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CoinEx issued a statement clarifying its policies on asset management, indicating that user assets are not withheld, frozen, or used without legitimate reason and that some deposits may be subject to additional review.
CoinEx addressed concerns about its asset management practices by stating that protecting user assets is a priority for the platform. According to the statement, CoinEx does not withhold, freeze, or use user assets without legitimate reason, but noted that some deposits may require additional review before being processed. No further specifics about the review process or circumstances under which assets might be withheld were provided.
CoinEx is a multifunctional cryptocurrency exchange offering trading in Bitcoin, Ethereum, USDT, and various other cryptocurrencies and tokens, with trading pairs available against major world currencies such as USD. The platform features a proprietary match engine for trade execution, a native CET coin, reserve fund, and both web and mobile trading access. More detailed information can be found in the broker profile on Traders Union.
For more context, see our earlier news about CoinEx’s World Cup-themed prediction event and prize pool in the previous CoinEx update on Traders Union.