Bitcoin News

CoinEx Resumes Withdrawals For Bitcoin, ETH, DOGE, SHIB And Other Crypto

CoinEx announces resumption of deposit and withdrawal services for BTC, ETH, DOGE, and SHIB and other top crypto.
Published by
CoinEx Resumes Withdrawals For Bitcoin, ETH, DOGE, SHIB And Other Crypto

Crypto exchange CoinEx on Wednesday said it will resume deposit and withdrawal services for some top crypto including BTC, ETH, USDT, USDC, and others from tomorrow. After a week of closure due to a nearly $70 million hack, CoinEx has finally decided to open withdrawals for only some cryptocurrencies and promises to reintroduce more assets to deposit and withdrawal services.

Advertisement

CoinEx Restarts Deposits and Withdrawal Services

CoinEx in an official announcement on September 20 revealed the resumption of deposit and withdrawal services. However, the crypto exchange is only resuming services for some crypto. It includes BTC, ETH, USDT (ERC20), USDT (TRC20), USDC (ERC20), TRX, LTC, BCH, BNB, DOGE, and SHIB.

Users can start making deposits and withdrawals for these crypto from September 21 at 08:00 UTC. CoinEx warns users to avoid using old addresses because crypto assets may get lost. The exchange will generate new deposit addresses for these assets.

“Given the anticipated increase in withdrawal requests in the upcoming days, there might be some delays in processing. As we ascertain system stability, we’ll progressively reintroduce more assets to our deposit & withdrawal services. Please stay tuned for our official updates.”

CoinEx promises that the new wallet system is stable, and it will gradually resume deposit and withdrawal services for more crypto assets. The exchange suffered a $70 million loss in a hack due to compromised hot wallet private keys.

Read More: CoinEx Faces $27.8 M Attack; ETH, TRON And Polygon Compromised

Advertisement

Bitcoin, ETH, SHIB, DOGE Withdrawal Requests

CoinEx witnessed a rise in withdrawal requests for top crypto such as Bitcoin, Ethereum, Shiba Inu, and Dogecoin. Despite XRP recording more trading volume in the last few weeks, the exchange is not starting deposits and withdrawals for XRP.

Kaiko recently reported a significant rise in XRP liquidity after July’s court ruling in the Ripple vs SEC lawsuit. Moreover, the market depth has increased from $8 million in June to $12 million in September.

Also Read:

Advertisement
Share
Varinder Singh

Varinder has over 10 years of experience and is known as a seasoned leader for his involvement in the fintech sector. With over 5 years dedicated to blockchain, crypto, and Web3 developments, he has experienced two Bitcoin halving events making him key opinion leader in the space. At CoinGape Media, Varinder leads the editorial decisions, spearheading the news team to cover latest updates, markets trends and developments within the crypto industry. The company was recognized as Best Crypto Media Company 2024 for high impact and quality reporting. Being a Master of Technology degree holder, analytics thinker, technology enthusiast, Varinder has shared his knowledge of disruptive technologies in over 5000+ news, articles, and papers.

Published by
Why trust CoinGape: CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights to our readers. Our journalists and analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.
Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.

Recent Posts

  • News

Analyst Slams S&P’s ‘B-’ Rating for Strategy Inc, Says Bitcoin Treasury Model Is “Misunderstood”

Crypto market analyst Adam Livingston has sharply criticized S&P Global Ratings after the agency assigned…

October 28, 2025
  • News

Metamask Airdrop Countdown Begins as Wallet Team Registers Token Claim Domain

In a fresh development, a newly registered claim domain has led to speculations that the…

October 27, 2025
  • News

$2.5T Citigroup Partners With Coinbase to Enable Stablecoin Payments

Citigroup, a top U.S. bank with $2.5 trillion asset under management has partnered with Coinbase.…

October 27, 2025
  • News

Who Will Be the Next Fed Chair? Scott Bessent Confirms Final Five Candidates

U.S. Treasury Secretary Scott Bessent has confirmed the final shortlist of contenders to replace Jerome…

October 27, 2025
  • News

Mt. Gox Delays Repayments to 2026 as Trump-Backed American Bitcoin Adds 1,414 BTC

Mt. Gox has once again pushed back its long-awaited Bitcoin (BTC) creditor repayments by a…

October 27, 2025
  • News

Crypto ETFs Attract $1B in Fresh Capital Ahead of Expected Fed Rate Cut This Week

Crypto ETFs record nearly $1 billion in weekly inflows. This marks one of the strongest…

October 27, 2025