OKX to Launch Pre-Market Futures for CATI Cryptocurrency

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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

FeatureSpecification
Underlying IndexCATI/USDT (last contract price)
Settlement CryptoUSDT
Contract Size10 CATI
Price QuoteUSDT value per 1 CATI
Price Increment0.0001
Leverage Range0.01 - 2x
Trading Hours24/7
Contract TypeExpiry futures
Delivery TimingPost-spot listing (exact date TBA)

๐Ÿ‘‰ Discover how pre-market futures work

Position Limits and Trading Rules

Tiered Position Limits

TierMax Open Position (Contracts)MMRIMRMax Leverage
11,00015%50%2x
22,00018%50%2x
...............
1220,00028%100%1x

Special User Limits

User TypePosition Limit (Contracts)
USDT-margined DMM Futures User20,000
Regular User2,000

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:

Risk Considerations

  1. Project teams may change token issuance plans, causing market price volatility. Always practice risk management.
  2. Pre-market prices reflect speculative activity and may differ from actual listing prices.
  3. Listing isn't guaranteed - monitor OKX announcements for updates.

๐Ÿ‘‰ 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