Coinome Exchange Shutting Down on May 15, 2019

Coinome has decided to completely shutdown its exchange operations in India. The exchange will suspend all the cryptocurrency markets and all the open/pending orders will be cancelled on May 15, 2019. The exchange has asked its users to withdraw their crypto assets from the Coinome wallets at the earliest.

Twitter user Crypto India News was the first to point out this development:

Early reports about the exchange’s shutdown started doing the rounds last month, and we had even covered the development in one of our podcast episodes.

The exchange was launched by payments giant BillDesk. Coinome joins the likes of Zebpay and Coindelta which have shut down operations in India following the RBI banking ban.

(Image Credit: Coinome)
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