- KuCoin has formally launched CATS tokens for buying and selling on the platform.
- CATS incentivizes Telegram customers with rewards based mostly on exercise and engagement.
- This token can be accessible for buying and selling on the CATS/USDT pair beginning as we speak.
KuCoin, a number one cryptocurrency change, introduced the itemizing of CATS (CATS), a fast-growing undertaking constructed on the Toncoin community. The announcement was shared on KuCoin’s web site and social media channels, confirming that the CATS transaction is now occurring.
KuCoin mentioned in an announcement that it’s excited so as to add the CATS token to its spot buying and selling platform, calling it a novel and invaluable addition. To realize this, KuCoin has began depositing CATS tokens over the supported Ton community utilizing the TON-Jetton protocol.
About beginning transactions with CATS
For these unfamiliar, CATS is a Telegram and TON Client software that gives Telegram customers with unique CATS tokens relying on their exercise, account age, and Telegram premium subscription standing. The extra customers use the app, the extra CATS tokens they’ll accumulate.
Moreover, the app has interactive options reminiscent of refer a good friend, digital product assortment, and “CAT Photograph” sharing. This provides customers a novel and enjoyable strategy to work together with the Telegram group and earn rewards.
CATS token buying and selling will start on KuCoin on Tuesday, October eighth at 10:00 UTC. The change will begin the withdrawal service for CATS tokens in 24 hours. Moreover, the token can be listed on a buying and selling pair with Tether USD (USDT), permitting customers to commerce underneath the CATS/USDT ticker.
KuCoin and cat-themed TON undertaking
With this newest itemizing, CATS joins the rising group of cat-themed Ton community initiatives that KuCoin just lately listed.
In August, KuCoin listed the Simon's Cat (CAT) token with help from 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 impression.
In September, the change additionally added Catizen (CATI), a preferred Telegram gaming bot that connects Telegram to the TON blockchain, making Web3 simpler to make use of via easy cellular funds.
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