Trading Schedule Adjustment
OKX has postponed the listing of ME (Magic Eden) for spot trading. Please note the revised timeline:
Listing Timeline
Periodic Order Matching
- ME auction will occur from 20:30 to 21:30 (Vietnam Time) on 10/12/2024.
- Spot trading for ME/USDT opens at 21:30 (Vietnam Time) on 10/12/2024.
- ME withdrawal gateway opens at 10:00 (Vietnam Time) on 11/12/2024.
Spot Trading Rules
To protect traders from price volatility, OKX imposes the following restrictions during the first 5 minutes of trading:
- Market orders are prohibited.
- Limit orders must not exceed $10,000 per order.
👉 Learn more about trading safeguards
Project Overview
$ME supports the cross-chain ecosystem strategy led by MagicEden, focusing on:
- Multi-chain user acquisition.
- Seamless cross-chain transactions.
| Token Details | |
|-----------------------|--------------|
| Asset Name | Magic Eden |
| Ticker | ME |
| Total Supply | 1,000,000,000|
Pre-Market Futures Launch for ME Token
Delivery Process
- Timing: Contracts deliver 2.5 hours post-spot listing.
- Price Calculation: Based on the average index price from OKX and other major exchanges.
Key Notes:
- Transfers exceeding $10,000 are restricted for 30 minutes post-delivery.
- A 1% settlement fee applies (subject to change).
👉 Secure your USDT deposits now
FAQ
Q1: Why was ME’s listing delayed?
A: OKX adjusts timelines to ensure market stability and compliance.
Q2: Can I trade ME during the pre-market phase?
A: Yes, but with strict price limits (±15% initially, narrowing to ±5% before delivery).
Q3: What happens if prices fluctuate drastically at delivery?
A: Losses are covered by the insurance fund; positions may be auto-reduced if funds are insufficient.
Risk Warning: Cryptocurrency trading involves high volatility and risk. OKX does not guarantee investment returns. Consult our Terms of Service for details.
For inquiries, contact OKX support via official channels.
Last Updated: 10/12/2024
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