BIG WARNING: We’re seeing a massive increase in CoinEx spam on r/btc and other crypto forums. This aggressive, daily promotion is a potential red flag and a pattern we’ve seen before with exchanges right before they fail.

Just a reminder: FTX did the same thing—desperate marketing to attract new deposits to cover a liquidity shortfall—right before its bankruptcy.

Not your keys, not your coins. Keeping your assets on an exchange like CoinEx means you’re trusting a third party with your money. If the exchange becomes insolvent, your funds could be frozen and may be lost forever in a long, drawn-out bankruptcy process.

Take control of your funds and store them in a self-custody wallet. It’s the only way to truly protect your assets.