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CoinEx completes May 2026 CET token repurchase and burning
CoinEx announced the completion of its May 2026 CET token repurchase and burning, removing 16,164,860.83 CET (approximately 396,638.39 USD) from circulation and bringing the cumulative total of burned CET to over 7.48 billion.
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CoinEx has reported the completion of its May 2026 CET token repurchase and burning, removing 16,164,860.83 CET from circulation, which is valued at approximately 396,638.39 USD. This regular update follows the broker's ongoing procedure where 20% of daily trading fee revenue is allocated to repurchase CET, and all repurchased tokens are permanently burned at the end of each month.
The company states that the cumulative amount of CET burned to date exceeds 7.48 billion tokens. Additional information, including specific transaction identifiers for on-chain verification and further cumulative data, is typically provided in the official announcement to support transparency around the process.
CoinEx is a multifunctional cryptocurrency exchange platform offering access to Bitcoin, Ethereum, USDT, and numerous other cryptocurrencies and trading pairs, including options with major world currencies. The exchange features a patented matching engine designed for stable order execution, supports both a web terminal and a mobile app, and implements a fee structure based on trading volume and VIP status. To learn more, visit the broker profile on Traders Union.
In the previous CoinEx update, we reported on the listing of the CTR token with USDT trading and the launch of related trading services. For more details, see our previous CoinEx update on Traders Union.
This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.
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