IF YOU USE COINEX, DO NOT IGNORE THIS SHUTDOWN WARNING 🚨👀⚠️
On 15 September 2026, crypto exchange CoinEx announced it is shutting down after nearly 9 years 📉🏛️
Founded in December 2017, the platform cited three main pressures:
🔹 Market slump: Prolonged industry downturn dried up trading liquidity 📉
🔸 Regulation: Rising compliance rules and licensing demands globally ⚖️
🔹 High costs: Operating overhead exceeded sustainable limits 💸
Wind-down milestones:
🔶 15 Sept: Signups halt, and futures switch to reduce-only mode 🛑
🔷 22 Sept: Non-spot services stop, and blockchain deposits halt 🔒
🔸 29 Sept: Spot trading ends, and CoinEx Smart Chain (CSC) shuts down ⚙️
🔹 22 Dec: 90-day withdrawal window closes, and platform shuts down 🚪
Key points for holders:
💎 $CET buyback: Repurchased at 0.005 USDT on 29 September 2026 💰
💠 100% reserves: Customer assets are fully backed and ready to withdraw 🔐
💎 Penalty fee: Assets left after 22 December incur a 5% monthly fee ⚠️
did you ever trade on CoinEx? 👇
#CoinEx #CryptoNews #CryptoExchange #Trading
On 15 September 2026, crypto exchange CoinEx announced it is shutting down after nearly 9 years 📉🏛️
Founded in December 2017, the platform cited three main pressures:
🔹 Market slump: Prolonged industry downturn dried up trading liquidity 📉
🔸 Regulation: Rising compliance rules and licensing demands globally ⚖️
🔹 High costs: Operating overhead exceeded sustainable limits 💸
Wind-down milestones:
🔶 15 Sept: Signups halt, and futures switch to reduce-only mode 🛑
🔷 22 Sept: Non-spot services stop, and blockchain deposits halt 🔒
🔸 29 Sept: Spot trading ends, and CoinEx Smart Chain (CSC) shuts down ⚙️
🔹 22 Dec: 90-day withdrawal window closes, and platform shuts down 🚪
Key points for holders:
💎 $CET buyback: Repurchased at 0.005 USDT on 29 September 2026 💰
💠 100% reserves: Customer assets are fully backed and ready to withdraw 🔐
💎 Penalty fee: Assets left after 22 December incur a 5% monthly fee ⚠️
did you ever trade on CoinEx? 👇
#CoinEx #CryptoNews #CryptoExchange #Trading
