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Author Topic: Sad news :( Coinexchange  (Read 546 times)
Crypto-Dzayer (OP)
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October 01, 2019, 11:49:38 AM
 #1

Coinexchange.io is Closing Down
01/10/2019
It is with great regret that we must inform the community that the board of directors of CoinExchange.io has decided to close down the exchange.

This is purely a business decision and there has not been a security breach or any other type of incident. Unfortunately it is no longer economically viable for us to continue offering market services. The costs of providing the required level of security and support now outweigh our earnings.

Trading and deposits will be suspended on the 15th of October 2019. Please cease any deposit and trade activity as soon as possible.

The website and withdrawals will remain operational until the 1st of December 2019. We ask that you please remove all funds by this date.

It has been a fantastic journey and we have enjoyed playing a part in the crypto currency space. We thank everyone that has traded or listed a currency with us.

So sadly it is goodbye for now however we may return in the future if market conditions change. Sad

Link: https://www.coinexchange.io/news/post/85/
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October 01, 2019, 12:25:37 PM
 #2

This is Quit sad but there  is nothing they could do. when its come to  maintenance and security  its  quit  expensive  so when you are not getting  returns its  does not make it  a business.  I really  appreciate  how  the has  made it  publicly without running away with peoples  asset.   

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October 01, 2019, 12:34:27 PM
 #3

Coinexchange.io is Closing Down
01/10/2019
It is with great regret that we must inform the community that the board of directors of CoinExchange.io has decided to close down the exchange.

This is purely a business decision and there has not been a security breach or any other type of incident. Unfortunately it is no longer economically viable for us to continue offering market services. The costs of providing the required level of security and support now outweigh our earnings.

Trading and deposits will be suspended on the 15th of October 2019. Please cease any deposit and trade activity as soon as possible.

The website and withdrawals will remain operational until the 1st of December 2019. We ask that you please remove all funds by this date.

It has been a fantastic journey and we have enjoyed playing a part in the crypto currency space. We thank everyone that has traded or listed a currency with us.

So sadly it is goodbye for now however we may return in the future if market conditions change. Sad

Link: https://www.coinexchange.io/news/post/85/

I used to trade on them before since my tokens are listed there and it's so sad to see them closing down there service and traders should be thankful for these gesture since they didn't do an exit scam and hopefully they will became active again in future when markets fully recover.


This is Quit sad but there  is nothing they could do. when its come to  maintenance and security  its  quit  expensive  so when you are not getting  returns its  does not make it  a business.  I really  appreciate  how  the has  made it  publicly without running away with peoples  asset.   

I give them a respect for showing this gesture and by this we can tell that they are not scam.

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October 01, 2019, 12:35:49 PM
 #4

This is Quit sad but there  is nothing they could do. when its come to  maintenance and security  its  quit  expensive  so when you are not getting  returns its  does not make it  a business.  I really  appreciate  how  the has  made it  publicly without running away with peoples  asset.   
You're right, yeah like Cryptopia   Angry
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October 01, 2019, 12:43:41 PM
 #5

Coinexchange.io is Closing Down
01/10/2019
It is with great regret that we must inform the community that the board of directors of CoinExchange.io has decided to close down the exchange.

This is purely a business decision and there has not been a security breach or any other type of incident. Unfortunately it is no longer economically viable for us to continue offering market services. The costs of providing the required level of security and support now outweigh our earnings.

Trading and deposits will be suspended on the 15th of October 2019. Please cease any deposit and trade activity as soon as possible.

The website and withdrawals will remain operational until the 1st of December 2019. We ask that you please remove all funds by this date.

It has been a fantastic journey and we have enjoyed playing a part in the crypto currency space. We thank everyone that has traded or listed a currency with us.

So sadly it is goodbye for now however we may return in the future if market conditions change. Sad

Link: https://www.coinexchange.io/news/post/85/

I used to trade on them before since my tokens are listed there and it's so sad to see them closing down there service and traders should be thankful for these gesture since they didn't do an exit scam and hopefully they will became active again in future when markets fully recover.



the first exchange I used  Sad Sad respect Coinexchange
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October 01, 2019, 02:56:55 PM
 #6

This is Quit sad but there  is nothing they could do. when its come to  maintenance and security  its  quit  expensive  so when you are not getting  returns its  does not make it  a business.  I really  appreciate  how  the has  made it  publicly without running away with peoples  asset.   
You're right, yeah like Cryptopia   Angry

i think it's different from cryptopia cases.
Cryptopia closed because they got hacked and lost million of users fund but on coinexchange closed because of purely a business decision

i usually use coinexchange to trade there because they listed many coins that i can use to Arbitrase between 2/3 exchange

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October 01, 2019, 03:56:10 PM
 #7

There is another thread already opened about Coinexchange.io closing down here: https://bitcointalk.org/index.php?topic=5189124.0

However, it is really sad for those who love coinexchage.io. Although it is like cryptopia, but those who are active on the exchange will not lose any money because the exchange is giving notice in advance and saying they have to withdraw money. But those who are inactive may lose some money.


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October 01, 2019, 04:36:33 PM
 #8

This is Quit sad but there  is nothing they could do. when its come to  maintenance and security  its  quit  expensive  so when you are not getting  returns its  does not make it  a business.  I really  appreciate  how  the has  made it  publicly without running away with peoples  asset.   
You're right, yeah like Cryptopia   Angry

i think it's different from cryptopia cases.
Cryptopia closed because they got hacked and lost million of users fund but on coinexchange closed because of purely a business decision

i usually use coinexchange to trade there because they listed many coins that i can use to Arbitrase between 2/3 exchange

Cryptopia was hacked by Cryptopia team 90%
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October 01, 2019, 06:32:13 PM
 #9

Let that go out of the cryptocurrency market.

