PANews October 16 news: According to an official announcement from Cobo, due to business strategy adjustments, the Cobo Wallet App will shut down its services on December 1, 2026 (UTC+8). Users must transfer out all assets before 23:59 on November 30. Cobo's other businesses will continue to operate as usual. If assets remain in an account after the shutdown, Cobo will charge a monthly management fee of 2% of the remaining assets, deducted in the original currency, with a monthly minimum equivalent to USD 100; if the total asset value is less than USD 100, the entire balance will be deducted in a one-time charge. The first fee will be charged on January 1, 2027. Cobo reminds users to replace the Cobo Wallet receiving addresses set on exchanges, mining pools, and other platforms.
The Cobo Wallet App will be shut down on December 1, and assets not transferred out by the deadline will incur a 2% monthly management fee.
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