Cryptocurrencies

CATI Token from Catizen on Bybit’s Pre-Market Trading – Chainwire

Dubai, United Arab Emirates, July 30th, 2024

Bybit, the world’s second-largest cryptocurrency exchange by trading volume, is thrilled to announce the listing of the $CATI token from the popular Telegram game, Catizen, on its pre-market trading platform starting July 30. This initiative reflects Bybit’s dedication to providing early access opportunities for its rapidly growing user base of 37 million.

CATI Token Launches on Bybit’s Pre-Market Trading Platform

Through Bybit’s pre-market trading feature, users will have the chance to engage with the CATI token ahead of its official market debut. This over-the-counter (OTC) platform allows traders to set quotes and execute trades at predetermined prices, benefiting those interested in early access to emerging tokens.

“Pre-market trading opens new avenues for our clients to engage with emerging tokens,” said Emily Bao, head of Spot trading at Bybit. “This listing allows more strategic trading positions ahead of official listings, demonstrating Bybit’s commitment to innovation and client empowerment within the digital asset markets.”

CATI Token and Catizen: A Game-Changer in Blockchain Integration

Developed by Pluto Studio, Catizen is a widely popular mini-game on Telegram, boasting a dedicated following of 500,000 paying users. Notably, the conversion rate from general users to paying users stands at 7%, significantly higher than the average for Telegram games.

Catizen has successfully generated $16 million in revenue from in-app purchases, with a portion of the proceeds directed towards rescuing stray cats. The game operates on The Open Network (TON) blockchain, making blockchain technology accessible to millions through TON-based smart contracts utilized for in-game rewards.

Pre-Market Trading: A Strategic Advantage

Bybit’s integration of CATI into its pre-market platform underscores its ongoing commitment to innovation and providing users with strategic trading advantages. This launch aligns with the exchange’s vision of enhancing the trading experience and expanding opportunities within the digital asset realm.

About Bybit

Bybit is the world’s second-largest cryptocurrency exchange by trading volume, catering to over 37 million users. Founded in 2018, Bybit offers a professional platform featuring an ultra-fast matching engine, 24/7 customer service, and multilingual community support. Additionally, Bybit is a proud partner of the reigning Constructors’ and Drivers’ champions in Formula One: the Oracle Red Bull Racing team.

For media inquiries, please contact: [email protected]
Contact:
Head of PR
Tony Au
Bybit
[email protected]

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