BREAKING: Korean crypto exchange Coinone will no longer allow withdrawals to unverified external wallets (via Yogita_Khatri5)
South Korean crypto exchange Coinone will no longer allow withdrawals to non-verified external wallets.
"If you need to withdraw Coinone's virtual assets to another virtual asset wallet from January 24, 2022, in accordance with the fulfillment of the customer verification system obligation, you must register the wallet address to be able to withdraw,"External wallets include any wallets that third parties offer, including"hot" and"cold" storage options. But these wallets must be registerable or verifiable, i.e.
Since wallets such as MetaMask and Ledger do not require KYC, Coinone users won't be able to withdraw their funds to these wallets. Coinone customers need to submit information such as their full name, email addresses, and registered mobile phone number in order to verify their wallets. This information must be the same as the information recorded in Coinone. That means customers cannot register someone else's wallets.
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