CoinEx Announces Cessation of Operations and Initiates Orderly Wind-Down Process

CoinEx announced that, due to a prolonged market downturn, contracting industry trading volume and liquidity, and rising regulatory requirements and compliance costs in major jurisdictions, the platform has decided to cease operations and initiate an orderly wind-down process. Starting September 15, 2026, CoinEx will gradually suspend new user registrations, non-spot services, and spot trading, and will formally cease operations following the conclusion of the withdrawal period on December 22, 2026. CoinEx stated that its asset reserve ratio exceeds 100%, ensuring users can withdraw their full balances.