OKX has announced that sediment, trades and withdrawals are set to begin in the coming hours and that liquids (fluids) are listed for spot trading.
Listing fluids for spot trading on March 27th OKX
Basic list details:
- Deposit opening: March 27th, 2:00pm
- Before auction: March 27th, 17:00-18:00
- Spot Trading Launch (Fluid/USDT): March 27th, 18:00
- Retreat opening: March 28th, 6pm
Initial trading restrictions for risk management
OKX implements temporary trading restrictions in the first five minutes of spot trading to protect traders from potential price fluctuations during the first launch of fluids.
- Market orders will be invalidated.
- Maximum limit Order size: $10,000 per order.
- Maximum net worth per user: Fluid worth $10,000.
These restrictions will be lifted after the first five minutes of the transaction.
Price Restriction Mechanism
If the index price of a fluid is unavailable or unstable first, OKX will apply price restrictions based on the closing price until the index price is stable. Once a stable index price is established, the platform switches to an index-based price limiting mechanism.
With this listing, OKX continues to expand its digital assets range and provide investors with access to Fluid’s liquidity aggregation solutions in the growing Defi and trading ecosystem.
*This is not investment advice.
