OKX, a leading cryptocurrency exchange, has announced the listing of the new altcoin, DOGS, on its platform ahead of its official launch. This move allows users to engage in USDT-margined futures trading for DOGS starting from August 5, 2024, at 06:00 AM (TSI).
The DOGS altcoin draws its inspiration from Spotty, a beloved mascot created by Pavel Durov, the founder of The Open Network (TON), for the Telegram community. This connection to a popular messaging app and its charismatic mascot is expected to generate significant interest within the crypto community.
OKX’s pre-launch futures trading feature empowers users to trade on derivatives of cryptocurrencies before their official listing on spot markets. This innovative approach allows traders to capitalize on potential price movements even before the asset becomes widely available.
While the pre-launch listing of DOGS offers exciting trading opportunities, it’s important to note that the total supply of DOGS tokens has not yet been finalized. Any changes in the token issuance plan could lead to significant price fluctuations. OKX strongly advises users to conduct thorough research, implement risk management strategies, and exercise caution when trading in this market.
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