CoinEx has outlined a structured plan to cease operations, citing diminishing market activity, lower trading volumes, waning liquidity, increasing regulatory demands, and rising compliance expenses as key factors behind its closure after nine years in business. The exchange will initiate its shutdown process on September 15, beginning with gradual reductions in trading and platform services. CoinEx has scheduled futures products to shift to reduce-only mode on September 15. Non-spot services will stop on September 22, and spot trading is set to close on September 29. Users may continue to withdraw their digital assets until December 22.