CoinEx Exchange to Wind Down Operations by December 2026
- CoinEx began winding down its operations on Sept. 15, with spot trading ending on Sept. 29.
- Withdrawals will remain available until Dec. 22, and user assets are fully backed at an asset reserve ratio above 100%.
- Futures services will close on Sept. 22, and all non-spot services will be discontinued by the same date.
- Users are advised to withdraw assets by Sept. 29 to avoid potential delays due to blockchain congestion.
- CET can be sold for USDT until Sept. 29, after which automatic redemptions will occur for remaining balances.
The wind-down is attributed to a prolonged market downturn and increasing regulatory pressures, affecting liquidity and trading volumes significantly.
As CoinEx prepares for closure, users must act quickly to withdraw their assets before the final deadline of Dec.22, ensuring they access their funds without complications.Source
