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coinex

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AftabHassan5911
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🚨 COINEX IS SHUTTING DOWN — THIS IS A BIG WARNING FOR CRYPTO 🚨.. Guys, this is definitely something the crypto market should pay attention to. 👀.. After nearly 9 years of operation, CoinEx is shutting down most of its trading services, with the process expected to be completed by September 29, 2026. Withdrawals will reportedly remain available until December 22, 2026... Now, CoinEx may not be the biggest exchange in the industry, but every exchange shutdown sends a message. ⚠️ The current market environment is putting serious pressure on crypto businesses. 📉 Lower trading volumes 💧 Reduced liquidity 🏦 Rising regulatory & compliance costs 🔥 Tougher competition When liquidity gets weaker, trading opportunities can decrease, competition between exchanges can fall, and smaller projects can face even more difficulty getting exposure and access to users. For me, the bigger takeaway is simple: Crypto needs strong, sustainable infrastructure that can survive both bull AND bear markets. 💯 Bull markets make everything look easy. The real test comes when the market gets difficult. This is something I’ll be watching closely across the industry. 👀 What do you guys think — is this just one exchange shutting down, or a bigger warning about the current crypto environment? $ZEC $CAP $LSK #CoinEx #CryptoMarket #ZEC #CAP #LSK @Binance_Square_Official {future}(ZECUSDT) {future}(CAPUSDT) {future}(LSKUSDT)
🚨 COINEX IS SHUTTING DOWN — THIS IS A BIG WARNING FOR CRYPTO 🚨..
Guys, this is definitely something the crypto market should pay attention to. 👀..
After nearly 9 years of operation, CoinEx is shutting down most of its trading services, with the process expected to be completed by September 29, 2026. Withdrawals will reportedly remain available until December 22, 2026...
Now, CoinEx may not be the biggest exchange in the industry, but every exchange shutdown sends a message. ⚠️
The current market environment is putting serious pressure on crypto businesses.

📉 Lower trading volumes
💧 Reduced liquidity
🏦 Rising regulatory & compliance costs
🔥 Tougher competition

When liquidity gets weaker, trading opportunities can decrease, competition between exchanges can fall, and smaller projects can face even more difficulty getting exposure and access to users.
For me, the bigger takeaway is simple:
Crypto needs strong, sustainable infrastructure that can survive both bull AND bear markets. 💯
Bull markets make everything look easy.
The real test comes when the market gets difficult.
This is something I’ll be watching closely across the industry. 👀
What do you guys think — is this just one exchange shutting down, or a bigger warning about the current crypto environment?
$ZEC $CAP $LSK

#CoinEx #CryptoMarket #ZEC #CAP #LSK @Binance Square Official
CoinEx is pulling the plug after nine years, blaming the crypto winter and mounting compliance costs. If you have bags on there, you better withdraw everything before the December deadline. #CoinEx ‎
CoinEx is pulling the plug after nine years, blaming the crypto winter and mounting compliance costs. If you have bags on there, you better withdraw everything before the December deadline.

#CoinEx
❗️🔴 COINEX SHUTTING DOWN ❗️ ⭐ According to an announcement on the official CoinEx website, the exchange has announced that it will gradually cease operations after nearly 9 years. ❗️CoinEx cited the prolonged downturn in the cryptocurrency market, declining trading volume and liquidity, and rising legal and regulatory costs as the main reasons behind the decision. 📅 According to the announcement: 🔹 September 15: New user registrations will stop. Futures trading will switch to Reduce-Only mode, meaning existing positions can only be reduced or closed. 🔹 September 22: Futures trading, staking, lending, and other non-spot services will be suspended. 🔹 September 29: All spot trading will be suspended. 🔹 December 22: Withdrawals will be closed, and the platform will be completely shut down. ⚠️ CoinEx users should review their positions and withdraw their assets before the final deadline. #CoinEx #Crypto #Bitcoin #Cryptocurrency
❗️🔴 COINEX SHUTTING DOWN ❗️

⭐ According to an announcement on the official CoinEx website, the exchange has announced that it will gradually cease operations after nearly 9 years.

