JUST IN: Cryptocurrency exchange CoinEx to shut down all operations.
CoinEx says it is NOT taking users’ funds.
It says its reserves are above 100% and that user assets are fully backed and available for withdrawal.
Users have until December 22, 2026 to withdraw their assets.
The important timeline is:
September 15: New registrations stop and several services are already being restricted.
September 22: Futures, margin, lending, staking and other non-spot services shut down.
September 29: Spot trading stops. December 22: Final deadline for withdrawals and the exchange closes.
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If I have crypto sitting on CoinEx, I would not wait until December.
CoinEx itself is advising users to withdraw early because network congestion, fees and transaction-processing times could become problems as the deadline approaches.
JUST IN: Cryptocurrency exchange CoinEx to shut down all operations. CoinEx says it is NOT taking users’ funds. It says its reserves are above 100% and that user assets are fully backed and available for withdrawal. Users have until December 22, 2026 to withdraw their assets. The important timeline is: September 15: New registrations stop and several services are already being restricted. September 22: Futures, margin, lending, staking and other non-spot services shut down. September 29: Spot trading stops. December 22: Final deadline for withdrawals and the exchange closes. ⚠️ If I have crypto sitting on CoinEx, I would not wait until December. CoinEx itself is advising users to withdraw early because network congestion, fees and transaction-processing times could become problems as the deadline approaches. Wild West🤨
Last minute bargain from Democrats. They demand stricter rules, in particular, they want stronger restrictions on the ability of the president and other officials to profit from their own crypto businesses.