Important Announcement Regarding $COT's Exchange Listings and Future Outlook

Thank you for your continued support of the COT Project.
Today, we have an important announcement regarding changes in the market environment and a significant decision made by COT as a result.

Regarding the Change of the Main Exchange for $COT

After careful consideration, we have decided to cease the handling of $COT on Bybit and transition our main trading environment to the previously announced exchange, BTSE.

For the detailed schedule regarding the delisting date, please refer to the announcement from Bybit:

Bybit Delisting Announcement

Background of this Change

  • Risk Factors in the Global Market
    Bybit experienced a large-scale hacking incident earlier this year, and concerns regarding the exchange's security risks remain.
  • Changes in the Japanese Regulatory Environment
    $COT is listed on Japanese domestic exchanges. With stricter regulations expected in the near future, maintaining a compliant operational structure is essential.
  • Adapting to Future Market Changes
    As the use of Decentralized Exchanges (DEXs) grows, we are proactively adapting our strategy to align with this global trend.

We believe that taking proactive steps rather than reactive ones is the best path forward for the future of $COT.

Recommended Trading Environments Going Forward

For our users residing in Japan:
We recommend using FSA-approved domestic exchanges such as Zaif and BitTrade.

For our users residing outside of Japan:
Please use BTSE or various DEXs.

In Closing

While we understand this news may cause concern for some in our community, we believe this decision is a crucial step toward building a healthy future for the project.

We kindly ask for your understanding and sincerely hope for your continued and unwavering support.

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