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CoinEx Shuts Down Amid Crypto Market Slump

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Crypto exchange CoinEx has announced its shutdown after nearly nine years of operation. The company cited weak market activity, lower liquidity, and rising compliance costs as reasons for the closure.

New user registrations will end on September 15, while spot trading will cease on September 29. Withdrawals remain open until December 22.

CoinEx attributed its decision to the prolonged crypto winter that began with the market crash in October 2025.

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