COPX Official Announcement: Clarification on Recent Off-Exchange Speculation of Fragments & Guarantor Recruitment Notice
Dear COPX community users:
Recently, we've observed multiple cases of individuals off-exchange speculating on fragmented assets 🧩at inflated prices.
Some users have a misunderstanding of the price, and even the unsecured transaction, the risk of the asset is difficult to define.
To protect user rights and ensure the long-term healthy operation of the fragmentation system, we hereby issue the following notice:
I. Explanation of the official stance
The launch of the Fragment System rewards users who actively participate in mining transactions, providing long-term incentives for the ecosystem.
All forms of off-market speculation, off-market price commitments, and unregulated private acquisitions are not associated with COPX.
The authorities shall neither intervene nor assume liability for any asset losses resulting from personal off-exchange transactions.
2. Official Launch: Recruitment for COPX Official Guarantor
To provide users with a secure, transparent, and traceable over-the-counter (OTC) trading environment, we will establish:
✔ Officially certified guarantor system
The first batch of partner applications is now open.
Official guarantors will receive:
• Officially verified identity (displayed in X/TG/App)
• Official risk management guidelines
• Limited guarantee authority
• Official guarantee process support
• Priority intervention channel for risk events
The guarantor shall:
• Protect the security of users' off-exchange trading processes
• Avoid fake prices and fraudulent orders
Provide standardized procedures and documentation
• Help users complete secure transactions
3. Why to set up guarantor?
Recently, the fragmented market has seen significant off-market acquisitions, resulting in noticeable price fluctuations.
To avoid:
• ❗ New users are lured by false high prices
• ❗ Fraudulent activities such as fake orders, fleeing, and fake images
• ❗The market price system is being maliciously manipulated
• ❗ Community members suffer financial losses
The government has decided to set up a controllable and safe mechanism, so that users can check, follow the process and track down the problems.
This also lays the foundation for the security of the upcoming fragment follow-up function / scene.
IV. Method of Application for Guarantors
If you have a good reputation, community resources, and are willing to help maintain ecological security, you can apply in the following ways:
👉Send a private message to the official Twitter account to apply for a guarantor
👉Provide basic identity information and transaction records
👉The guarantor must provide a deposit of 3,000 units.
👉After passing the official review, you will receive the guarantor badge and permissions
(Strict review, limited slots, and admission is based on merit)
V. A Warm Reminder
All users must:
• Avoid high-priced over-the-counter transactions with strangers
Do not transfer money to unverified accounts
• If you notice any risk signs, report them to customer service
Exercise extreme caution to safeguard your assets until the guarantor system is fully operational.
COPX team
2025.12.1