We're excited to announce that OKX will enable USDT-margined pre-market futures trading for CATI (Catizen token) starting September 5, 2024, at 6:00 am UTC. This update will be available across all platforms including web, mobile app, and API interfaces.
What Are Pre-Market Futures?
👉 Pre-market futures allow traders to speculate on cryptocurrencies before their official exchange listing. These USDT-margined contracts typically settle 3 hours after the token's spot market debut, providing early price discovery opportunities in a secure environment.
Key Features of CATI Pre-Market Futures
| Feature | Detail |
|---|---|
| Underlying Index | CATI/USDT (last contract price) |
| Settlement Currency | USDT |
| Contract Size | 10 CATI per contract |
| Price Quote | USDT value per 1 CATI |
| Minimum Price Movement | 0.0001 USDT |
| Available Leverage | 0.01x - 2x |
| Trading Schedule | 24/7 |
| Delivery Timing | After spot listing (exact date TBA) |
Position Limits and Margin Requirements
Tiered Position Limits
| Tier | Max Positions | MMR | IMR | Max Leverage |
|---|---|---|---|---|
| 1 | 1,000 | 15% | 50% | 2x |
| 2 | 2,000 | 18% | 50% | 2x |
| ... | ... | ... | ... | ... |
| 12 | 20,000 | 28% | 100% | 1x |
User-Specific Caps
| User Type | Position Limit |
|---|---|
| Futures DMM Users (USDT) | 20,000 |
| Other Futures Users | 2,000 |
About Catizen (CATI)
Catizen is transforming Web3 access through its Telegram gaming bot, bridging the Telegram-TON ecosystem to enable mobile payments at scale. With ambitions to become a mini-app hub combining Launchpool mechanics, short videos, and e-commerce, Catizen targets hundreds of billions in Web3 traffic.
Token Basics
- Name: Catizen
- Ticker: CATI
- Blockchain: TON
Important Risk Considerations
- Supply Uncertainty: Total CATI supply remains unconfirmed by the project team—changes may impact market prices.
- Price Discrepancy: Pre-market prices reflect speculative activity and may differ from eventual spot prices.
- Listing Not Guaranteed: Pre-market trading doesn't ensure eventual spot listing.
👉 OKX reserves the right to suspend pre-market trading at its discretion. Always monitor official announcements for updates.
FAQ
Q: When will CATI spot trading begin?
A: The exact date will be announced separately, typically after pre-market futures settlement.
Q: Can I withdraw CATI earned through futures?
A: No—pre-market futures are cash-settled in USDT. Spot CATI becomes available only after official listing.
Q: What happens if CATI isn't listed?
A: Contracts will settle based on OKX's predetermined methodology—details will be shared if this scenario occurs.
Last Updated: September 3, 2024