CoinEx announces wind-down of exchange operations after nine years

CoinEx announced it will wind down operations after nearly nine years, citing a prolonged crypto market slump, shrinking trading volume and liquidity, and rising regulatory and compliance costs. New user registration stops Sept. 15, non-spot services pause Sept. 22, spot trading halts Sept. 29, and the platform closes with withdrawals open until Dec. 22.

Detected & updated continuously · Source: Nebula