CoinEx announced that it would phase out operations. The exchange’s platform token CET then fell sharply, with the closing price at $0.0050. For users, the most important thing right now isn’t guessing whether there will be a rebound, but first confirming that your assets are safe.
We recommend checking the liquidation and withdrawal timeline as soon as possible through official channels, and completing withdrawals or cash-outs promptly. Don’t trust DMs offering to process withdrawals, “unfreezing” services, or unfamiliar links. If any suspicious permissions exist for your wallet, revoke them as soon as possible. During the period leading up to an exchange shutdown, buy-side liquidity is often insufficient, and volatility can be further amplified.
This is yet another reminder: an exchange is more like a trading conduit, and for long-term assets it’s best to keep them in your own wallet. Not your keys, not your coins. Will you withdraw to a self-custody wallet, or transfer to another platform?
#CoinEx #交易所安全 #Self-custody
We recommend checking the liquidation and withdrawal timeline as soon as possible through official channels, and completing withdrawals or cash-outs promptly. Don’t trust DMs offering to process withdrawals, “unfreezing” services, or unfamiliar links. If any suspicious permissions exist for your wallet, revoke them as soon as possible. During the period leading up to an exchange shutdown, buy-side liquidity is often insufficient, and volatility can be further amplified.
This is yet another reminder: an exchange is more like a trading conduit, and for long-term assets it’s best to keep them in your own wallet. Not your keys, not your coins. Will you withdraw to a self-custody wallet, or transfer to another platform?
#CoinEx #交易所安全 #Self-custody