Good things do come to an end 🥇
@coinexcom has announced that it will cease operations and begin an orderly wind-down, with the platform officially closing on December 22, 2026. The key message for users is that assets remain safe, with CoinEx stating that its reserve ratio exceeds 100% and that all user assets are fully backed. Withdrawals are open from today until December 22, 2026, and eligible withdrawal requests made within this period will be honored.
For CET holders,
#CoinEx has also announced a buyback at the initial listing price of $0.005 per
$CET, with no limit on the amount that can be bought back. This is intended to give
$CET holders a clear and responsible conclusion after years of supporting the platform and its ecosystem.
After nearly nine years in the crypto industry, CoinEx says the decision reflects the growing security, compliance, and operational risks involved in running a global crypto exchange. Rather than selling the platform, the team chose an orderly closure, prioritizing users’ ability to withdraw their assets, employees’ transition, and a responsible conclusion for CET holders.
As a CoinEx community member and KOL, I believe the most important thing right now is for users to stay calm, verify the official announcements, and make their withdrawals within the stated deadline. Nine years is a significant journey in crypto, and regardless of the circumstances,
#CoinEx is choosing to close by prioritizing asset withdrawals and fulfilling its remaining commitments.