POPA ReconCoinEx Exchange Is Shutting Down After Nine Years
CoinEx Exchange Is Shutting Down After Nine Years After nine years, CoinEx will wind down the exchange, blaming a prolonged market slump, thinning volume and rising compliance costs. The platform stops new registrations today and will halt most services on September 29. Withdrawals stay open until December 22, after which unclaimed balances may be converted to USDT. Any remaining USDT then moves to independent custody carrying a 5% monthly fee on the original balance, with a custody-claims deadline of August 22, 2028. Founder Haipo Yang said the exchange will ensure users can withdraw their…
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