Coinex Is Closing After 9 Years, and Its Founder Won’t Sell It

Written and edited by the WorldPing NewsdeskPublished Updated Original reporting: Bitcoin.com
Coinex Is Closing After 9 Years, and Its Founder Won’t Sell ItWorldPing
Image via Bitcoin.com.

What happened

Coinex, the exchange Haipo Yang launched in December 2017, will end spot trading on Sept.

29 and shut down completely on Dec.

22, blaming a long crypto slump and rising compliance costs.

The Calendar Users Need Coinex announced an orderly wind-down on Sept.

Key facts

  • Coinex, the exchange Haipo Yang launched in December 2017, will end spot trading on Sept.
  • 29 and shut down completely on Dec.
  • 22, blaming a long crypto slump and rising compliance costs.
  • Reported by Bitcoin.com and published Tue, 15 Sep 2026 08:30:05 UTC.

Why it matters

Digital-asset markets react to catalysts within minutes, and liquidity, ETF flows and regulatory signals are usually what decide whether a move sticks.

What to watch next

  • Whether spot volume and open interest confirm the move
  • Liquidation clusters around the current price
  • ETF flow data and any regulatory follow-up

Coverage timeline

When each newsroom published on this story, oldest first — all times UTC.

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

  2. Crypto exchange CoinEx to shut down after 9 years, citing market slump

  3. Zama expands confidential Morpho lineup after first vault hits $40 million, launches private swaps on Ethereum

  4. Coinex Is Closing After 9 Years, and Its Founder Won’t Sell It

  5. Strive's Bitcoin Stash Hits an Even 25,000 BTC After $36.6 Million Buy

Sources

The original report was published by Bitcoin.com. WorldPing does not claim that reporting — this page summarises and contextualises it.

Read the full report at Bitcoin.com

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