KEY TAKEAWAYS
- OKX announces the listing of Particle Network (PARTI) on its spot trading markets, with deposits starting on March 24, 2025.
- Trading for PARTI/USDT will commence on March 25, 2025, following a call auction period, with specific trading restrictions in place to manage initial market volatility.
- Particle Network aims to unify user accounts across different chains using its Universal Accounts technology, contributing to the Web3 ecosystem.
OKX has announced the listing of Particle Network (PARTI) on its spot trading markets. The listing timeline includes several key dates and times for deposits, trading, and withdrawals.
Deposits for PARTI will open at 10:00 am UTC on March 24, 2025. A call auction will take place from 12:00 pm to 1:00 pm UTC on March 25, 2025, followed by the opening of PARTI/USDT spot trading at 1:00 pm UTC on the same day. Withdrawals for PARTI will be available starting at 10:00 am UTC on March 26, 2025.
Trading Restrictions and Risk Control
To manage market volatility during the initial phase of trading, OKX will implement specific restrictions. For the first five minutes after trading begins, market orders will not be allowed, and the maximum amount per limit order is set at $10,000. Additionally, the maximum net position per user is capped at $10,000. These restrictions will be lifted after the initial five-minute period.
Price limit rules will be applied based on the closing price until a stable index price is available. Once the index price is established, index-based limit rules will come into effect. OKX reserves the right to adjust parameters or switch limit price calculation methods based on market conditions without prior notice.
Call Auction Mechanism
The call auction mechanism will be utilized for the PARTI/USDT spot listing. This period allows users to submit buy and sell orders at desired prices before the official start of trading. The call auction will last for one hour, and during the final five minutes, users can place orders but cannot cancel or modify them.
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 and is intended for informational purposes only.
Particle Network, identified by the ticker PARTI, is a chain abstraction infrastructure in the Web3 ecosystem. It aims to unify user accounts and balances across different chains through its Universal Accounts technology. The total supply of PARTI is 1,000,000,000.
For more details, visit the official announcement here.
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