coinest

Founded in 2017, Coinest was a cryptocurrency exchange based in Seoul, South Korea. The company aimed to provide a secure and efficient platform for users to trade a diverse range of digital currencies, including major assets and newly listed tokens. As one of the early players in the booming South Korean crypto market, it gained significant user attention. However, the exchange faced challenges from intense competition, evolving regulatory pressures, and severe damage to its reputation from legal issues involving its management. Coinest ultimately ceased all operations and announced the termination of its services on April 18, 2022.