coinex

COINEX OFFICIALLY SHUTS DOWN AFTER 9 YEARS

One of the crypto industry's established exchanges, CoinEx, has officially announced an orderly cessation of operations.

Key Details:
➤ Shutdown begins: September 15, 2026
➤ Spot trading ends: September 29
➤ Withdrawals close: December 22, 2026
➤ CET repurchase: 0.005 USDT per token
➤ CoinEx Smart Chain & OneSwap will cease operations

CoinEx cited falling trading volumes, reduced liquidity, rising regulatory costs, and operational uncertainties.

Important for Users: Non-USDT assets may be converted into USDT after September 29. Withdraw assets in their original form before 02:00 UTC on September 29.

#CoinEx states that user assets are fully backed by reserves exceeding 100%.

🚨 CoinEx to Shut Down

After nearly 9 years, CoinEx will wind down operations, citing declining trading activity, liquidity and rising regulatory costs.

📅 Spot trading ends: Sept. 29
💰 Withdrawals close: Dec. 22

A major reminder of how much regulatory pressure crypto exchanges are facing.

#CoinEX #Crypto #BinanceSquare

CoinEx is shutting down after nine years of operation, forcing users to quickly rethink their exchange exposure.

#CoinEx #CEXRisk ‎

⚠️ $COINEX SHUTDOWN ALERT: ORDERLY EXIT OR LIQUIDITY SWEEP? 🦈

📊 CoinEx signals the final curtain after nine years, leaving a withdrawal window open until Dec 22. CZ’s nod to the “orderly” process hints that smart‑money whales have already cleared positions, sidestepping the messy QuadrigaCX fallout. ⚡ The market’s pulse shows a subtle sell‑off as users scramble for exits, but the limited window caps the upside for any late‑comers.

💡 With the crypto winter still humming, watch for a potential liquidity vacuum that could ripple into adjacent CEXs. 💬 Are you already reallocating your assets or waiting for the dust to settle? 👇

⚠️ Not financial advice. Always manage your risk. 🛡️

🏷️ #COINEX #CEXShutdown #LiquiditySweep #CryptoWinter

🔥 💎

#CoinEx has announced an orderly wind-down of its platform due to persistent market downturns, shrinking trading liquidity, and rising compliance costs. New user registrations and leverage order creation were suspended on September 15, 2026, marking the start of a phased shutdown.
Non-spot products—including futures, margin, lending, and yield services—along with on-chain deposit channels will halt permanently on September 22, 2026. All spot trading pairs will turn off completely on September 29, 2026, at which point any unhandled native #CoinEX Tokens ($CET) will be automatically repurchased at 0.005 $USDT per token.
Users have until 02:00 UTC on December 22, 2026, to withdraw their assets, backed by a verified Proof-of-Reserves ratio exceeding 100%. Balances left on the exchange past this final deadline will be subject to a 5% monthly storage fee, though standalone products like CoinEx Wallet and CoinEx Vault will remain unaffected and fully operational.
#SouthKoreaCryptoTaxDelayPetitionTops50000

Move your funds before the deadline

CoinEx is pulling the plug after nine years. They cite low liquidity and crushing regulatory costs as the main reasons for the exit. Withdrawals stay open until December 22. Move your assets now.

#CoinEx #MarketContraction ‎

🚨 $COINEX SHUTDOWN ALERT: LIQUIDITY SINKING FAST 🛑

The sudden wind‑down of $COINEX is a textbook liquidity vacuum. After nine years of battle, the platform is flipping to reduce‑only mode, then pulling the plug on contracts, staking and spot. 🦈 Smart money is already siphoning off the remaining depth.

With market volume already in a prolonged slump, this exit could trigger a short‑term squeeze on related pairs as traders scramble to reclaim positions before the December freeze. 📊 Keep an eye on order‑book imbalances and be ready to adjust exposure. 💬 How are you positioning ahead of the final withdrawal deadline? 👇

⚠️ Not financial advice. Always manage your risk. 🛡️

🏷️ #COINEX #ExchangeShutdown #Liquidity #Crypto #MarketShift

🔥 💎

It is said that CoinEx shutdown was forced. The platform, however, has money, and the layoffs came with N+1. The main reason is because it helped Iran and North Korea launder money? Later it couldn’t be covered up anymore—don’t know if it’s true.
CoinEx shutdown timeline
Sep 15: Stop new user registrations; futures contracts only allow reducing positions, not opening new ones.
Sep 22: Close all non-spot businesses, including margin, contracts, wealth management, etc.
Sep 29: Completely shut down spot trading; the platform repurchases all CET in users’ accounts at 0.005 USDT.
Dec 22: Withdrawals cutoff; after that, the platform is completely closed. If you miss the deadline and don’t raise it in time, your assets are transferred to custody, and a 5% custody fee of the balance is charged every month.
In the end, Xiaohuihui wants to say: Don’t go play with small exchanges. Don’t be lured by that little Mei BD—by then, your principal won’t even be there.
#CoinEx

Second-tier exchange #CoinEX is about to be shut down.
From now until December 22, withdrawals are being processed in an orderly manner.
If you have assets on CoinEX, remember to take action.
It’s also a dignified way to exit—there’s nothing to be ashamed of.
The bear market is getting deeper and deeper.
Whether it’s exchanges or individuals, everyone is facing immense pressure.
We don’t know how many people can safely make it to the next cycle.
Let’s work together.
Hope $BTC lives up to every #BTCHOLDER .

