$BTC
— CoinEx announces official closure of operations, with a deadline that could be costly for anyone leaving a forgotten balance there.
The exchange confirmed today (15/09) the end of its activities. The official reason, according to CoinEx’s own announcement, is a prolonged market downturn, declining trading volume and liquidity, and increased regulatory requirements across multiple jurisdictions.
See the closure schedule:
Today (15/09): closes new account registrations. Futures contracts only close positions—no new positions will be opened.
22/09: closes everything that is not spot trading. On-chain deposits are also closed (exception: CET, until 29/09).
29/09: closes spot trading. Any balance in assets other than USDT will be automatically converted to USDT.
22/12, at 02:00 UTC: closes the withdrawal window. This is the most important deadline—after it, anyone who forgets funds there will pay 5% per month on the stored value.
CoinEx states that users’ funds are 100% safe, backed by reserves above 100% of what’s necessary. This is not a default—it’s an orderly exit—but only for those who act within the deadline.
Be careful not to confuse the names: CoinEx (international, the one in this announcement) is different from Coinext, a Brazilian exchange with a similar-sounding name—an entirely separate company that is also winding down operations during the same period.
If you have a balance sitting idle on CoinEx, the message is clear: don’t wait until the last moment. Withdrawing calmly now is far more valuable than withdrawing under deadline pressure—or worse, while already paying fees.
And if you’re looking for where to migrate with more security and a strong compliance track record, Binance is today the world’s largest exchange—open your account directly here: https://www.binance.com/join?ref=UG3HWFPS
I learn, I teach, you truly win.
— CoinEx announces official closure of operations, with a deadline that could be costly for anyone leaving a forgotten balance there.
The exchange confirmed today (15/09) the end of its activities. The official reason, according to CoinEx’s own announcement, is a prolonged market downturn, declining trading volume and liquidity, and increased regulatory requirements across multiple jurisdictions.
See the closure schedule:
Today (15/09): closes new account registrations. Futures contracts only close positions—no new positions will be opened.
22/09: closes everything that is not spot trading. On-chain deposits are also closed (exception: CET, until 29/09).
29/09: closes spot trading. Any balance in assets other than USDT will be automatically converted to USDT.
22/12, at 02:00 UTC: closes the withdrawal window. This is the most important deadline—after it, anyone who forgets funds there will pay 5% per month on the stored value.
CoinEx states that users’ funds are 100% safe, backed by reserves above 100% of what’s necessary. This is not a default—it’s an orderly exit—but only for those who act within the deadline.
Be careful not to confuse the names: CoinEx (international, the one in this announcement) is different from Coinext, a Brazilian exchange with a similar-sounding name—an entirely separate company that is also winding down operations during the same period.
If you have a balance sitting idle on CoinEx, the message is clear: don’t wait until the last moment. Withdrawing calmly now is far more valuable than withdrawing under deadline pressure—or worse, while already paying fees.
And if you’re looking for where to migrate with more security and a strong compliance track record, Binance is today the world’s largest exchange—open your account directly here: https://www.binance.com/join?ref=UG3HWFPS
I learn, I teach, you truly win.
