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Coinone YGG Event Winners & Reward Distribution Notice [Feb 2026]
Coinone, a virtual asset exchange, has announced the distribution of benefits to participants in its “Coinone Day with YGG” event. The event, which ran from 10:00 to 23:59 on February 1, 2026, rewarded users for trading 5,000 won worth of assets.
Event Details and Benefit Distribution
Winners of the “Coinone Day with YGG” event will receive their rewards starting February 5, 2026, at 17:00 KST. Benefits will be distributed sequentially, meaning not all winners will receive them at the same time. Participants can check their event code status via their account’s “My Page/More” section.
Important Considerations for Recipients
To ensure benefit receipt, users must maintain consent for event and benefit notifications. These settings can be adjusted under “More > Settings > Notifications > Event & Benefit Notifications.” Benefits, which are equivalent in value to the Korean Won, may be distributed as virtual assets. The exchange notes that the value of virtual assets is not guaranteed.
Recipients should be aware that these benefits are considered additional income and may be subject to comprehensive taxation if annual other income exceeds 3,000,000 won. A 22% tax will be deducted from benefits exceeding 50,000 won, with the remaining amount being credited to the user’s account.
Potential Future Scenarios
Coinone reserves the right to modify or terminate the event due to unforeseen circumstances or changes in relevant laws. Participants who engage in fraudulent activities, such as account manipulation or unfair trading practices, may be disqualified. The exchange also states that benefit payment dates and the specific virtual assets distributed could change.
Benefits will be credited to users’ Coinone accounts, contingent upon a linked KakaoBank account and completion of customer verification requirements. Account termination or violation of terms and conditions prior to benefit distribution may result in forfeiture.
Risk Disclosure
Coinone explicitly states that virtual assets are high-risk investments and carry the potential for partial or complete loss of investment. The exchange advises users to carefully review whitepapers and related documentation before engaging in virtual asset trading.
Frequently Asked Questions
What is the event period for “Coinone Day with YGG”?
The event period was February 1, 2026, from 10:00 to 23:59 KST.
When will the benefits be distributed?
Benefits will be distributed sequentially starting February 5, 2026, at 17:00 KST.
What happens if I violate the terms and conditions after winning a benefit?
If a user violates the terms and conditions or terminates their account before benefit distribution, they may be ineligible to receive the benefit.
Given the inherent risks associated with virtual assets, how do you approach evaluating potential investments in this space?