👀 CoinEx Exchange Announces Shutdown by December 2026 🔹 Crypto exchange CoinEx has announced the winding down of its operations and gradual closure of all services. The company cited a prolonged crypto market slump, declining trading volumes and liquidity, as well as rising regulatory and compliance costs across key jurisdictions. 🔹 CoinEx stated that it maintains a reserve ratio of over 100%. According to the exchange, user assets are fully backed and will remain available for withdrawal. 🔹 The shutdown process began on September 15, 2026. Effective from this date, the platform halted new user registrations, referral payouts, and rewards, while shifting futures trading to a Reduce-Only mode, allowing users to close existing positions only.