OKX Lists CATI/USDT Perpetual Swap in Innovation Zone

IconCryptoNewsTerminal Staff05 Sep, 2024

cryptonews.jpg

OKX Lists CATI/USDT Perpetual Swap in Innovation Zone

OKX, one of the leading cryptocurrency exchanges, has announced the listing of the CATI/USDT perpetual swap in its Innovation Zone. The listing is scheduled to go live on September 5th at 15:00 (Korean Time). Perpetual swaps are a type of derivative contract that allow traders to speculate on the future price of an asset without having to take delivery of the underlying asset. They are popular among traders because they offer leverage and allow for short selling. The CATI token is the native token of the Cati Network, a blockchain-based platform that provides a range of services, including decentralized finance (DeFi) and non-fungible tokens (NFTs). The listing of the CATI/USDT perpetual swap on OKX is expected to provide greater liquidity and trading opportunities for CATI holders. It is also a testament to OKX's commitment to providing its users with access to a wide range of innovative and promising crypto assets.