OKX Announces Pre-Market Futures Feature Launch for Catizen (CATI) Token
Crypto exchange OKX has just announced the launch of a pre-market futures feature for the USDT-based Catizen token (CATI). This feature will allow users to engage with the CATI token before it is officially listed on the spot market.
The announcement was made on Monday, October 10, in conjunction with the commencement of trading the futures feature today, to be precise at 06:00 UTC.
This move comes after the Telegram-based game, Catizen, managed to attract 29 million on-chain users.
With this new feature, OKX users will be able to trade futures contracts with leverage up to 2x for upcoming tokens, such as CATI, before the launch of tokens publicly or Generation Event (TGE) Tokens. This includes public token sales or coin offerings on the exchange (Initial Coin Offering / Initial Exchange Offering).
While the delivery date for the futures contract has yet to be determined, OKX will be announcing it in the coming weeks. This gives users time to monitor market movements and plan a better strategy for entry.
Apart from working with OKX, Catizens is also expanding its network through several strategic collaborations with other companies.
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One of the major partnerships is with HashKey Group, a digital asset financial services provider in Hong Kong. The collaboration adds to Catizen’s record of achievements, which have continued to grow rapidly in recent months.
As reported by Coinspeaker earlier, on Wednesday, Catizen expanded its ecosystem by introducing a trading bot called Vanilla Finance. The bot is a unique combination of games and Decentralized Finance (DeFi), integrating entertainment elements with blockchain-based financial elements. With Vanilla Finance, Catizen users will be able to carry out direct trading transactions from the Telegram interface.
The move showcases Catizen’s ambition to create a more dynamic environment and provide financial benefits for its players.
Moreover, on August 27, Catizen also announced plans for a partnership with Elliptic, the leading service provider of Know Your Transaction (KYT) and Anti-Money Laundering (AML) in the crypto industry. The partnership is aimed at maintaining the security and compliance of the Catizen ecosystem in line with its rapid growth.
Catizens also continues to drum up attention with the launch of a new mini-game that boosts player engagement on The Open Network (TON) network.
One of the popular mini-games is Play for the Airdrop, Heal the World, which is designed to combine pleasure with social responsibility, although details of the mechanism are still awaiting further announcements.
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