- KuCoin has formally launched the CATS token for buying and selling on its platform.
- CATS incentivizes Telegram customers with rewards primarily based on exercise and engagement.
- The token shall be accessible for buying and selling on the CATS/USDT pair as we speak.
KuCoin, a number one cryptocurrency alternate, has introduced the launch of CATS (CATS), a fast-growing mission constructed on the Toncoin community. The announcement was shared on the KuCoin web site and social media channels, confirming that CATS buying and selling is reside as we speak.
In a press release, KuCoin mentioned it was excited so as to add the CATS token to its spot buying and selling platform, calling it a novel and helpful 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 beginning buying and selling
For individuals who don't know, CATS is a Telegram and TON Client app that gives Telegram customers with unique CATS tokens for his or her exercise, account age and Telegram premium subscription standing. The extra customers work with the applying, the extra CATS tokens they’ll accumulate.
Moreover, the app has interactive options reminiscent of pal referrals, digital product collections, and “CAT Picture” sharing. This offers customers with a novel and enjoyable solution to work together with the Telegram group and earn rewards.
Buying and selling of CATS tokens begins on KuCoin on Tuesday, October 8 at 10:00 UTC. The alternate will begin the withdrawal companies for the CATS token 24 hours later. As well as, the token shall be listed in a buying and selling pair with Tether USD (USDT), permitting customers to commerce below the CATS/USDT ticker.
TON initiatives with the theme of KuCoin and Cat
With this newest itemizing, CATS joins the rising group of Ton community cat-themed initiatives lately listed by KuCoin.
In August, KuCoin listed the Simon's Cat (CAT) token, backed by the unique firm Simon's Cat. The CAT token helps the worldwide welfare of cats, much like Vitalik Buterin's imaginative and prescient of utilizing blockchain for social affect.
In September, the alternate additionally added Catizen (CATI), a preferred Telegram gaming bot that connects Telegram to the TON blockchain, facilitating using Web3 by way of easy cell funds.
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