Exchange Ranking
Top Exchanges
24h Volume Ranking
Popularity Ranking
Exchange BTC Balance
Proof of Reserves
Decentralized Exchanges
Funding Rate
Funding Heatmap
Liquidation Data
Max Pain
Long/Short Ratio
Whale L/S Ratio
Binance/Okex/Huobi L/S
Bitfinex Margin L/S
ETF Tracker
Solana ETF
XRP ETF
Hong Kong ETF
Bitcoin Treasuries
Crypto Reversal
Ethereum Reserves
HyperLiquid Wallet Analysis
Hyperliquid Whale Watch
Large Transactions
On-chain Movement
Bitcoin ROI
Stablecoin Market Cap
Options Analysis
News
Articles
Economic Calendar
Features
Wallet
Contract Calculator
Security
Collections
Watchlist
Following
BEAM 
FIDA 
HFT 
L3 
LISTA 
POLYX 
PYR 
QUICK 
SPELL 
XEM 
ACS 
MLN 
ROAM 
0G 
MITO 
ETN CoinEx announced that it will stop operations and start an orderly clearing process
CoinEx announced that it will stop its cryptocurrency exchange business and begin an orderly clearing process. The trading operation is planned to end on December 22, 2026. The exchange said falling trading volumes, deteriorating liquidity conditions and rising costs of maintaining compliant operations were the main pressure factors leading to the decision.
The closure makes CoinEx the latest centralized trading platform to exit the market this year. In the past year, several well-known exchanges have either directly closed down or entered a structured clearing process.
CoinEx is moving towards a December shutdown.
CoinEx's exit came just days after it significantly scaled back its support in the markets. On September 10, the exchange began removing 14 crypto assets, including MLN, XEM, GENSYN, FIDA, LISTA, RAIL, ACS, 0G, L3, ROAM, SPELL, MITO, PI and PYR. Deposits and trading of these assets will cease at 08:00 UTC on September 17, while withdrawal services will remain until December 17.
In addition, CoinEx launched a separate removal round in early September, covering assets such as ORAI, ETN, BEAM, QUICK, HFT and POLYX.
Before the launch of global clearing, CoinEx already faced regulatory restrictions in several major markets. Authorities in New York forced CoinEx to withdraw from the U.S. market in 2023; later, Canadian regulators issued a restraining order after discovering that the platform was not registered to operate. Quebec authorities took action in 2025 to block local access to CoinEx and instruct remaining customers to withdraw their assets.
Exchange closures accelerate in 2026
CoinEx follows BitMEX. BitMEX will complete its own exchange shutdown process on September 23, after 11 years of operating in the derivatives market. As owner HDR Global Trading pushes the platform into the final off-network phase, BitMEX has stopped registering new users and restricted opening positions.
AscendEX announced on July 1 that it would cease operations due to regulatory, financial and operational constraints. Its closure time coincides with the end of the EU MiCA (Cryptographic Asset Market Regulation) transition period, which results in limited customer account functions and requires manual review.
BitMart also announced the launch of orderly liquidation in July, initially setting the platform operation termination date as January 31, 2027. Subsequently, the company hired White & Case law firm and began evaluating a restructuring plan aimed at retaining or restarting some of its businesses rather than fully implementing the original shutdown plan.
European regulation adds exit path
European regulatory policies provide an alternative exit path for exchanges and service providers that are unable or unwilling to obtain authorization. After the final transition period for MiCA ended on July 1, the European Securities and Markets Authority (ESMA) instructed unauthorized crypto service providers to stop their services in the EU. Affected companies are being asked to stop introducing new customers and limit activities to an orderly off-grid process.
CoinEx's trading platform is scheduled to cease operations on December 22, leaving limited time for existing users to close positions and transfer assets so the exchange can complete its liquidation.
