{"id":657523,"date":"2026-09-15T04:52:42","date_gmt":"2026-09-15T04:52:42","guid":{"rendered":"https:\/\/e-bitco.in\/index.php\/2026\/09\/15\/coinex-to-cease-operation-after-9-years-citing-significant-crypto-contraction\/"},"modified":"2026-09-15T04:52:42","modified_gmt":"2026-09-15T04:52:42","slug":"coinex-to-cease-operation-after-9-years-citing-significant-crypto-contraction","status":"publish","type":"post","link":"https:\/\/e-bitco.in\/index.php\/2026\/09\/15\/coinex-to-cease-operation-after-9-years-citing-significant-crypto-contraction\/","title":{"rendered":"CoinEx to cease operation after 9 years, citing \u2018significant\u2019 crypto contraction"},"content":{"rendered":"

\"CoinEx<\/p>\n

CoinEx said falling trading volumes and liquidity, along with rising regulatory and compliance costs, had exceeded \u201creasonable boundaries,\u201d with withdrawals remaining open until Dec. 22.<\/p>\n

Crypto exchange CoinEx said it is winding down operations, citing a prolonged crypto market downturn, sinking trading volumes and liquidity, and rising regulatory and compliance costs, according to an announcement on Tuesday.<\/a><\/p>\n

As part of the wind-down, CoinEx will halt new user registrations, referral commissions and other rewards. Futures contracts will enter a \u201cReduce-Only\u201d mode. CoinEx will also stop accepting new orders or subscriptions across its fiat, margin trading, lending, earn, staking and strategic trading services.<\/p>\n

\u201cAfter much reflection, I have come to accept a hard truth. CoinEx did not become one of the industry\u2019s leading exchanges, and the security and compliance risks of running a crypto exchange have become increasingly difficult to contain,\u201d CoinEx CEO Haipo Yang said<\/a> in a post on X. <\/p>\n

Read more<\/a><\/p>","protected":false},"excerpt":{"rendered":"

CoinEx said falling trading volumes and liquidity, along with rising regulatory and compliance costs, had exceeded \u201creasonable boundaries,\u201d with withdrawals remaining open until Dec. 22. Crypto exchange CoinEx said it is winding down operations, citing a prolonged crypto market downturn, sinking trading volumes and liquidity, and rising regulatory and compliance costs, according to an announcement […]<\/p>\n","protected":false},"author":1,"featured_media":657524,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12],"tags":[],"class_list":{"0":"post-657523","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-blockchain"},"_links":{"self":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts\/657523","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/comments?post=657523"}],"version-history":[{"count":0,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts\/657523\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/media\/657524"}],"wp:attachment":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/media?parent=657523"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/categories?post=657523"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/tags?post=657523"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}