OKX Announces Listing of Nodecoin (NC) for Spot Trading

OKX has announced the listing of Nodecoin (NC) on its spot trading markets. The listing process will begin with NC deposits opening at 12:00 pm UTC on January 13, 2025. This will be followed by a call auction from 9:00 am to 10:00 am UTC on January 17, 2025, with NC/USDT spot trading commencing at 10:00 am UTC the same day. Withdrawals for NC will be available starting at 2:00 pm UTC on January 17, 2025.

Trading Rules and Mechanisms

To manage price volatility at the start of spot trading, OKX will implement specific order limits. During the first five minutes, market orders will not be allowed, and each limit order must not exceed a value of 10,000 USD. These restrictions will be lifted after the initial five minutes.

OKX will also apply price limits if a spot index is available for the NC/USDT trading pair. The price limits will be adjusted according to market conditions, with specific parameters defined for the first ten minutes and subsequent trading periods.

The call auction mechanism will be used for the NC/USDT spot listing. This process allows traders to submit buy and sell orders at desired prices before the official start of trading. The system calculates an indicative opening price based on these submissions. Following the call auction, OKX will display the project team’s opening price on the trading chart for informational purposes.

About Nodecoin and Nodepay

Nodecoin (NC) is the native asset of Nodepay, an AI training platform that enables users to monetize unused internet bandwidth for real-time data retrieval, enhancing AI inference. Nodecoin has a total supply of 1,000,000,000 tokens and operates on the blockchain with the contract address B89Hd5Juz7JP2dxCZXFJWk4tMTcbw7feDhuWGb3kq5qE.

For more details on the listing and trading of Nodecoin, visit the official announcement here.

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