We're excited to announce that USDT-margined pre-market futures for CATI will go live on September 5, 2024, at 1:00 PM WIB. This update will cover web interfaces, mobile apps, and API integrations.
Understanding Pre-Market Futures
OKX's Pre-Market Futures allow traders to speculate on unlisted cryptocurrencies before their official spot market debut. These USDT-margined contracts typically settle 3 hours after the cryptocurrency's spot listing. This innovative product provides a secure platform for price discovery of emerging digital assets.
Key Features of CATI Pre-Market Futures
| Feature | Specification |
|---|---|
| Underlying Index | CATI/USDT (last contract price) |
| Settlement Crypto | USDT |
| Contract Size | 10 CATI |
| Price Quote | USDT value per 1 CATI |
| Price Increment | 0.0001 |
| Leverage Range | 0.01 - 2x |
| Trading Hours | 24/7 |
| Contract Type | Expiry futures |
| Delivery Timing | Post-spot listing (exact date TBA) |
๐ Discover how pre-market futures work
Position Limits and Trading Rules
Tiered Position Limits
| Tier | Max Open Position (Contracts) | MMR | IMR | Max Leverage |
|---|---|---|---|---|
| 1 | 1,000 | 15% | 50% | 2x |
| 2 | 2,000 | 18% | 50% | 2x |
| ... | ... | ... | ... | ... |
| 12 | 20,000 | 28% | 100% | 1x |
Special User Limits
| User Type | Position Limit (Contracts) |
|---|---|
| USDT-margined DMM Futures User | 20,000 |
| Regular User | 2,000 |
About CATI Token
Catizen represents a groundbreaking Telegram game bot that bridges Telegram and the TON blockchain, revolutionizing Web3 accessibility through mobile payments. Leveraging Telegram's massive user base, Catizen aims to establish Web3 traffic channels at billion-scale levels.
Token Details:
- Asset Name: Catizen
- Ticker: CATI
- Unique Value Proposition: Combines Launchpool features with short videos and e-commerce through gamified Play-to-Airdrop mechanics
Risk Considerations
- Project teams may change token issuance plans, causing market price volatility. Always practice risk management.
- Pre-market prices reflect speculative activity and may differ from actual listing prices.
- Listing isn't guaranteed - monitor OKX announcements for updates.
๐ Learn about trading risks
OKX reserves the right to suspend trading based on market conditions. All trading decisions should be made after careful consideration of individual risk tolerance.
FAQ
Q: How do pre-market futures differ from regular futures?
A: They trade before official spot listing and have unique settlement timelines (typically 3 hours post-listing).
Q: What happens if CATI isn't listed on spot markets?
A: Contracts will settle based on OKX's contingency protocols - check announcements for specifics.
Q: Can I use leverage with pre-market futures?
A: Yes, with limits between 0.01-2x depending on your position tier.
Q: Where can I track CATI's official listing progress?
A: Monitor OKX's official channels and project team announcements.
Q: Are there special margin requirements?
A: Yes - see the tiered MMR/IMR table above for maintenance/initial margin ratios.
Last Updated: September 3, 2024