❗️CoinEx cited the prolonged downturn in the cryptocurrency market, declining trading volume and liquidity, and rising legal and regulatory costs as the main reasons behind the decision.

📅 According to the announcement:

🔹 September 15: New user registrations will stop. Futures trading will switch to Reduce-Only mode, meaning existing positions can only be reduced or closed.

🔹 September 22: Futures trading, staking, lending, and other non-spot services will be suspended.

🔹 September 29: All spot trading will be suspended.

🔹 December 22: Withdrawals will be closed, and the platform will be completely shut down.

⚠️ CoinEx users should review their positions and withdraw their assets before the final deadline.

#CoinEx #Crypto #Bitcoin #Cryptocurrency
#CoinEx CoinEx has officially announced it is shutting down permanently after nine years in operation. Citing an unsustainable prolonged crypto market downturn, falling trading volumes, and rising regulatory compliance costs, the exchange has initiated a phased shutdown beginning September 15, 2026. [1, 2, 3] If you have assets on the platform, CoinEx states that all user funds are 100% backed and safe to withdraw, but you must act quickly according to their orderly wind-down timeline: [1, 2] $BTC {spot}(BTCUSDT) $AAPL.US {stock_us}(AAPL.US) $ETH {future}(ETHUSDT)
#CoinEx

CoinEx has officially announced it is shutting down permanently after nine years in operation. Citing an unsustainable prolonged crypto market downturn, falling trading volumes, and rising regulatory compliance costs, the exchange has initiated a phased shutdown beginning September 15, 2026. [1, 2, 3]

If you have assets on the platform, CoinEx states that all user funds are 100% backed and safe to withdraw, but you must act quickly according to their orderly wind-down timeline: [1, 2]
$BTC
$AAPL.US
$ETH
BTC-1.20%
ETH-2.78%
AAPLUS-0.01%
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Bearish
Verified
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 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%.
206 Atlas:
A $0.005 CET buyback is insulting to holders. This signals a total loss of confidence in the token's utility and future value.
CoinEx is shutting down after nine years of operation, forcing users to quickly rethink their exchange exposure. #CoinEx #CEXRisk ‎
CoinEx is shutting down after nine years of operation, forcing users to quickly rethink their exchange exposure.

#CoinEx #CEXRisk
CoinEx will shut down its exchange by December 2026 #CoinEx will wind down its operations and gradually discontinue all services, citing a prolonged crypto market downturn, falling trading volumes and liquidity, and increasing regulatory and compliance requirements across key jurisdictions. CoinEx began winding down operations on September 15th, halting new registrations and restricting or closing several services. Non-spot services and most deposits will end on September 22nd, followed by spot trading on September 29th. Users can withdraw assets until CoinEx fully shuts down on December 22nd, 2026. CoinEx advises users to withdraw funds early to avoid potential network delays. From September 29th, assets with sufficient external liquidity will be sold on external markets and converted to USDT, with the proceeds credited to users’ spot accounts. 👉 theblock.co/news/business/2026-09-15-coinex-shut-down-414788
CoinEx will shut down its exchange by December 2026

#CoinEx will wind down its operations and gradually discontinue all services, citing a prolonged crypto market downturn, falling trading volumes and liquidity, and increasing regulatory and compliance requirements across key jurisdictions. CoinEx began winding down operations on September 15th, halting new registrations and restricting or closing several services. Non-spot services and most deposits will end on September 22nd, followed by spot trading on September 29th. Users can withdraw assets until CoinEx fully shuts down on December 22nd, 2026.

CoinEx advises users to withdraw funds early to avoid potential network delays. From September 29th, assets with sufficient external liquidity will be sold on external markets and converted to USDT, with the proceeds credited to users’ spot accounts.

