KEY TAKEAWAYS
- OKX will list PAX Gold (PAXG) on its spot trading markets, starting with deposits on October 14, 2025.
- Spot trading for the PAXG/USDT pair will begin on October 15, 2025, with initial trading restrictions to manage volatility.
- PAX Gold is a cryptocurrency backed by physical gold, offering a digital asset that represents gold ownership.
OKX has announced the upcoming listing of PAX Gold (PAXG) on its spot trading markets. The listing will follow a structured timeline, beginning with the opening of PAXG deposits at 4:00 am UTC on October 14, 2025. The pre-open session for PAXG will occur from 6:00 am to 7:00 am UTC on October 15, 2025, with spot trading for the PAXG/USDT pair commencing at 7:00 am UTC on the same day.
The exchange has implemented specific risk control measures to manage market volatility during the initial phase of trading. For the first five minutes after the start of spot trading, the maximum amount per limit order will be capped at $10,000. These restrictions will be lifted after the initial five-minute period.
Pre-Open Session and Trading Rules
OKX will utilize a pre-open mechanism for the PAXG/USDT spot listing. This session allows traders to place buy and sell orders at desired prices within certain parameters before continuous trading begins. During this one-hour period, orders must adhere to index-based price limits, with buy orders set below the index price multiplied by a factor (1 + J%) and sell orders above the index price multiplied by (1 – J%).
At the conclusion of the pre-open session, any orders that do not meet the final index price criteria will be canceled. The remaining orders will be carried over into the order book once live trading starts. The last index price from the pre-open session will serve as the initial price for the trading chart.
About PAX Gold
PAX Gold (PAXG) is a cryptocurrency backed by physical gold, developed by the creators of Paxos Standard (PAX). It is designed to offer investors a digital asset that represents ownership of gold, providing a bridge between traditional and digital finance. PAXG operates on the Ethereum blockchain, with its contract address being 0x45804880De22913dAFE09f4980848ECE6EcbAf78.
For more details on the listing and trading rules, please visit the official announcement here.
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