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CoinEx to cease operation after 9 years, citing ‘significant’ crypto contraction

Compiled by KoinLens from 1 source

Importance 38Neutral* Trust 78 · 1 source3.5Market Impact: 3.5/10 · Low
The higher the score out of 10, the bigger the expected impact on the market. Heuristic estimate — not financial advice.
CoinEx to cease operation after 9 years, citing ‘significant’ crypto contraction

CoinEx said falling trading volumes and liquidity, along with rising regulatory and compliance costs, had exceeded “reasonable boundaries,” with withdrawals remaining open until Dec. 22.

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