OKX announces the listing of NC (Nodecoin) on its spot trading platform. Below is the detailed schedule and trading rules:
Listing Schedule
- NC Deposits Open: 12:00 UTC, January 13, 2025
- NC Deposits Close: 9:00–10:00 UTC, January 17, 2025
- Spot Trading (NC/USDT) Launch: 10:00 UTC, January 17, 2025
- NC Withdrawals Available: 14:00 UTC, January 17, 2025
Spot Trading Rules
Order Restrictions
To mitigate volatility during the initial trading phase, OKX will enforce the following for the first 5 minutes:
- Market Orders: Disabled.
- Limit Orders: Max order value capped at 10,000 USD.
Restrictions lift automatically after 5 minutes.
Price Limits
If a spot index is available, OKX activates price limits:
| Phase | Max Price Limit | Min Price Limit |
|-------|-----------------|-----------------|
| First 10 min post-listing | Index × (1 + X) | Index × (1 - X) |
| After 10 min | Min[max(index, index × (1 + Y) + 2-min avg premium), index × (1 + Z)] | Max[min(index, index × (1 - Y) + 2-min avg premium), index × (1 - Z)] |
Note: Parameters X, Y, Z adjust based on market conditions.
Call Auction Mechanism
The NC/USDT pair will debut via a 1-hour call auction. This process:
- Collects buy/sell orders at desired prices pre-launch.
- Calculates an indicative opening price.
- Displays the project team’s suggested opening price post-auction (informational only).
Project Overview
Nodepay is an AI-driven learning platform that monetizes unused internet bandwidth to enhance AI reasoning.
- Asset Name: Nodecoin (NC)
- Total Supply: 1,000,000,000
- Contract Address:
B89Hd5Juz7JP2dxCZXFJWk4tMTcbw7feDhuWGb3kq5qE
👉 Track Nodecoin Price Updates
How to Prepare
- Deposit USDT to trade NC/USDT.
- Review market risks before trading.
FAQ
Q1: When can I start trading NC on OKX?
A1: Spot trading begins at 10:00 UTC, January 17, 2025.
Q2: Are there limits on initial orders?
A2: Yes—market orders are blocked, and limit orders are capped at 10,000 USD for the first 5 minutes.
Q3: What’s Nodecoin’s use case?
A3: It powers Nodepay’s AI training by compensating users for shared bandwidth.
Risk Disclaimer: Digital assets are speculative and volatile. OKX isn’t liable for trading losses. Learn more here.
For inquiries, contact OKX support.
OKX Team | January 13, 2025