# CoinEx to end spot trading and start USDT conversions on September 29 Author: Hatice Ertaş Language: English Published: 2026-09-27T23:20:15+03:00 Updated: 2026-10-08T22:33:59+03:00 ![A CoinEx sign, September 29 calendar and USDT token illustrate the exchange’s wind-down deadline.](https://kriptometa.com/uploads/coinex-te-spot-kapaniyor-usdt-donusumu-eylul-de-basliyor-8450_article.webp) ## Key takeaways - Processing of non-USDT assets begins on September 29 at 02:00 UTC. - Net proceeds from assets sold in external markets will be credited as USDT, without separate announcements for each batch. - The withdrawal channel remains open until December 22. CoinEx Wallet and CoinEx Vault are outside the exchange shutdown’s scope. CoinEx will begin selling or delisting remaining crypto balances on September 29. Assets with external liquidity will be sold, while wallet support will end for those without it. CoinEx will end spot trading on September 29 and begin processing non-USDT balances for sale or delisting that day. Users who want to withdraw assets in their original form have until 02:00 UTC. The general withdrawal channel staying open until December does not mean those coins will remain untouched until then. The exchange’s [September 15 wind-down notice](https://www.coinex.com/en/announcements/detail/53539656293908) sets out a phased closure. September 22 was the scheduled cutoff for non-spot services and onchain deposits other than CET. Cancellation of outstanding spot orders and disposal of remaining account balances come next. ## External liquidity determines whether assets can be sold CoinEx says it will sell assets that have liquidity in external markets and credit the actual net proceeds to users’ spot accounts in the [USDT stablecoin](https://kriptometa.com/en/glossary/stablecoin). Processing will take place in batches throughout the withdrawal period, without a separate announcement for each batch. The notice therefore supplies neither a fixed sale price for every coin nor a single conversion time. For a [balance held on a centralized exchange](https://kriptometa.com/en/glossary/centralized-exchange-cex), the timing of disposal after September 29 will depend on the platform’s process. Assets without external liquidity face a different outcome. CoinEx says it will gradually delist them, stop maintaining the relevant wallets and no longer take responsibility for their custody or redemption afterward. ## CET has a fixed price, while withdrawals have two deadlines The exchange’s own CET token has a separate arrangement. The buyback price is 0.005 USDT per token. When the window ends on September 29, CET still held in user accounts will be repurchased automatically at that price. The notice rules out a further buyback or redemption arrangement after the window closes. **September 29 and December 22 are different cutoffs.** The deadline to withdraw coins in their original form is September 29 at 02:00 UTC. General withdrawals end on December 22 at 02:00 UTC. The intervening period does not suspend the sale or delisting of non-USDT holdings. USDT left after December 22 will move into independent custody. CoinEx’s stated monthly fee is 5% of the original balance at the end of the withdrawal period. The calculation uses that starting amount, rather than a declining balance each month. The deadline for claims on assets in custody is August 22, 2028. ## CoinEx Wallet and Vault are outside the shutdown CoinEx Smart Chain and OneSwap are also scheduled to cease operations on September 29. The CSC bridge redemption window will close at the same time. CoinEx Wallet and CoinEx Vault, however, are identified in the notice as services independent of the exchange and outside the shutdown’s scope. For withdrawals, the calendar matters alongside the [sending network, recipient address and withdrawal cost](https://kriptometa.com/en/how-to-transfer-cryptocurrency). CoinEx has urged users to avoid leaving requests until the last moment, citing congestion and confirmation delays. An announced withdrawal window is not a separate confirmation that every asset currently has an available network route.