The #CoinEx exchange closes after 9 years 🚨 The exchange announced an orderly shutdown. Reason: a bear market, less volume, and ever-increasing compliance costs. Key dates: • Sep 15: no more registrations or new products • Sep 29: the spot market closes and they repurchase CET at 0.005 USDT • Dec 22: last day to withdraw They claim to have +100% reserves. Wallet and Vault are not affected—if you have funds there, withdraw as soon as possible. If you want to withdraw your tokens in their original form, do so before Sep 29. CoinEx Wallet and CoinEx Vault continue to operate. These are separate services. If you have an account there, don’t leave it for the end.