Dear OKX Users,
We are excited to announce the listing of PI (Pi Network) for spot trading. Below are the key timelines:
Listing Schedule
- Deposit Opens: February 12, 2025, at 10:45 AM (UTC+8)
- Call Auction Period: February 20, 2025, 3:00 PM – 4:00 PM (UTC+8)
- PI/USDT Spot Trading Starts: February 20, 2025, at 4:00 PM (UTC+8)
- Withdrawal Opens: February 21, 2025, at 4:00 PM (UTC+8)
Spot Trading Risk Control Rules
Order Restrictions (First 5 Minutes):
To protect investors from high volatility:
- Market orders are disabled
- Maximum limit order amount: $10,000 per transaction
- Maximum net position per user: $10,000
Price Limits:
If index pricing is available:
| Phase | Buy Order Max Price | Sell Order Min Price |
|---|---|---|
| First 10 minutes | Index × (1 + X) | Index × (1 - X) |
| After 10 minutes | Min[Max(Index, ...)] | Max[Min(Index, ...)] |
Note: X, Y, Z parameters adjust based on market conditions.
About Call Auction
The PI/USDT spot listing will use a 1-hour call auction mechanism:
- Users can place orders at desired prices before trading begins.
- System calculates a reference opening price based on aggregated orders.
Limits:
- Max buy order per user: $50,000
- Last 5 minutes: Only limit orders allowed (no modifications/cancellations).
👉 Learn more about OKX’s auction rules
Project Overview
Pi Network is a social cryptocurrency and developer platform focused on accessibility and real-world utility.
- Full Name: Pi Network
- Ticker: PI
- Circulating Supply: 6.041B
- Total Supply: 9.294B
- Max Supply: 100B
- Active Users: 60M+, with 19M+ KYC-verified.
FAQs
1. When can I trade PI on OKX?
Spot trading begins on February 20, 2025, at 4:00 PM (UTC+8).
2. Are there deposit limits for PI?
No limits are announced, but standard network fees apply.
3. What are the trading pairs for PI?
PI will debut with PI/USDT trading.
4. Why are there order restrictions initially?
To mitigate risks from high volatility during new listings.
5. How is the opening price determined?
A reference price is derived from the call auction, though the project’s suggested price may differ.
6. Can I withdraw PI immediately after trading starts?
Withdrawals open on February 21, 2025, at 4:00 PM (UTC+8).
Prepare for trading by depositing USDT or PI now!
OKX is committed to delivering exceptional products and services.
OKX Team
February 12, 2025