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OKX Announces Pre-Launch Futures for Upcoming Altcoin

04.08.2024 8:30 1 min. read Alexander Stefanov
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OKX Announces Pre-Launch Futures for Upcoming Altcoin

Cryptocurrency exchange OKX has revealed that it will list the DOGS altcoin on its pre-launch market.

Starting from 06:00 UTC on August 5, 2024, traders will be able to access USDT-margined futures for DOGS.

These futures can be traded through API, as well as on OKX’s website and mobile app.

OKX’s pre-market futures trading allows users to speculate on cryptocurrencies that haven’t yet been officially listed. These contracts are settled in USDT and become available before the coin is introduced to the spot market.

DOGS is based on Spotty, a mascot developed by Pavel Durov, the founder of The Open Network (TON), specifically for the Telegram community.

The DOGS project has not yet disclosed details about its token issuance or total supply. Fluctuations in supply could affect market prices, so OKX recommends that users remain vigilant about market trends, exercise caution, and manage risks appropriately.

With over 8 years of experience in the cryptocurrency and blockchain industry, Alexander is a seasoned content creator and market analyst dedicated to making digital assets more accessible and understandable. He specializes in breaking down complex crypto trends, analyzing market movements, and producing insightful content aimed at educating both newcomers and seasoned investors. Alexander has built a reputation for delivering timely and accurate analysis, while keeping a close eye on regulatory developments, emerging technologies, and macroeconomic trends that shape the future of digital finance. His work is rooted in a passion for innovation and a firm belief that widespread education is key to accelerating global crypto adoption.

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