✅They left Coinex on a small one that wanted to be big!

‌📢 CoinEx will close operations: these are the deadline dates to withdraw funds

CoinEx officially announced the cessation of its operations and the start of an orderly closure process that will culminate on December 22, 2026. The exchange assures that it maintains reserves above 100% and asks its users to withdraw their assets before the deadline. CoinEx, one of the cryptocurrency exchanges with…

#CoinEX #cierre #retiro #usuarios #TradingCommunity $BTC

📢CoinEx announces shutdown! #CZ shares his thoughts 💬
On September 15, the crypto exchange #CoinEX , which has been operating for nearly 9 years, officially announced that it would stop operations. The withdrawal channels will be kept until December 22, and users can withdraw their assets before then.
CZ also shared his views on this matter. He mentioned that during this bear market cycle, many CEX platforms have shut down one after another. But this time, users can still withdraw funds normally, which stands in sharp contrast to the bad situation like QuadrigaCX, where assets could not be retrieved.
The platform will shut down its various services in phases. It reminds users holding assets to pay attention to the time nodes and handle their assets as early as possible.

CoinEx announces it is closing due to the crypto winter, CZ responds

- CoinEx will shut down after nearly 9 years of operation, citing the “crypto winter,” reduced liquidity, and high compliance costs.
- The users’ fund is still guaranteed in full, with withdrawals open until December.
- Changpeng “CZ” Zhao (Binance founder) believes that closing during this cycle at least helps users withdraw.
#BinanceSquare #CryptoNews #COINEX

$btc $eth

#vlikevn #Titanbot

Source: CoinGape

Seeing the news that CoinEx announced it would stop operations, the most important thing isn’t to discuss emotions—it’s to take action on your assets immediately. Users who still have a balance should verify the announcement as soon as possible through official channels, confirm the specific times when deposits, trading, and withdrawals will be stopped, and withdraw to a wallet you control or to another platform before the deadline. Pending orders, wealth management accounts, and sub-accounts should also be checked in advance.

We recommend that you also keep screenshots of your asset transaction records. Don’t click on any unknown links, and don’t provide verification codes, passwords, or seed phrases to so-called customer service. Once the exchange enters its shutdown phase, any delays may increase withdrawal costs and uncertainty. The market can wait—asset migration cannot.

#CoinEx #交易所动态 # asset security

Seeing CoinEx’s announcement about shutting down, the most important thing isn’t to debate the reasons, but to immediately handle your account assets. Once the platform enters the wind-down process, logins, customer support, and withdrawal channels may all slow down. Waiting until the deadline only increases uncertainty.

It’s recommended that you do a few things as soon as possible: log in and verify your balance via official channels; cancel any open orders, wealth management products, and sub-account authorizations; withdraw your assets to a wallet you control with your own private key or to another exchange platform; and save screenshots of your holdings, withdrawal records, and the announcements.

At the same time, be wary of DMs impersonating customer support and phishing links. All withdrawal operations must be done through official entry points. What a shut-down platform fears most is delay—withdraw early, confirm early, and get out of risk early.

#CoinEx #提币提醒 #交易所安全

Another centralized exchange has announced that it is stopping its services. CoinEx users must complete withdrawals before the official deadline.

Recommended action immediately: log in to the official website to check the announcement, transfer assets out of your spot and wealth-management accounts, cancel any unfilled orders and automatic strategies, and properly save your withdrawal records. If you receive unsolicited DMs such as “customer service assistance” or “secure transfers,” assume they are scams. All actions must be carried out only through official channels.

This incident once again reminds you: assets kept on an exchange are essentially your claim against the platform. In a bull market even more, regularly clean out idle accounts; if you can self-custody, do so—never expose your private keys or recovery phrases to the internet.

Don’t wait until the deadline. On-chain congestion or verification delays may put you in a passive position. Check now, and after you withdraw, make a small test transaction.

#CoinEx #交易所安全 #Withdrawal

CoinEx announced it will stop operations, and the time window for users to manage their assets has been clearly defined. If you still have spot holdings, wealth management products, or outstanding unfilled orders on the platform, we recommend that you log in to the official website or app immediately to check the official announcement, and do not click on any links in private messages.

The processing order can be very clear: first cancel open orders, then redeem wealth management products, and then transfer the assets to a self-custody wallet or another trading platform. When withdrawing, carefully verify the chain network, address, and gas fee; if necessary, do a small-amount test first. As the deadline approaches, network congestion and customer support queue times may become more noticeable—it's best to complete everything in advance.

