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CoinEx Announces Cessation of Operations and Initiation of Orderly Exit Process, Withdrawal Channels Open Until December 22

On September 15, cryptocurrency exchange CoinEx announced that after careful evaluation, due to the prolonged downturn in the cryptocurrency market, significant shrinkage in overall industry trading volume and liquidity, and increasing regulatory requirements in major jurisdictions worldwide, compliance costs and operational uncertainties have exceeded reasonable limits. CoinEx has decided to cease operations and initiate an orderly exit process. Starting from September 15, 2026, the platform will gradually stop related services according to a predetermined schedule. CoinEx currently maintains an asset reserve rate of over 100%, with all user assets fully supported by adequate reserves, allowing users to withdraw their assets in full. Withdrawal channels will remain open until December 22, 2026 (UTC+8).

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