BitMEX Launches CATI Pre-Launch Futures Contracts with 2x Leverage

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.

Image
source:
Shutterstock