CoinEx to shut down and liquidate by December 22
- —Registration and referral bonuses halted on September 15; futures are reduce-only
- —Spot trading ends September 29; CET is being bought back at 0.005 USDT
- —Withdrawals are open until December 22; reserves are claimed to be above 100%
- —Unclaimed USDT will go into custodial storage with a 5% monthly fee
Why it matters: Another exchange closure amid a weak market adds pressure on altcoins and trust in small CEXs.
Source: PANews