South Korea's leading cryptocurrency exchange Coinone has released an application that can simplify the authentication procedure needed for cryptocurrency transactions.
Coinone announced on Aug. 19 that it has launched the “Coinone Pass” app which allows users to simply authenticate themselves to use the exchange’s services. Now, new members of Coinone can easily use its cryptocurrency trading services through the new app without going through the existing authentication paths. Existing members can also initialize their authentication information through the app.
The authentication services supported by the Coineone Pass app include the change of cellphone numbers, registration and initialization of won-denominated savings and withdrawal accounts, registration and initialization of one-time password (OTP) systems and cancellation of cryptocurrency withdrawal limits. Various authentication methods are used according to the purpose of authentication, such as SMS, ARS and biometric authentication.