I don't know what is the use if they stays here in this crypto market for the people. If there be here lively then they will make money out of it we will not have any profit by the way.

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October 01, 2019, 07:04:50 PM
 #10

This is Quit sad but there  is nothing they could do. when its come to  maintenance and security  its  quit  expensive  so when you are not getting  returns its  does not make it  a business.  I really  appreciate  how  the has  made it  publicly without running away with peoples  asset.   
You're right, yeah like Cryptopia   Angry

i think it's different from cryptopia cases.
Cryptopia closed because they got hacked and lost million of users fund but on coinexchange closed because of purely a business decision

i usually use coinexchange to trade there because they listed many coins that i can use to Arbitrase between 2/3 exchange

Cryptopia was hacked by Cryptopia team 90%

that was true they faked hacked incedent so they can easily run the money of exchange users. i dont remember cryptopia has been hacked before .
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October 01, 2019, 10:23:48 PM
 #11

This is Quit sad but there  is nothing they could do. when its come to  maintenance and security  its  quit  expensive  so when you are not getting  returns its  does not make it  a business.  I really  appreciate  how  the has  made it  publicly without running away with peoples  asset.    
You're right, yeah like Cryptopia   Angry

i think it's different from cryptopia cases.
Cryptopia closed because they got hacked and lost million of users fund but on coinexchange closed because of purely a business decision

i usually use coinexchange to trade there because they listed many coins that i can use to Arbitrase between 2/3 exchange
Yups coinexchange.io is one of the best to use for arbitration as my brother keeps on telling in in past about this exchange but I used other one so had no time to try
Not until weeks ago when I decided to give a try for arbitration and considering using coinexchange.io next week after withdrawals all my coins in my recent site.
So sad that I cross this section just to find out that they are upon closure .now I need to find another one again

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October 02, 2019, 03:44:27 AM
 #12

I startled coinexchange is down. They have a good time at least.

I remember when all the coin use qt wallet, everyone is suggest coinexchange as first market. Simple UI and easy to use. And also not too much drama. At least they do their job in good way, not run with user assets.



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leea-1334
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October 02, 2019, 04:47:58 AM
 #13

Well,,, at least they did not just continue the business for the sake of it. I think a lot of exchanges are actually just doing it for the sake of it, hoping to get listing fees and survive on that alone. More should close down if they are not offering good value to the crypto world. Maybe all new exchanges should work on a big DEX network!

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asyakashi
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October 02, 2019, 08:24:01 AM
 #14

The fall in the price of altcoin has caused the coinexchange to close, I read the announcement if the market improves the coinexchange will return.
Hopefully there are miracles in the future.

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October 02, 2019, 09:28:43 AM
 #15

The fall in the price of altcoin has caused the coinexchange to close, I read the announcement if the market improves the coinexchange will return.
Hopefully there are miracles in the future.
If the exchange closed for unce time & reopen, users will never use it again
Like Nova... the best example
Rip My best exchange #Coinexchange <3
asyakashi
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October 02, 2019, 11:15:25 PM
 #16

The fall in the price of altcoin has caused the coinexchange to close, I read the announcement if the market improves the coinexchange will return.
Hopefully there are miracles in the future.
If the exchange closed for unce time & reopen, users will never use it again
Like Nova... the best example
Rip My best exchange #Coinexchange <3
yes ... it is very difficult to accept the facts.
it's hard to understand why some small exchanges still survive like crex24, latoken. Huh
I prefer coinexchange

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pinkliar
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October 03, 2019, 03:41:23 AM
 #17

The fall in the price of altcoin has caused the coinexchange to close, I read the announcement if the market improves the coinexchange will return.
Hopefully there are miracles in the future.
If the exchange closed for unce time & reopen, users will never use it again
Like Nova... the best example
Rip My best exchange #Coinexchange <3
yes ... it is very difficult to accept the facts.
it's hard to understand why some small exchanges still survive like crex24, latoken. Huh
I prefer coinexchange
2years bear market that what i see the reason why they need to close it. also users using thier platform decrease after continues bearmarket there are many traders also left trading.

 
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Reatim
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October 03, 2019, 05:03:10 AM
 #18

Everything must end it’s just hurting when you are much trusting exchange for long and will suddenly close but this is business and sometimes when other he closed another good will open
Maybe you just need to move on and find other exchange now.

The fall in the price of altcoin has caused the coinexchange to close, I read the announcement if the market improves the coinexchange will return.
Hopefully there are miracles in the future.
Maybe they will be opening another exchange soon,or already running another today who knows?businessman will always be in business









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asyakashi
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October 03, 2019, 07:17:54 AM
 #19

The fall in the price of altcoin has caused the coinexchange to close, I read the announcement if the market improves the coinexchange will return.
Hopefully there are miracles in the future.
If the exchange closed for unce time & reopen, users will never use it again
Like Nova... the best example
Rip My best exchange #Coinexchange <3
yes ... it is very difficult to accept the facts.
it's hard to understand why some small exchanges still survive like crex24, latoken. Huh
I prefer coinexchange
2years bear market that what i see the reason why they need to close it. also users using thier platform decrease after continues bearmarket there are many traders also left trading.
The dominance of bitcoin has made altcoin worse, this is a difficult situation for traders so that trading in each exchange has decreased volume.
the fall in the value of altcoin caused some exchanges to not be able to cover their operations.
Only popular exchanges will survive.

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Willitivity
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October 03, 2019, 03:31:10 PM
 #20

Coinexchange has really come a long way for. I can still remember doing my first trade there some couple of years back. It's so sad to look back and see that they won't be there again. Liqui closure came as a shock to me, now coinexchange. This is very bad and disheartening to see.
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