The $KTN token will soon be available to the public, so everyone in the community can get their hands on this IDOs. Kattana successfully completed their 1.3m funding round and is ready to launch its platform. Kattana offers a much needed trading view platform for DEXs (Decentralised Exchanges) which is will help certainly help boost the platforms and projects. You can access their presentation on this link.
Kattana will offer 3 types of limit orders within the Kattana terminal, which will certainly make your DEX trading more effective.
1-Limit market order
A limit market order is a conditional order, where the user sets the desired sell/buy price, and when that specified price is triggered the asset is sold/bought at the market price.
This type of order enables users to guarantee the fulfillment of the desired buy/sell action at the specified price to minimize the probability of surprises.
A limit order is a conditional order, where the order to buy/sell assets are set at a price that’s no higher/lower than specified.
This type of order is made to protect users from buying at a high price or selling at a low one.
It is not meant for a specific user but rather for the arbitrage traders that will fill it*, to collect a small fee on top of the deal value.
*= The fulfillment of the orders is not guaranteed in times of high volatility.
3-CE-DE limit order
A CE-DE limit order is a symbiosis of decentralized and centralized environments, whereby simply using a button, users will have the possibility to buy/sell the specified asset on a centralized exchange without having to make a deposit on that exchange and to make exchanges at a substantial high pace with no extra steps.
Kattana is everything a trader would need, understandable easy to use features that form a bigger picture, that symbolizes the exclusive added value that we are bringing into this decentralized trading space.
IDOs in DEXs have been booming over the past months and getting into a whitelist can certainly give you exponential rewards. Kattana with a max tokens of 10 Million will certainly be a gem to watch-out. Check it out on Polkastarter