Binance to list Katana (KAT) on the 18th

Doohyun Hwang

Summary

Binance said it will begin spot trading for KAT at 10 p.m. on the 18th and support a total of three trading pairs.
It said the newly listed KAT will be assigned a Seed Tag to warn of high volatility and risk.
Binance said it has allocated 150 million KAT for marketing activities and warned of potential fraud when trading on unofficial platforms.

Forecast Trend Report by Period

Global digital asset (cryptocurrency) exchange Binance announced on the 12th (local time) that it will newly list Katana (KAT) and apply a “Seed Tag,” warning of high volatility.

On the day, Binance said on its official website, “Spot trading for KAT will begin at 10 p.m. on the 18th (KST). There will be three spot trading pairs: KAT/USDT, KAT/USDC, and KAT/TRY.” Withdrawal services are scheduled to be available starting at 10 p.m. on the 19th (KST), the day after trading begins.

Binance also said it has separately allocated 150 million KAT tokens for upcoming marketing activities. Details of specific marketing and airdrop events will be provided later via a separate announcement.

Notably, the newly listed KAT will carry a “Seed Tag.” The Seed Tag is assigned to early-stage innovative projects that have been listed only recently and may entail higher volatility and risk compared with regular tokens.

Binance explained, “KAT will also be listed and traded as part of the ‘Binance Alpha’ event, our early-stage project support program,” adding, “However, trading volume generated after spot trading officially begins will be excluded from the Binance Alpha Points calculation criteria.” It further cautioned, “If you trade this token on unofficial platforms, you may be exposed to fraud, so investors should conduct thorough due diligence and exercise caution.”

KAT