CoinEx Is Shutting Down After Nine Years as Running an Exchange Gets Harder

For nine years, CoinEx operated as one of the many crypto exchanges competing for traders, liquidity and attention across the internet. Now, the Hong Kong-based platform is preparing to disappear.CoinEx announced Tuesday that it will cease operations, ending a run that began in 2017. Users can withdraw their funds until Dec. 22, when the exchange will formally close.
Founder and CEO Haipo Yang pointed to a combination of security, compliance and operating pressures behind the decision. CoinEx, h