Decentralized Celestia (TIA) Pre-Launch Futures Listing on Helix

Decentralized Celestia (TIA) Pre-Launch Futures Listing on Helix

For the first time ever, traders are able to gain access to the Celestia (TIA) token prior to its official launch through Helix’s new product offering, Pre-Launch Futures! 

Helix is the first exchange, centralized or decentralized, that now offers users an opportunity to trade TIA, the highly anticipated Celestia token.

You can now trade TIA Pre-Launch Futures on Helix with leverage, the premier on-chain derivatives exchange built on Injective. Read more below to find out more about Pre-Launch Futures, Celestia, the benefits of trading TIA Pre-Launch Futures on Helix, and a step-by-step guide on how to start trading.

Get started here: https://helixapp.com/futures/tia-usdt-30nov2023/ 

What Are Pre-Launch Futures?

A Pre-Launch Futures market offers users the opportunity to trade futures on tokens that have not launched yet. Traditionally, gaining access to assets before their official launch has been a privilege reserved for early contributors, VCs or wealthy insiders. Helix is aiming to disrupt this closed system by allowing, for the first time ever, the decentralized trading of popular upcoming tokens prior to their official launch or listing on a public cryptocurrency exchange. 

The first Pre-Launch Futures market available on Helix will feature the much-anticipated Celestia (TIA) token. Helix is also the first exchange to grant the general public access to the Celestia (TIA) token through this new Pre-Launch Futures product. 

What Is Celestia (TIA)?

Celestia is a modular consensus and data network, built to enable anyone to easily deploy their own blockchain with minimal overhead. Celestia claims to be one of the first modular blockchain networks and has raised $55 million to date from leading funds such as Bain Capital Crypto and Polychain. 

TIA is the native token of the Celestia blockchain. The token is used to secure the network via Proof of Stake and to pay for transaction fees on the network, and eventually a fee burn mechanism similar to EIP-1559 in Ethereum. Celestia is speculated to launch its token on major exchanges within the coming weeks. 

Why Trade TIA Pre-Launch Futures on Helix?

With Pre-Launch Futures, Helix is poised to redefine the future of crypto trading by offering a fully decentralized, community-driven platform that empowers users to participate in the most promising token launches. Helix invites traders and crypto enthusiasts to experience this revolutionary feature and become part of the decentralized trading revolution. 

With a diverse array of upgrades and advanced enhancements, Helix is the only truly decentralized derivatives exchange. Helix provides completely unmatched exchange, advanced order types, a brand new Swap interface, trading histories, and reward tracking to Injective users. Anyone can use Helix as a crypto cross-chain trading gateway with zero gas fees, best-in-class security, and lightning-fast speeds. 

TIA/USDT-30NOV23 Market Details

  • Underlying market: TIA
  • Quote asset: USDT
  • Minimum price tick size: $0.001 USDT
  • Minimum quantity step: 0.1
  • Expire: Expire on Nov 30, 2023
  • Maximum leverage: 3X
  • Initial margin ratio: 33.0%
  • Trade and earn multiplier: 50X maker pts; 50X taker pts
  • Fee: -0.05% maker fee; 0.5% taker fee
  • Trading hours: 24/7/365

 

How to Trade TIA Pre-Launch Futures on Helix? 

In order to trade the TIA Pre-Launch Futures market on Helix, you will need to have USDT in your Injective Wallet. The first step is to bridge assets from the Ethereum network to Injective.

Option 1: Bridge USDT from Ethereum to Injective 

  • Connect your Ethereum wallet (e.g. MetaMask, Ledger, Torus, Trezor) and make sure it has a USDT balance;
  • Go to the Account page on Helix and click “Deposit”;
  • Select Ethereum in the dropdown menu and select USDT as the token you want to bridge;
  • Click the “Set Allowance” button, which allows the bridge contract to use your USDT for the transfer; this will prompt you to sign a transaction via MetaMask or another wallet;
  • Note that you need to pay a small amount in ETH gas fees to bridge tokens from Ethereum (but don’t worry there won’t be any gas fees on Injective!). Click “Confirm” to continue;
  • Enter the amount of USDT you want to bridge over and click “Transfer Now”;
  • After a few minutes, the transaction will be completed;
  • You can check your USDT balance via the Injective Wallet or Account page on Helix.

Option 2: Onboard with Fiat

  • You can also onboard onto Helix using popular fiat currencies by selecting from one of the fiat on-ramp providers such as Kado, Transak or Payfura.
  • Choose your payment currency (e.g. USD) and enter the amount in fiat you would like to swap;
  • Select Injective as the network to receive your payment amount; 
  • Follow the instructions and continue the steps;
  • Once the transaction is completed, you will see the USDT or INJ balance on Injective Wallet or Account page under Helix;
  • Swap INJ to USDT by using the Swap feature if needed.

Trade TIA Pre-Launch Futures on Helix

  • Go to the TIA/USDT-30NOV23 market on Helix;
  • Choose the side you want to trade on, either Buy (Long) or Sell (Short);
  • Then choose the type of order you want to trade, from Market, Limit, or more advanced types;
  • Enter the amount you want to trade and select your desired leverage;
  • Submit your order and approve it with your wallet; 
  • Once the order is approved successfully, you will see a notification “Your order has been placed.” 

Upcoming Listings

Moving forward, Helix will continue to expand the markets available for users. All community members can propose to bring new assets to Helix using the governance portal on the Injective Hub. Ultimately, all INJ token holders own Injective so the community has the power to bring new assets to the dApp ecosystem.

Stay updated on all new listings by joining Helix on Twitter and Telegram

Useful Resources

  • How to create your Injective wallet: Link
  • Onboard onto Injective instantly with fiat: Link
  • Transfer assets to Injective via Injective Bridge: Link
  • A quick guide on how to make a trade on Helix: Link
  • Trade and Earn on Helix: Link
  • Earn trading fee discounts by staking INJ: Link

This article is for informational purposes only and is not financial advice or an endorsement of a particular project or application. Use of Helix is subject to Helix's Terms and Conditions.

About Helix

Helix is the premier decentralized crypto exchange. Helix provides access to unlimited crypto assets and perpetual markets with market leading rebates. Best-in-class security, near zero fees, lightning fast speeds, cross-chain capabilities and a fully on-chain orderbook on Helix provide the optimal gateway to bring crypto trading to the masses. Helix is built on Injective, the interoperable layer one blockchain for building powerful exchange, DeFi, derivatives & Web3 applications.

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About Injective

Injective is a lightning fast interoperable layer one blockchain optimized for building the premier Web3 finance applications. Injective provides developers with powerful plug-and-play modules for creating unmatched dApps. INJ is the native token that powers Injective and its rapidly growing ecosystem. Injective is incubated by Binance and is backed by prominent investors such as Jump Crypto, Pantera and Mark Cuban.

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About Celestia

Celestia is a modular consensus and data network, built to enable anyone to easily deploy their own blockchain with minimal overhead. TIA is the native token of the Celestia blockchain which is used to secure the network via Proof of Stake and to pay for transaction fees on the network, and eventually a fee burn mechanism similar to EIP-1559 in Ethereum.

Website | Twitter | Telegram | Discord | Blog | Github