CoinEx announced on September 15, 2026 that it will wind down entirely after almost nine years in business, giving users until December 22, 2026 to withdraw their funds. If you have ever traded on the platform, getting your funds out is the urgent part. But there is a second task that matters just as much and is much easier to put off: exporting your full trade history while your account still has full access.
Once a platform winds down, reconstructing years of trades, funding payments, and forced closures gets far harder, and the tax bill on whatever you made or lost there doesn't disappear along with the exchange.
Key Takeaways
- CoinEx winds down completely by December 22, 2026: spot trading closed for good on September 29, and the phased shutdown began September 15, after almost nine years in operation.
- Withdrawals stay open only until December 22, 2026, 02:00 UTC: after that, any unwithdrawn USDT moves into independent custody and starts losing 5% a month to a custody fee.
- Export your trade, futures, and withdrawal history now: CoinEx's export options narrow with each phase of the four-stage wind-down.
- Your tax obligation on gains and losses doesn't end when the exchange does: your own exported records are what you'll need to file accurately once CoinEx is gone.
CoinEx Shuts Down After Nine Years: What's Happening
CoinEx has operated for almost nine years. CoinEx published its shutdown announcement on September 15, 2026. It cited a prolonged market downturn, shrinking trading volume, and rising regulatory and compliance costs as the reasons for closing. CoinEx also says its reserve ratio exceeds 100%, meaning it expects every user to be able to withdraw their full balance within the window it has set.
CoinEx's closure isn't an isolated case. Earlier this year, BitMEX and BitMart both wound down within days of each other, for reasons of their own that had nothing to do with CoinEx. Exchange shutdowns are rare, but they're not unprecedented, and the same core lesson applies every time: get your funds out, then export your full trade history before it gets harder to reach.
CoinEx Shutdown Timeline: Key Dates You Need
CoinEx's wind-down runs on a clear, detailed timeline, laid out across four phases in its own announcement.
| Date (UTC) | What Happens |
|---|---|
| September 15, 2026 | New registrations halt; futures move to reduce-only mode; no new fiat, margin, loan, Earn, staking, or strategic-trading orders |
| September 22, 2026 | All non-spot services end; on-chain deposits stop except for CET; open futures positions force-settle; Earn and staking products redeem |
| September 29, 2026, 02:00 UTC | Spot trading closes for good; unexecuted orders cancel; remaining CET is auto-repurchased at $0.005 per token; CoinEx Smart Chain and its OneSwap DEX cease operating; disposal of non-USDT assets begins |
| December 22, 2026, 02:00 UTC | The withdrawal window closes and the platform ceases operations |
What happens after the December 22 deadline matters if you don't withdraw in time. Any USDT still on the platform moves into independent custody, and CoinEx starts charging a 5% monthly custody fee against it from that point on. The claim window for that custodied money runs until August 22, 2028, but a 5% monthly fee erodes a balance fast, so withdrawing before the window closes is the far better outcome than relying on the custody claim process afterward.
What to Export Before You Lose Access
The same core records matter as with any exchange wind-down: trade and order history, deposit and withdrawal records, and funding or settlement history if you traded margin or futures, or used Earn or staking products. Our CoinEx tax-export guide walks through how to import that data into CoinTracking via API or CSV once you have it exported from CoinEx, which gets more important with every phase of the timeline above.
Get your CoinEx history into one place
CoinTracking imports your CoinEx trade history and keeps a permanent record of every trade, funding payment, and withdrawal, independent of what happens to the platform.
Why This Matters for Your Taxes, Not Just Your Funds
Getting your funds out is the urgent task. But every trade you made on CoinEx was a potential taxable event, and that obligation doesn't disappear when the exchange winds down. Margin and futures trades generally follow the same disposal-based logic as any other trade: each closed position realizes a capital gain or loss, and leverage amplifies the size of that gain or loss. If you held Earn or staking positions that CoinEx redeemed as part of the wind-down, that redemption is worth checking against your own records too. For anything you're unsure how to classify, a tax professional can walk through how your specific positions are treated.
That rule applies just as much to positions CoinEx force-settled on your behalf during the wind-down. You didn't choose the exit, but the trade still closed, and it still realized whatever gain or loss it realized at that price. Reconstructing those closures later, without your own export, is exactly the kind of record-keeping problem that gets harder the longer you wait. That holds whether you file in the United States, the EU, or anywhere else: the underlying need is the same regardless of country, accurate cost basis and a complete trade history you control yourself.
How CoinTracking Helps You Keep Your Records
CoinTracking imports transaction history from CoinEx, along with more than 400 exchanges, wallets, and blockchains, and reconciles it into one portfolio with cost basis and gain or loss calculated automatically. That matters most in exactly this situation: once a platform closes, your own imported and preserved records become the version of your trade history you can actually rely on.
If you haven't exported yet, follow four steps in order. Close or confirm your open positions, then submit your withdrawal request. Export your trade and funding history, then import it into CoinTracking so it's preserved and ready whenever you need a tax report. CoinTracking has tracked crypto portfolios and calculated tax reports for 2.2 million users since 2012. The CoinEx data you import today sits alongside years of other trade history in one place, not stranded on a closing exchange.
Watch Out for Shutdown Scams
Shutdown announcements like these routinely draw scammers who impersonate support staff, promise "priority" withdrawal processing, or ask for your login credentials to "help" move funds faster. CoinEx doesn't need your seed phrase or password to process a legitimate withdrawal, and no exchange offers a paid shortcut around its own queue.
The safest path is the boring one. Use CoinEx's own withdrawal and export tools directly, verify any communication against official channels rather than a link in an email or a message, and watch out for scams especially as the deadline gets closer and withdrawal volume spikes.
Conclusion
Withdraw your funds first, then export your full trade and withdrawal history before the account is gone. Your tax obligation on CoinEx gains and losses continues after the exchange closes. The records you keep now are what you'll need later.
Keep your trade history safe, whatever happens to the exchange
Import your CoinEx transaction history into CoinTracking now, so your records are preserved and ready for tax reporting long after the platform shuts down.
Disclaimer
The information provided in this article is intended for general informational purposes only and should not be construed as financial, tax, or legal advice. The dates, figures, and procedures described here reflect official CoinEx communications as of September 25, 2026, and may change without notice. Readers are encouraged to verify current details directly with CoinEx and consult a qualified tax professional about their specific situation before making decisions based on the information presented here. The author and publisher are not responsible for any losses or damages incurred as a result of using the information in this article.