👉 theblock.co/news/business/2026-09-15-coinex-shut-down-414788
#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 $USDT per token. Users have until 02:00 UTC on December 22, 2026, to withdraw their assets, backed by a verified Proof-of-Reserves ratio exceeding 100%. Balances left on the exchange past this final deadline will be subject to a 5% monthly storage fee, though standalone products like CoinEx Wallet and CoinEx Vault will remain unaffected and fully operational. #SouthKoreaCryptoTaxDelayPetitionTops50000
#CoinEx has announced an orderly wind-down of its platform due to persistent market downturns, shrinking trading liquidity, and rising compliance costs. New user registrations and leverage order creation were suspended on September 15, 2026, marking the start of a phased shutdown.
Non-spot products—including futures, margin, lending, and yield services—along with on-chain deposit channels will halt permanently on September 22, 2026. All spot trading pairs will turn off completely on September 29, 2026, at which point any unhandled native #CoinEX Tokens ($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
AngelOfCrypto_-:
nice
🚨 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 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 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 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

🔥 💎
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 ‎
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 🔥 💎
🚨 $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

🔥 💎
Verified
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 .
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 .
Verified
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
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
CoinEx announced that it will gradually cease operations. The latest quote for the platform token CET is around 0.0050 USDT, and the price is clearly under pressure. For users holding coins, the most important thing right now is not to speculate about how far prices might fall, but to follow the official announcements: confirm the arrangements for deposits, withdrawals, trading, and subsequent migration, and make asset and risk-control checks as soon as possible. When an exchange enters its entry/exit cycle, fluctuations may be amplified through factors such as platform-token liquidity, spreads, and market sentiment. Those who do not hold positions should not blindly “catch the knife” solely because the price is low. Those who already hold positions should also avoid treating short-term rebounds as a fundamental reversal. Going forward, keep an eye on the official timetable.#CoinEx #CET #Exchange Updates
CoinEx announced that it will gradually cease operations. The latest quote for the platform token CET is around 0.0050 USDT, and the price is clearly under pressure. For users holding coins, the most important thing right now is not to speculate about how far prices might fall, but to follow the official announcements: confirm the arrangements for deposits, withdrawals, trading, and subsequent migration, and make asset and risk-control checks as soon as possible. When an exchange enters its entry/exit cycle, fluctuations may be amplified through factors such as platform-token liquidity, spreads, and market sentiment. Those who do not hold positions should not blindly “catch the knife” solely because the price is low. Those who already hold positions should also avoid treating short-term rebounds as a fundamental reversal. Going forward, keep an eye on the official timetable.#CoinEx #CET #Exchange Updates
CoinEx announced that it would gradually stop operations; the platform token CET subsequently came under pressure, closing at $0.0050. For users, what matters most right now isn’t guessing how far prices will fall, but logging into the official website to verify the announcement, checking account assets, and completing withdrawals or transfers according to the timetable. Gradual shutdowns usually mean that functions such as registration, trading, and deposits/withdrawals will be progressively restricted; the further it goes, the higher the uncertainty. Do not click on links in DMs, and don’t trust so-called agents who claim to handle withdrawals—everything should be handled through official channels. The exchange exit period is often also a high-risk time for phishing and scams. If you still hold positions, it’s recommended that you quickly verify your spot holdings, wealth-management products, and open orders, and move your assets to a wallet you control or another trusted platform. Price volatility will eventually pass, but asset safety should always come before returns.#CoinEx #交易所安全 #Cryptocurrency
CoinEx announced that it would gradually stop operations; the platform token CET subsequently came under pressure, closing at $0.0050. For users, what matters most right now isn’t guessing how far prices will fall, but logging into the official website to verify the announcement, checking account assets, and completing withdrawals or transfers according to the timetable. Gradual shutdowns usually mean that functions such as registration, trading, and deposits/withdrawals will be progressively restricted; the further it goes, the higher the uncertainty. Do not click on links in DMs, and don’t trust so-called agents who claim to handle withdrawals—everything should be handled through official channels. The exchange exit period is often also a high-risk time for phishing and scams. If you still hold positions, it’s recommended that you quickly verify your spot holdings, wealth-management products, and open orders, and move your assets to a wallet you control or another trusted platform. Price volatility will eventually pass, but asset safety should always come before returns.#CoinEx #交易所安全 #Cryptocurrency
Another exchange has chosen an orderly exit. CoinEx announced a phased shutdown; the platform token CET closed at $0.0050. The price itself has already reflected the market’s concern that the value of a platform token is deeply tied to the exchange’s operations. For ordinary users, there’s no need to rush into “buying the dip” at this moment, and you should not trust paid/assisted liquidation (“代退”),代操作 (someone else performing transactions), or compensation links outside official community groups. The most important things to do are: (1) keep checking official announcements, (2) confirm the withdrawal deadlines and the timing for shutdown of each stage’s functions, and (3) move your assets to a wallet you control or to another compliant platform as soon as possible. When doing so, watch for on-chain congestion and transaction fees, and keep records of withdrawals. Platform tokens often rely on exchange fee entitlements, buybacks, and ecosystem use cases. Once the operating entity contracts, liquidity and expectations may weaken in parallel. This incident once again serves as a reminder: an exchange is only a gateway, not a long-term asset “safe box.” Holding large amounts of assets yourself and spreading smaller amounts across different places is a safer habit. #CoinEx #交易所动态 #Risk Management
Another exchange has chosen an orderly exit. CoinEx announced a phased shutdown; the platform token CET closed at $0.0050. The price itself has already reflected the market’s concern that the value of a platform token is deeply tied to the exchange’s operations.

