The top cryptocurrency exchange and Web3 firm Bitget has announced that Bitcoin Cats (1CAT), the GameFi platform for the BTC Ecosystem, has been listed. Users can trade the token on Bitget by accessing the BRC20 Ordinals-based ecosystem through the Bitcoin ecosystem Innovation zone. Upon listing, Spot Grid Trading will go live in a day.
BitcoinCats is a Bitcoin-based GameFi platform that translates to Ethereum (and other Layer2) networks using Bitcoin Assets (BRC20, Ordinals NFT, and others). As a more recent addition to the Bitcoin Assets, BitcoinCats extends its use to Play2Earn, Staking, Farmland, SocialFi, and numerous more platforms. BitcoinCats unites the cryptocurrency communities as the next-generation game environment spanning Bitcoin and EVM networks. A portion of the native token of the BitcoinCats ecosystem, 1CAT, is bridged or wrapped to Ethereum in order to take advantage of the advanced DeFi and GameFi infrastructure. 1CAT was first inscribed on Bitcoin.
1CAT can be used to purchase and improve a variety of in-game items, including farms, pets, equipment, and avatars. In addition, it acts as a ticket that gives players access to exclusive features.
Gracy Chen, Managing Director at Bitget said: “The addition of 1CAT enhances Bitget’s strategic expansion and commitment to broadening investment options for its users. We’re committed to supporting the BRC-20 ecosystem and its innovative high-potential projects. To bring better accessibility to the Bitcoin ecosystem to the masses, Bitget’s innovation zone lists trending tokens, granting exceptional access to highly valuable digital assets within the industry.”
The 1CAT placement on Bitget’s innovation zone facilitates user access to more forthcoming, highly potential cryptocurrency projects as well as the token’s early launch phases. The innovation zone, created for trading new token offerings, is mostly used for trending tokens (first listings). All newly listed pairs in the zone are given a 60-day valuation period. To maintain the listing status active, the recently listed tokens will be periodically examined to ensure they meet Bitget’s platform requirements for trading volume, liquidity, the team, project development, and other factors.
SATS and ORDI were formerly listed on Bitget in the BRC20 ecosystem zone.
Bitget users can use bank transfers, debit/credit cards, and other multi-currency payment options to purchase popular and recently listed tokens like CAT1. Bitget featured more than 300 brand-new, high-potential projects in 2023.