CoinEx has announced an orderly wind-down after nearly nine years of operations, citing weaker trading activity, reduced liquidity, and rising compliance costs. The exchange began restricting services on September 15 and published a staged shutdown schedule, with withdrawals remaining available until December 22, 2026, in UTC+8.

New registrations have stopped, futures have entered reduce-only mode, and several products are no longer accepting new orders or subscriptions. Non-spot services are scheduled to end on September 22. Spot trading will stop on September 29, when CoinEx Smart Chain and OneSwap are also scheduled to cease operations.

The exchange said it would repurchase CET remaining in user accounts at 0.005 USDT per token through the September 29 deadline. CoinEx also stated that customer assets are fully backed. That is the company's account of its reserves and is separate from the service closure timetable.

CoinEx Wallet and CoinEx Vault operate independently and are not included in the exchange shutdown. For exchange customers, the key distinction is that trading ends before the withdrawal window closes. The announcement sets a sequence of operational deadlines, rather than an immediate termination of every CoinEx-branded service.