- 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 can be out there for buying and selling at present within the CATS/USDT pair.
KuCoin, a number one cryptocurrency change, introduced the itemizing of CATS (CATS), a fast-growing mission constructed on the Toncoin community. The announcement was shared on the KuCoin web site and social media, confirming that CATS buying and selling is stay at present.
In its assertion, KuCoin stated 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 attain this, KuCoin launched CATS token deposits through 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 Client app that gives Telegram customers unique CATS tokens for his or her exercise, account age, and Telegram Premium subscription standing. The extra customers work together with the app, the extra CATS tokens they will accumulate.
Moreover, the app has interactive options, resembling buddy referrals, digital product collections, and “CAT picture” sharing. This offers customers a novel and entertaining strategy 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 change will launch CATS token withdrawal providers 24 hours later. Moreover, the token can be listed in a buying and selling pair with Tether USD (USDT), permitting customers to commerce underneath the CATS/USDT ticker.
TON KuCoin and cat-themed initiatives
With this newest itemizing, CATS joins a rising group of cat-themed Ton community initiatives that KuCoin has just lately listed.
In August, KuCoin listed the Simon's Cat (CAT) token, backed by the unique Simon's Cat firm. The CAT token helps international cat welfare, much like Vitalik Buterin's imaginative and prescient of utilizing blockchain for social influence.
In September, the change additionally added Catizen (CATI), a preferred Telegram gaming bot that connects Telegram to the TON blockchain, making it simpler to make use of Web3 via easy cellular funds.
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