BitMEX Launches CATI Pre-Launch Futures Contracts with 2x Leverage
Caroline Bishop Sep 16, 2024 10:33
BitMEX adds CATI token futures with 2x leverage, enhancing trading options on the Ton network.
BitMEX has announced the launch of new pre-launch futures contracts for CATI, the Catizen token on the Ton network. The new listing, under the trading pair CATIUSDTU24, offers up to 2x leverage, according to the BitMEX Blog.
Details of the New Listing
The trading for CATIUSDTU24 began on September 16, 2024, at 09:00 UTC. This strategic addition aims to provide traders with more diversified options within the crypto futures market. The CATI token, known for its association with the Ton network, is anticipated to attract significant interest from traders looking to leverage its potential.
Trading Specifications
BitMEX has provided comprehensive details on the specifications of the new futures contract. Traders can access the full specs on the BitMEX platform. The contract allows for up to 2x leverage, offering traders the opportunity to amplify their positions while managing risk effectively.
Market Implications
This move by BitMEX underscores the growing interest in tokens associated with the Ton network. The introduction of leveraged futures contracts for CATI could potentially drive higher trading volumes and liquidity in the market. It also reflects BitMEX's commitment to expanding its range of trading instruments to meet the evolving needs of the crypto trading community.
Related Developments
In related news, the Ton network has been gaining traction with multiple token listings and strategic partnerships. The network's robust technology and growing ecosystem have made it a focal point for new token launches and trading opportunities. This trend is likely to continue as more platforms recognize the potential of Ton-based assets.
For further details on the CATIUSDTU24 listing, traders are encouraged to visit the official BitMEX Blog.
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