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

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

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. 14 with four hard dates: Sept. 15: registrations and referral rewards stop, […]

Key Takeaways

  1. Coinex, the exchange Haipo Yang launched in December 2017, will end spot trading on Sept.
  2. 29 and shut down completely on Dec.
  3. 22, blaming a long crypto slump and rising compliance costs.
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Summary generated by IndiCrypto from News.Bitcoin.com. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.