PocketFi (SWITCH) Listing on CEX: How to Claim

The cryptocurrency landscape is constantly evolving, and the launch of new tokens often brings excitement and questions regarding their availability and claim processes. For those eagerly awaiting the PocketFi ($SWITCH) token, it's crucial to understand its unique launch strategy. Contrary to common expectations of immediate Centralized Exchange (CEX) listings, the $SWITCH token is taking a decentralized approach for its initial distribution.

This article will clarify the current status of PocketFi ($SWITCH) listing on CEX, detail its actual launch on a Decentralized Exchange (DEX), and provide a step-by-step guide on how to claim your $SWITCH tokens.

What is PocketFi ($SWITCH)?

PocketFi is an innovative Decentralized Finance (DeFi) platform designed as a Telegram mini-app. Its primary goal is to simplify complex DeFi activities, making them accessible directly within the familiar Telegram interface. This includes:

• Cross-chain token transfers: Seamlessly move tokens between different blockchain networks.

• Token swaps: Exchange one cryptocurrency for another with ease.

• Sniping and copy trading: Advanced features for experienced traders.

• Multi-wallet management: Control various crypto wallets from one interface.

PocketFi achieves optimal transaction routes with minimal slippage by aggregating liquidity from multiple DEXes. This user-friendly approach aims to onboard more users into the DeFi space without requiring them to leave the Telegram app. At the heart of the PocketFi ecosystem is its native governance token, $SWITCH. This token serves several vital functions:

Governance

$SWITCH holders actively participate in the Decentralized Autonomous Organization (DAO) governance. They can vote on critical platform decisions, such as integrating new DeFi protocols, implementing feature updates, and allocating resources.

Incentivization

Users are rewarded with $SWITCH tokens for engaging with the platform through various activities, including referrals, completing tasks, staking, and trading. This fosters a vibrant and active community.

Exclusive Access

Holding $SWITCH grants users early or VIP access to new features, unique trading opportunities, and special governance rights within the PocketFi ecosystem.

PocketFi envisions a community-driven DeFi ecosystem on Telegram, with $SWITCH acting as a crucial governance and utility token to drive platform growth and user engagement. The project's roadmap includes exciting future developments like integrating non-custodial wallets, enhanced DAO voting mechanisms, and advanced trading features, solidifying PocketFi's position as a unique DeFi solution embedded within a popular messaging app.

CEX Listing for PocketFi ($SWITCH)

It's important to note that the PocketFi ($SWITCH) token is currently not available for listing or claiming on major Centralized Exchanges (CEX). This is a key point of distinction for its launch strategy.

Instead, the $SWITCH token is making its debut exclusively on a Decentralized Exchange (DEX) first. This approach is often adopted by projects aiming for a more community-driven and controlled initial distribution, mitigating some of the immediate price volatility often associated with CEX listings.

The Official Launch, $SWITCH on Ston.Fi (TON Blockchain)

The initial Token Generation Event (TGE) for the $SWITCH token took place on May 20, 2025. The tokens were made available exclusively on Ston.Fi, a decentralized exchange built on the TON blockchain. This strategic choice leverages the TON ecosystem's growing popularity and efficiency.

How to Claim Your $SWITCH Tokens

The claim process for $SWITCH tokens is designed with a unique mechanism to manage token distribution and staking locks, aiming to prevent immediate price crashes and heavy sell pressure often seen with new token launches. Here's how to claim your $SWITCH tokens:

Claim Window

The claim window opened on May 20, 2025, at 15:00 UTC and will close on June 9, 2025. Ensure you claim your tokens within this timeframe.

Dutch Auction Model: Claims are processed using a Dutch Auction model. This means:

• Day 1 (May 20): 100% of claimed tokens are locked in a 3-month staking period. This encourages long-term holding.

• Subsequent Days: Each subsequent day, the locked portion decreases by 5%. This gradually allows more tokens to be claimed without a lock-up.

• By June 9: 100% of tokens can be claimed immediately with no staking lock.

Telegram Bot Requirement

To initiate the claim, you must use the old version of the PocketFi Telegram bot.

TON Balance for Fees

You will need a small amount of TON (The Open Network) balance in your wallet to cover the blockchain transaction fees. These fees are essential for processing your claim on the TON network.

Token Visibility

Once claimed, your $SWITCH tokens will appear in the PocketFi 2.0 app. This updated version supports gasless swaps and trading directly on the TON network, enhancing user experience.

This structured claiming process aims to stabilize the token price and avoid sudden sell-offs that are typical of many new token launches, fostering a healthier and more sustainable token economy.

Also Read: How to Claim Your Tomarket Airdrop

Conclusion

PocketFi ($SWITCH) is the native governance token of the PocketFi platform. It's used for DAO governance (voting on platform decisions), incentivizing user engagement (through referrals, tasks, staking, trading), and granting exclusive access to new features and trading opportunities. As of now, $SWITCH is only available on the Ston.Fi DEX. Any potential future CEX listings would be announced by the PocketFi team. Always verify information from official sources.

• No CEX listing yet: $SWITCH is initially available only on the Ston.Fi DEX.

• Claim Window: Opens May 20, 2025, through June 9, 2025.

• Claim Mechanism: Dutch Auction model gradually unlocks tokens over 20 days.

• Requirements: Small TON balance needed for transaction fees.

• Token Destination: Claimed tokens will appear in the PocketFi 2.0 app.

FAQ

How does the Dutch Auction claim model work for $SWITCH?

On Day 1 (May 20), 100% of claimed tokens are locked for a 3-month staking period. Each subsequent day, the locked portion decreases by 5%, meaning more tokens can be claimed without a lock-up. By June 9, all claimed tokens will be immediately available.

Do I need TON tokens to claim $SWITCH?

Yes, you will need a small amount of TON (The Open Network) balance in your wallet to cover the blockchain transaction fees required to process your claim.

Where will my claimed $SWITCH tokens appear?

Once successfully claimed, your $SWITCH tokens will appear in the PocketFi 2.0 app, which supports gasless swaps and trading on the TON network.