For ordinary users, there’s no need to rush into “buying the dip” at this moment, and you should not trust paid/assisted liquidation (“代退”),代操作 (someone else performing transactions), or compensation links outside official community groups. The most important things to do are: (1) keep checking official announcements, (2) confirm the withdrawal deadlines and the timing for shutdown of each stage’s functions, and (3) move your assets to a wallet you control or to another compliant platform as soon as possible. When doing so, watch for on-chain congestion and transaction fees, and keep records of withdrawals.

Platform tokens often rely on exchange fee entitlements, buybacks, and ecosystem use cases. Once the operating entity contracts, liquidity and expectations may weaken in parallel. This incident once again serves as a reminder: an exchange is only a gateway, not a long-term asset “safe box.” Holding large amounts of assets yourself and spreading smaller amounts across different places is a safer habit.

#CoinEx #交易所动态 #Risk Management
CoinEx announced that it will gradually cease operations, and the closing price of platform coin CET has fallen to about $0.0050. Compared with an abrupt “rug pull,” a phased shutdown has at least provided users with a window to withdraw and migrate, but for coin holders, the liquidity and outlook for platform tokens are being rapidly re-evaluated. Right now, the most important thing is not to rush into bargain-buying, but to log in to check your assets and complete withdrawals or migrations according to the official announcement, while also watching out for phishing sites and fake customer support. This incident once again serves as a reminder: exchanges are better suited as short-term channels, and large assets should be prioritized for self-custody—holding your own keys is safer. #CoinEx #CET #交易所安全
CoinEx announced that it will gradually cease operations, and the closing price of platform coin CET has fallen to about $0.0050. Compared with an abrupt “rug pull,” a phased shutdown has at least provided users with a window to withdraw and migrate, but for coin holders, the liquidity and outlook for platform tokens are being rapidly re-evaluated.

Right now, the most important thing is not to rush into bargain-buying, but to log in to check your assets and complete withdrawals or migrations according to the official announcement, while also watching out for phishing sites and fake customer support. This incident once again serves as a reminder: exchanges are better suited as short-term channels, and large assets should be prioritized for self-custody—holding your own keys is safer.

#CoinEx #CET #交易所安全
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
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
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
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
Kato Crypto:
the detail most people will skip is the withdrawal window running to December, dormant accounts are exactly the ones that miss a deadline like that 👀 an orderly wind down with funds intact is rarer than it should be in this industry 🙌
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