Cobo will cease operations for its Wallet App on December 1, 2026, as part of a strategic business adjustment. Users must withdraw all assets before 23:59 on November 30, while Cobo’s other business lines will continue to operate normally. Accounts retaining funds after the shutdown deadline will face a monthly management fee of 2% on remaining assets, deducted in the original currency with a minimum charge of $100 equivalent. If the total balance falls below $100, the entire amount will be deducted in a single lump sum, with the first fee scheduled for January 1, 2027. Users are advised to update any Cobo Wallet deposit addresses currently linked to exchanges, mining pools, or other platforms.