CoinEx to Shut Down After Nine Years as Crypto Market Contracts

CoinEx will cease operations after nine years, citing a significant contraction in the cryptocurrency market, Cointelegraph reported on Sept. 15, 2026. The exchange said declining trading volumes and reduced liquidity, combined with higher regulatory and compliance costs, had moved beyond what it considered reasonable boundaries. CoinEx said withdrawals will remain available until Dec. 22, giving users a deadline to remove funds from the platform. The announcement marks the planned end of the exchange’s operations after nearly a decade in the market. CoinEx’s statement links the decision to deteriorating trading conditions and the increasing costs associated with meeting regulatory and compliance requirements. The company did not provide further details in the supplied information about the impact on specific cryptocurrencies or services. Market participants tracking assets associated with the platform should note the withdrawal deadline and monitor CoinEx’s official communications for any additional operational updates.