Crypto exchange CoinEx announced on September 15, 2026 that it will cease operations and enter an orderly wind-down. The exchange will formally close on December 22, 2026 — nine years to the day after it launched in 2017.
Key dates for users
- September 15: new registrations, referral commissions and reward payouts stopped; futures switched to reduce-only mode.
- September 22: all non-spot services shut down and on-chain deposits stop (except CET deposits).
- September 29: spot trading ends; CET deposits close.
- December 22: final deadline to withdraw funds.
Why it is closing
CoinEx pointed to a prolonged crypto downturn, a contraction in industry trading volume and liquidity, rising regulatory requirements in major jurisdictions, and compliance costs it said had exceeded reasonable boundaries.
Are funds safe?
CoinEx says it maintains an asset reserve ratio above 100%, with all user assets fully backed and available to withdraw. Users should still move funds well before the deadline rather than wait for the final weeks, when withdrawal queues tend to grow.
The closure highlights the squeeze on mid-sized offshore exchanges as volumes shrink and compliance obligations rise.
