bright backgrounds can cause eye strain. The interface provides a decent amount of information but feels cluttered, with no definite borders around anything. There is a large price indicator that constantly updates, making it rather difficult to get a definite figure at a glance during periods of high activity. Displayed at the top is your current balance that is relevant to the selected trading pair. And you can submit orders on the right.


Bitstamp offers login protection in the form of two-factor authentication via Google Authenticator and Duo. Though their instruction link for using Google Authenticator points to a nonexistent page.

A PGP key is offered for email security, though there does not seem to be any facility for uploading your own, meaning secure email can only occur from customers to Bitstamp.


Bitstamp has flat fees for both makers and takers, the fee you are charged is based on the total trading you have done in the last 30 days. And you can see your current fee on the account page. The lowest fee tier is 0.25% for any traders at less than $20,000 USD, and the highest tier is 0.10% for traders at or above $20,000,00 USD. There are no fees for almost all cryptocurrency deposit and withdrawals, with the exception of Bitcoin withdrawals via BitGo Instant transfers.

Bitstamp also has a minimum trade amount. Specifically, 5 units of whatever fiat currency the trading pair is denominated in or 0.001 BTC for the pairs denominated in Bitcoin.

bratislava slovakia bitcoin

Recently a new startup, called SmartLaw has surfaced. The intention of this startup is to provide smart contract based trusts. In this case, the trust is between the current landowner and SmartLaw. In exchange for the title deed of the land, the (now ex) landowner gains certain benefits, such as a line of credit, backed by the signed over land. Prospective landowners can purchase land over time, by allowing SmartLaw to purchase the land in their place and then paying the cost of the land back over time. Though this does require that the land was already in SmartLaw’s system.

Why is SmartLaw interesting?

Like CryptoKitties, SmartLaw uses smart contracts,  specifically smart contracts on the Ethereum blockchain, which forces openness about dealings. And it means users can watch always be safe in the notion that (so long as they trust SmartLaw), the land cannot be stolen by SmartLaw.

What could go wrong?

SmartLaw is a new startup, whose software has not withstood mainstream usage, this means that bugs or exploits may exist. Which could cause loss of property, or loss of currency. They do not seem to state who its developers are or who owns the company itself. While this is not intrinsically a bad or unheard of thing, especially in the world of cryptocurrency, it could be an indication of a scam. Especially given that there is very little information on their site otherwise, aside from a link to chat.  There also seems to be some skepticism around SmartLaw in the Ethereum community


There are a large number of questions that need answering around SmartLaw. And a bit of time in the mainstream should let any exploits that may exist be discovered.

I Gave is a new DAO (Decentralised Autonomous Organisation) that is centered around allowing users to donate Ethereum to a charitable organization. Its current implementation is open source and was launched in January 2018 and is in the form of a private testnet. I Gave’s underlying technology is Ethereum smart contracts, much like cryptokittes.

The Idea behind I Gave

I Gave allows donors to donate to charitable organizations using ethereum in exchange for a nonfungible token. This token represents a “need” for the organization. Its whitepaper gives the example of “1 bottle of water” as a need represented by a token. A specific number of the non-fungible tokens are available when a fundraising campaign is started. And the fundraiser ends either when there are no more non-fungible tokens left or when the end date of the fundraiser passes. Either way, at the end of the fundraiser, there will be no further tokens of that type issued. The whitepaper also mentions a fungible token to be used for voting on specific issues, such as marking specific ethereum addresses as ‘Partners’. Partners do not pay the fees involved in starting a fundraising campaign.


I Gave will begin with an Initial Coin Offering intended to raise at least 100,000,000 IGV (100 ETH), and at maximum 50,000,000,000 IGV (500,000 ETH). 20% of the ICO will go into a development fund, with the rest going to those that purchased the IGV.  IGV owners will be able to withdraw their ETH if the ICO fails. The ICO has two failure conditions. The first failure condition is not reaching the 100,000,000 IGV goals within the timeframe of 12 months.  And the second is up to the founder of I Gave, who can end the ICO at any time.


I Gave is an extremely interesting idea and seems to have a well thought out plan for rollout and long-term use.  And if it succeeds,  could be a great asset to charitable organizations everywhere.

Featured image from I Gave’s GitHub


The Ethereum (ETH) and Ripple (XRP) prices have each raced to an all time high as the two cryptocurrency heavyweights vie for the silver podium in the cryptocurrency market cap rankings.

Ethereum and Ripple Vie for Second Place in the Market Cap Rankings

Long thought to be the cryptocurrency with the best chance to supplant bitcoin as the cryptoasset king, Ethereum boasted the second largest market cap for the vast majority of 2017 (Ripple briefly achieved that mark in May, while bitcoin cash held it for a fleeting moment in November).

ethereum price
Legend: Ethereum (Purple), Ripple (Blue), Bitcoin Cash (Green) | Source: CoinMarketCap

However, in December the Ripple price entered a meteoric ascent that only seemed to intensify as time passed, and on Dec. 29 Ripple unseated Ethereum as the second most valuable cryptocurrency.

Ethereum reclaimed that position for a brief period on Jan. 2, but Ripple quickly resumed its rally and moved back into second before the end of the day.

Ethereum, Ripple Prices Race to All-Time Highs as Competition Intensifies

At this point, the competition really began to heat up as both cryptocurrencies set multiple all-time highs during mid-week trading.

On Thursday, the Ripple price reached as high as $3.53 on Bittrex, raising its circulating market cap to $148.9 billion and making Ripple co-founder Chris Larsen the eighth-richest person in the world — at least on paper.

ripple price
Source: TradingView

Ripple’s dramatic rally accompanied several partnership announcements involving banks and credit card issuers in South Korea and Japan.

Nevertheless, these blockchain trials do not involve the XRP currency itself, making the pace of the rally somewhat inexplicable, although its continuation is likely the product of the mainstream coverage it has received in the financial press — particularly at a time when the bitcoin price has been more or less stagnant

The Ethereum price, meanwhile, touched the historic $1,000 checkpoint on Coinbase, briefly lifting its market cap to a new all-time high of $101.1 billion, making it just the third cryptocurrency to achieve a $100 billion market cap.

ethereum price
Source: TradingView

Ethereum’s move is likely tied to the recent announcement that Casper, a consensus algorithm that will enable the network to transition to proof-of-stake (PoS), had entered alpha testing.

By the time of writing, both Ripple and Ethereum had ebbed significantly from their high-water marks, reducing their market caps to $124.3 billion and $99.4 billion, respectively, according to the BlockExplorer Market Cap Index.

The jostle for cryptocurrency’s silver podium, however, remains as heated as ever.

Featured Image from Pexels

This article was written with contributions from Isaac Rockett.