Long-Running Exchange Ceases Operations
CoinEx, a cryptocurrency exchange that has operated for nine years, is shutting down and requiring users to withdraw their funds by December 31.
The exchange did not disclose the reason for the closure. CoinEx has not provided details on whether deposit functionality will remain available until the deadline or be halted earlier.
Users have until the end of the year to remove their holdings from the platform. CoinEx did not clarify what will happen to any funds remaining on the exchange after December 31.
The exchange did not specify which jurisdictions are affected by the shutdown or provide a detailed withdrawal process for users seeking to exit their positions.
