OKX Announces Listing of Animecoin (ANIME) for Spot Trading

OKX has announced the listing of Animecoin (ANIME) on its spot trading markets. The listing process will begin with ANIME deposits opening at 6:00 am UTC on January 22, 2025. This will be followed by a call auction from 1:00 pm to 2:00 pm UTC on January 23, 2025. Spot trading for the ANIME/USDT pair will commence at 2:00 pm UTC on the same day, with withdrawals available from 6:00 pm UTC.

To ensure a smooth trading experience, OKX has implemented specific rules for the opening of spot trading. 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-minute period. Additionally, price limits will be in place if a spot index is available for the trading pair, with parameters adjusted according to market conditions.

Understanding the Call Auction Mechanism

The call auction mechanism will be utilized for the spot listing of ANIME/USDT. This mechanism allows traders to submit buy and sell orders at desired prices before the official start of trading. The system processes these orders according to call auction rules, calculating an indicative opening price. Following the call auction, OKX will display the project team’s opening price as the initial price on the trading chart. This price is provided by the token project team based on the project’s valuation and is for informational purposes only.

About Animecoin

Animecoin, represented by the ticker ANIME, aims to advance the anime industry. The total supply of Animecoin is 10,000,000,000. It is available on both the Ethereum and Arbitrum networks, with contract addresses 0x4DC26fC5854e7648a064a4ABD590bBE71724C277 and 0x37a645648df29205c6261289983fb04ecd70b4b3, respectively. More details about Animecoin’s price can be found here.

For more information on the listing and trading of Animecoin, visit the official announcement here.

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