Keeping assets on the platform that is about to close will not generate any additional returns, but will only increase uncertainty. Please check your assets and complete withdrawals as soon as possible, and also remind any friends who have used CoinEx.

#CoinEx #交易所提醒 #Withdrawal

Another exchange has announced a shutdown. CoinEx users really need to put withdrawals on the schedule this time.

Here are a few key actions for those still on the fence:

1. Log in to the official website immediately to confirm the shutdown announcement and the withdrawal deadline—don’t wait until the last day. Network congestion and long customer support queues can leave you stuck.
2. Withdraw whatever you can. Transfer your assets to a wallet address you control, and double- and triple-check the chain name and address. Transactions to the wrong chain are essentially unrecoverable.
3. Be highly alert to fake customer service, fake “airdrops,” and fake “unfreeze” links. During a platform shutdown period, phishing attempts peak. The official will not DM you to request a verification code or password.
4. If you can’t withdraw temporarily, take screenshots to save your asset balance, order records, and the announcement page—keep solid evidence for any later complaint or rights protection.

An exchange is only a trading channel, never a long-term wallet. This time it’s CoinEx, but the lesson applies to all small and mid-sized platforms: keep idle assets as much as possible on major platforms or in self-custody wallets. When the private key is in your own hands, you can sleep soundly at night.

#CoinEx

CoinEx announced it is shutting down, and social media is already calling it “the next FTX.”

I went through both the announcement itself and the market reaction.

First, the conclusion: this looks like a controllable event, not the next systemic crisis—but “controllable” doesn’t mean there’s no risk. The key is whether withdrawals can be completed cleanly.

The announcement is structured in a fairly orderly way: it sets a withdrawal window, changes futures to only reduce positions, shuts down in phases, and repurchases CET at a fixed price. This isn’t an abrupt freeze-and-run architecture; it’s a planned exit process.

But a well-designed process doesn’t guarantee it can be carried out. The claim that the reserve ratio is over 100% doesn’t prove liabilities were calculated correctly, that assets are truly liquid, or that withdrawals under pressure can actually run smoothly. The numbers on the reserves page and the money that actually arrives are two different things.

The online debate is intense—196 quotes and 88 reposts suggest people are arguing, not just echoing. There are three camps of views: “another exchange blows up,” “a dignified exit under compliance,” and “CET holders are going to be liquidated.”

Just because the noise is loud doesn’t mean the judgment is right. The “next FTX” framing doesn’t hold up at the moment—unless withdrawals really get stuck, assets are genuinely discounted, and custody/settlement processes truly run into trouble, then the claim would carry weight. Likewise, the “100% reserves, so it’s safe” argument also doesn’t stand. A reserves statement isn’t an audit.

What’s really being hurt are CET, CoinEx’s own liquidity, CSC, and the few other assets tied to it—not major assets like Bitcoin that would be directly dragged down, unless the withdrawal process actually collapses and the issue propagates.

The CET buyback price of 0.005 USDT is a reference clearing price, not a value floor.

Next, the signals to watch are simple: whether withdrawals can be completed smoothly. Everything else is just noise.

#CoinEx #加密货币

📰 CoinEx, which has operated for nearly 9 years, announced that it will cease exchange operations. The reasons given by the platform are very straightforward: the market has been sluggish for a long time, trading volume and liquidity have shrunk, and regulatory and compliance costs have already exceeded what it can reasonably bear.
🔥 The shutdown schedule is fast. Starting September 15, new registrations will stop; derivatives contracts can only be reduced/closed. On September 22, all non-spot services will be shut down. On September 29, spot trading will be closed as well; CSC and OneSwap will also be taken offline in sync. If you want to withdraw assets in the original coins, you must process them before 02:00 (UTC) on September 29.

⚠️ After that, coins that have external liquidity will be sold in batches and converted into USDT. Assets without external liquidity may see wallet maintenance stop. The final withdrawal deadline is 02:00 (UTC) on December 22; any overdue balances will be moved to independent custody and a 5% custody fee will be charged each month.

💡 CET handling has also been set: the platform will place buyback orders for CET at 0.005 USDT per coin from September 15 to 29. After the 29th, any remaining CET in accounts will be automatically converted to USDT, with no other redemption arrangements. CoinEx Wallet and CoinEx Vault are not included in this shutdown.
To be honest, after going through the 2023 incident where hot wallet private keys were stolen and losses of about $70 million were incurred, CoinEx was ultimately squeezed out by the combined pressure of security investment, liquidity needs, and compliance costs. The announcement also emphasizes that this is the final official notice; any subsequent so-called “supplementary rules” will be treated as fraud.

🤔 Do you still have assets on CoinEx? Are you planning to withdraw directly, or first convert small coins into USDT?

#CoinEx #CET #交易所停运 #asset safety