Coinnest starts the shutting down process expected to last until June 2019. Withdrawal fees and minimum withdrawal limit have been lowered to aid the process. One of South Korea’s cryptocurrency exchanges, Coinnest is in the middle of halting its services. This comes after an announced published on the exchange’s website on April 16 which stated that it will be shutting down its services citing challenges related to the changes in the crypto industry. The company began the process of shutting down on April 16 starting with its membership services. The price is set to continue until June 30 after the completion of fund withdrawal services. Coinnest said that it was lowering the withdrawal fees as well as reducing the cap on minimum withdrawals. Looking back in April 2018, two of its executives were reported for accepting bribes in order to allow listing of digital assets on the exchange platform. Besides, this January Coinnest posted a $5 million loss in Bitcoin following an airdrop that went wrong. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street Crypto News share Read Next Gold Technical Analysis: Bounce from YTD lows/50% Fibo. support might turn out to be short-lived FX Street 4 years Coinnest starts the shutting down process expected to last until June 2019. Withdrawal fees and minimum withdrawal limit have been lowered to aid the process. One of South Korea's cryptocurrency exchanges, Coinnest is in the middle of halting its services. This comes after an announced published on the exchange's website on April 16 which stated that it will be shutting down its services citing challenges related to the changes in the crypto industry. The company began the process of shutting down on April 16 starting with its membership services. The price is set to continue until June 30 after the… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.