CoinEx to Shut Down Amid Market Slump and Rising Compliance Costs

CoinEx, a global cryptocurrency exchange founded in 2017 as part of the ViaBTC Group, has announced that it will cease operations and begin an orderly wind-down. The company cited a prolonged downturn in digital-asset markets, shrinking industry trading volume and liquidity, and compliance costs that have 'exceeded reasonable boundaries'.

The wind-down process starts on September 15, 2026, with new registrations stopping, referral commissions and rewards ending, futures markets entering reduce-only mode, and the platform stopping accepting new subscriptions or orders for fiat services, margin trading, loans, Earn products, staking, and strategic trading.

CoinEx maintains an asset reserve ratio above 100 per cent, with all user balances fully backed and available for withdrawal. The company publishes proof of reserves on its website and urges users to move funds early, warning that blockchain congestion, changing fees, or slower confirmations could complicate last-minute transfers.