CoinEx to Close in December 2026 After Market Delistings

Published: 2026-09-15 04:24:22 |

CoinEx will end trading on 22 December 2026 and begin an orderly exchange wind-down. The platform cited declining trading activity, weaker liquidity and rising compliance costs. CoinEx recently announced the delisting of 14 cryptoassets, including MLN, XEM, GENSYN, FIDA, LISTA, RAIL, ACS, 0G, L3, ROAM, SPELL, MITO, PI and PYR. Deposits and trading for these assets will stop at 08:00 UTC on 17 September, while withdrawals will remain available until 17 December. Earlier delistings included ORAI, ETN, BEAM, QUICK, HFT and POLYX. CoinEx has also faced regulatory restrictions in the United States, Canada and Québec. The closure makes CoinEx the latest centralized exchange to exit the market in 2026. BitMEX is scheduled to complete its shutdown on 23 September, while AscendEX ceased operations on 1 July. BitMart also announced a wind-down but is reviewing restructuring options. For traders, CoinEx users should close positions and withdraw assets before the relevant deadlines. The CoinEx closure may increase short-term selling and liquidity risks in affected tokens, although the orderly process should limit broader market disruption.

Neutral

The direct market impact is likely neutral rather than broadly bearish. CoinEx is a significant exchange, but the article does not indicate a sudden insolvency, customer asset shortfall or forced liquidation. An orderly wind-down gives users time to close positions and withdraw funds, reducing the risk of a disorderly market shock. The short-term effect could still be negative for tokens being delisted. Traders may sell affected assets before trading and withdrawal deadlines, while reduced market access can widen spreads and deepen price volatility. CoinEx users may also transfer activity to other centralized or decentralized exchanges, temporarily increasing liquidity pressure elsewhere. Similar exchange closures have generally produced concentrated selling and confidence concerns rather than sustained market-wide declines, unless accompanied by insolvency or frozen withdrawals, as seen in more severe past failures. The broader signal remains cautious: declining activity, tighter liquidity and rising compliance costs may accelerate consolidation among smaller exchanges. Regulatory developments under MiCA and restrictions in North America could further reduce available venues. For major cryptoassets, the impact should remain limited unless the wind-down encounters withdrawal problems or triggers contagion across other platforms.