If a balance is still sitting at CoinEx that is not held in USDT, there are around 46 hours left for it. On September 29, 2026 at 02:00 UTC the exchange ends spot trading, and from that moment holdings that have not been withdrawn in their original currency are liquidated. Coins with liquidity on external markets are sold by the exchange in batches, according to its own statement, with the net proceeds credited as USDT in the spot account. Coins without external liquidity are delisted step by step, and for those the exchange explicitly assumes no further custody and no further redemption once processing has begun.
The difference from the previous understanding of this date is not a detail. Until September 29 you can decide yourself what happens to your holding. After that the exchange decides, in batches, at a price you do not know in advance. Anyone who leaves Bitcoin, Ether or a smaller altcoin at CoinEx and lets the date pass will in the end hold none of those coins but a dollar stablecoin.
Forced conversion at CoinEx: what happens to your coins on September 29 at 02:00 UTC
The rule is set out in the exchange's wind-down notice and can be summed up in one sentence: anyone who wants ...
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