OKX Launches USDT-Based Futures Feature For Catizen Tokens

OKX launched the Futures Pre-Pasar feature based on USDT for Catizen tokens (Photo; Doc. Vecteezy)

JAKARTA - OKX has just announced the launch of the Pre-Market Futures feature for the USDT-based Catizen token (CATI). Through this feature, users can engage with the CATI token before it is officially listed on the spot market. This announcement was released in conjunction with the start of trading the futures feature today, to be precise at 06:00 UTC. This step was taken after Telegram-based game, Catizen, managed to attract 29 million on-chain users.

Through this new feature, OKX users have the opportunity 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).

Although the date of futures contract delivery has yet to be determined, OKX promises to announce it in the coming weeks. This gives users time to monitor market movements and plan a better strategy for entry. In addition to working with OKX, Catizens are also expanding their network through a number of strategic collaborations with other companies.

One of the important partnerships is with HashKey Group, a digital asset financial services provider in Hong Kong. This collaboration adds to Catizen's record of achievements, which have continued to grow rapidly in recent months.

According to Coinspeaker information, on Wednesday, Catizen expanded its ecosystem by introducing a trading bot called Vanilla Finance. This bot is a unique combination of games and Decentralized Finance (DeFi), integrating entertainment elements with blockchain-based financial elements. Through Vanilla Finance, Catizen users can quickly make direct trading transactions from the Telegram interface.

This move shows Catizen's ambition to create a more dynamic environment and provide financial benefits for its players. In addition, on August 27, Catizen also announced plans for partnership with Elliptic, the leading service provider of Know Your Transaction (KYT) and Anti-Money Laundering (AML) in the crypto industry. This partnership aims to maintain the security and compliance of the Catizen ecosystem in line with its rapid growth.

Catizens also continue to draw attention to the launch of a new mini-game that increases player engagement on The Open Network (TON) network. One of the most 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.