Coingape

CoinEx Crypto Exchange Shut Downs Citing Market Winter, Binance Founder CZ Reacts

CoinEx is winding down after nearly nine years, blaming a prolonged crypto slump, thinner trading liquidity, and rising compliance costs. The exchange says user funds remain fully backed and withdrawals will stay open until December, with Binance founder Changpeng β€œCZ” Zhao noting this cycle’s business closures have at least allowed users to withdraw their crypto

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