ASSEMBLE & Coinone Listing on the KRW Market

ASSEMBLE is getting listed on Coinone’s cryptocurrency exchange!

ASSEMBLE Protocol
ASSEMBLEPROTOCOL
3 min readMay 14, 2020

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ASSEMBLE protocol is a blockchain-based global point integration platform that exploits ASM utility tokens, whilst establishing a business ecosystem that can integrate, utilize existing points and miles with point providers, consumers and merchants.

We are thrilled to announce, that the ASSEMBLE Protocol’s ASM token is going to be listed today on the KRW market of the cryptocurrency exchange, Coinone. South Korean cryptocurrency exchange Coinone started its operations back in October 2014. Currently, it is broadly recognized as one of the best cryptocurrency exchanges in the world. After being listed, holders of ASSEMBLE’s ASM tokens will be able to trade them on the KRW market at Coinone.co.kr.

As a matter of fact, Coinone runs a very rigorous review process before giving any project a chance to get listed on its exchange. For the project to be listed on Coinone, there is a mandatory 9-step auditing process that has to be accomplished. This includes a thorough review of one’s business plan, transparency of one’s governance structure, the token distribution plan, the company’s vision and values, market scale, practicality, team building, road map progress rate, and the eventual marketability of the project.

We are pleased to announce to our community that the ASSEMBLE Protocol has successfully passed the review process of Coinone by satisfying all these imposed requirements. In fact, this is the very first time that the ASSEMBLE Protocol’s ASM token will be listed on a cryptocurrency exchange. The ASSEMBLE Protocol’s team believes that this move will open up a lot more opportunities for users of the ASSEMBLE platform. Most importantly, being listed enables the ASM tokens to be conveniently traded on the KRW market.

I am truly happy that ASSEMBLE is getting listed on the quite well-known Korean cryptocurrency exchange, Coinone. Our team will proceed to work on further listings of our ASM token on other cryptocurrency exchanges in order to reinvigorate and secure its liquidity.

Lee-Chae-Beom, CEO of ASSEMBLE Protocol

Listing details

Coinone will list the ASSEMBLE Protocol token (ASM). The Coinone Exchange supports ASM/KRW trading so that you can buy and sell ASM directly with KRW. For more details related to ASM please refer to the ‘ASSEMBLE Protocol(ASM)’ specification page provided by Coinone.

For more information, please see below:

1. ASM’s Trading Information (see full disclosure)

1) Cryptocurrency name
- English notation: ASSEMBLE Protocol
- Cryptocurrency unit: ASM
※ ASM’s reference price: based on a private sale price of 24 KRW

2) Listing Schedule
- Deposit: Thursday, May 14, 2020, 10 AM(KST)
- Trading
a) Sell: Thursday, May 14, 2020, 12 PM(KST)
b) Buy: Thursday, May 14, 2020, 12:05 PM(KST)
- Withdrawal: Monday, May 18, 2020, 12 PM(KST)

3) Base currency: available in KRW

4) Trading fee
- Trading fee: 0.1 % (Notes: Changes to Coinone’s KRW market and the end of some cryptocurrency fee reductions)

5) Deposit and withdrawal fee
- Deposit fee: None
- Withdrawal fee: 80 ASM

2. ASSEMBLE Protocol’s (ASM) Project Information

- Smart Contract Security Audit Report (Check the link)

3. Investment note

  • Coinone does not make any investment recommendations related to cryptocurrency listings.
  • Please be aware that there is a risk of loss of principal due to price fluctuations in cryptocurrency transactions.

Keep Updated with ASSEMBLE Platform!

Thank you for reading. If you would like to keep updated with ASSEMBLE’s activities, please follow our social media channels below.

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