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- KuCoin has formally launched the CATS token for buying and selling on its platform.
- CATS incentivizes Telegram customers with rewards based mostly on exercise and engagement.
- The token will probably be obtainable for buying and selling as we speak within the CATS/USDT pair.
KuCoin, a number one cryptocurrency trade, introduced the itemizing of CATS (CATS), a fast-growing venture constructed on the Toncoin community. The announcement was shared on KuCoin’s web site and social media channels, confirming that CATS buying and selling is dwell as we speak.
Of their assertion, KuCoin stated they have been excited so as to add the CATS token to its spot buying and selling platform, calling it a novel and useful addition. To make this occur, KuCoin launched CATS token deposits by way of the supported Ton community, utilizing the TON-Jetton protocol.
About CATS and Buying and selling Launch
For these unfamiliar, CATS is a Telegram and TON Shopper software that provides Telegram customers unique CATS tokens for his or her exercise, account age, and Telegram Premium Subscription Standing. The extra customers have interaction with the app, the extra CATS tokens they’ll accumulate.
Plus, the app has interactive options, like buddy referrals, digital product collections, and “CAT Photograph” sharing. This provides customers a novel and entertaining technique to work together with the Telegram group and earn rewards.
CATS token buying and selling begins on KuCoin on Tuesday, October 8, at 10:00 UTC. The trade will launch withdrawal providers for the CATS token 24 hours later. Moreover, the token will probably be listed in a buying and selling pair with Tether USD (USDT), permitting customers to commerce beneath the CATS/USDT ticker.
KuCoin and Cat-Themed TON Initiatives
With this newest itemizing, CATS joins a rising group of cat-themed Ton community initiatives that KuCoin has listed just lately.
In August, KuCoin listed Simon’s Cat (CAT) token, backed by the unique Simon’s Cat firm. The CAT token helps world cat welfare, just like Vitalik Buterin’s imaginative and prescient of utilizing blockchain for social impression.
In September, the trade additionally added Catizen (CATI), a well-liked Telegram gaming bot that connects Telegram with the TON blockchain, making Web3 simpler to make use of via easy cellular funds.
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