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Cryptocurrency News Articles

CATI Token Launches on Bybit's Pre-Market Trading Platform

Jul 30, 2024 at 07:02 pm

Bybit, the world's second-largest cryptocurrency exchange by trading volume, is excited to announce the listing of the $CATI token from the popular Telegram game

CATI Token Launches on Bybit's Pre-Market Trading Platform

Cryptocurrency exchange Bybit is now offering pre-market trading for the $CATI token from the popular Telegram game, Catizen. The token will be available for trading on Bybit's OTC platform starting July 30.

This marks the first time that a token will be listed on Bybit's pre-market trading platform. The platform is designed to give users early access to new tokens before they begin trading on the broader market.

Users will be able to buy and sell CATI tokens at predetermined prices on Bybit's OTC platform. This will give them an advantage over other traders who will have to wait for the token to be listed on the broader market before they can begin trading it.

The CATI token is used to purchase in-game items and to participate in governance activities within Catizen. The game has a cult following of 500,000 paying users and has generated $16 million in revenue from in-app purchases.

A portion of the revenue generated by Catizen is donated to rescue stray cats. The game is integrated with The Open Network (TON) blockchain, and its use of TON-based smart contracts for in-game rewards has introduced millions to blockchain technology.

Bybit's introduction of CATI to its pre-market platform is a testament to its ongoing efforts to innovate and provide users with strategic trading advantages. The launch aligns with Bybit's vision of enhancing the trading experience and expanding opportunities in the digital asset space.

Original source:cryptodaily

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