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Crypto Exchange CGEX Will Shut Down in September

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CGEX, the Malta-based crypto exchange opened by South Korean Coinone, will shutter its services next month. The exchange posted a termination notice late last week, saying that it would terminate all of its services on September 18, 2019. 

Coinone established CGEX in October 2018, as a crypto-to-crypto exchange that connects and shares the order book with its Indonesian and South Korean platforms. 

For many, this shutdown has been a long time coming. Two months earlier, the exchange abruptly suspended trading activities. While this occurrence isn’t entirely new, eyebrows were raised when it recommended that users should withdraw their ...

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