OKX to List USDT-Margined Pre-Market Futures for DOGS Token

OKX, a leading crypto exchange and global Web3 technology company, has issued updates for August 5, 2024.

OKX to List USDT-Margined Pre-Market Futures for DOGS Token

OKX is thrilled to announce the listing of USDT-margined Pre-Market Futures for the DOGS token. This new addition will be available from 3:00 AM (UTC) on August 5.

OKX’s Pre-Market Futures allows eligible customers* to trade futures contracts with up to 2x leverage for upcoming tokens before a Token Generation Event (TGE), token public sale or Initial Coin/Exchange Offering (ICO/IEO).

Key Features of the DOGS Pre-Market Futures Contract:

• Underlying Index: DOGS/USDT index (index is the last price of the contract)
• Settlement Crypto: USDT
• Face Value: 1000 DOGS
• Price Quotation: Quote based on the USDT price of 1 DOGS
• Tick Size: 0.000001
• Leverage: 0.01 – 2x
• Trading Hours: 24/7 trading
• Contract Type: Expiry futures
• Delivery Time: To be announced separately

Further details can be found here.

DOGS is a meme coin that has recently surfaced as a standout player by leveraging the power of community and the TON blockchain to build a Telegram-native ecosystem. DOGS distributes the majority of its tokens to the community, ensuring that the people who engage and contribute to the ecosystem become its true owners. This grassroots participation creates a strong sense of belonging and collective purpose among its holders.

*Not all products offered in all regions. Trading in pre-market futures is highly risky due to such factors as lower liquidity, higher price volatility, and there is increased liquidation risk. Not all tokens underlying pre-market futures will ultimately be listed on OKX. Users will not receive underlying tokens. OKX retains sole discretion to adjust any listing, extend or terminate the futures contract and/or settlement date for the futures contract, or suspend trading in pre-market futures. For more details, please refer to the OKX Terms of Service and Risk & Compliance Disclosure.

To learn more, visit OKX’s Support Center.

For further information, please contact:

Media@okx.com

About OKX

OKX is a leading global crypto exchange and innovative Web3 company. Trusted by more than 50 million global users, OKX offers a secure and trustworthy platform that provides responsible crypto traders with innovative tools to access the world of crypto.

As a global brand and top partner of Manchester City FC and McLaren Racing, OKX uses Web3 technology to redefine how fans connect with their favorite teams. Recent examples include its Unseen City Shirts and Race Rewind digital collectible campaigns, which offer fans real-world benefits like exclusive match-day and trackside experiences. As the Presenting Partner of Tribeca Festival, OKX also empowers artists and creators through Web3.

In line with its “on-chain, any chain” philosophy, OKX contributes to the growth of the Web3 ecosystem via its secure, interoperable and self-custody enabled OKX Wallet. OKX Wallet is a user-friendly gateway to the on-chain world, connecting to over 100 blockchains, 10,000 dApps, 170+ DeFi protocols, 300,000 tokens and 490+ decentralized exchanges (DEXs).

OKX is committed to transparency and security, and publishes its Proof of Reserves monthly to build trust. It is also dedicated to expanding its educational resources through OKX Learn, making digital assets accessible and understandable for a broader audience.

To learn more about OKX, download our app or visit: okx.com

Disclaimer

This announcement is provided for informational purposes only. It is not intended to provide any investment, tax, or legal advice, nor should it be considered an offer to purchase, sell, hold or offer any services relating to digital assets. Digital assets, including stablecoins, involve a high degree of risk, can fluctuate greatly, and can even become worthless.

SOURCE OKX