OKX is excited to announce the listing of WCT (WalletConnect) on its spot trading platform. Below are the key details and timeline for the trading launch:
Listing Timeline
- WCT Deposit Opens: 10:00 AM – 11:00 AM UTC on April 15, 2025
- WCT/USDT Spot Trading Starts: 11:00 AM UTC on April 15, 2025
- WCT Withdrawal Opens: 9:00 AM UTC on April 16, 2025
👉 Join the WalletConnect Trade and Earn Campaign to win a share of the 1,200,000 WCT prize pool!
Trading Rules and Risk Control
To ensure market stability during the initial trading phase, OKX has implemented the following measures for the first 5 minutes after spot trading begins:
Order Limits
- Market orders are disabled.
- Limit orders are capped at $10,000 per order.
- Maximum net position per user: $10,000.
These restrictions will be lifted after 5 minutes.
Price Limit Rules
OKX applies dynamic price limits based on market conditions:
Closing Price-Based Limits (Before Stable Index Price Is Available)
| Phase | Maximum Bid Price | Minimum Ask Price |
|---|---|---|
| First 1 minute | Call auction price × (1 + H) | No limit |
| Subsequent minutes | Previous closing price × (1 + H) | No limit |
| After stable index | No limit | No limit |
Index-Based Limits (After Stable Index Price Is Available)
| Phase | Maximum Bid Price | Minimum Ask Price |
|---|---|---|
| First 10 minutes | Index × (1 + X) | Index × (1 – X) |
| After 10 minutes | Min[Max(Index, Index (1 + Y) + Avg premium), Index × (1 + Z)] | Max[Min(Index, Index × (1 – Y) + Avg premium), Index × (1 – Z)] |
Parameters (N, H, X, Y, Z) may adjust without prior notice.
👉 View real-time trading rules for updates.
Call Auction Mechanism
WCT/USDT will debut via a 1-hour call auction:
- Users submit buy/sell orders at desired prices.
- The system calculates an indicative opening price based on orders.
Trading limits:
- Max buy order value per user: $50,000 USD.
- Last 5 minutes: Orders can be placed but not canceled/modified.
Note: The project team’s suggested opening price is displayed for reference only and does not affect execution prices.
WalletConnect (WCT) Overview
Project Vision: Connecting wallets, apps, and users to drive decentralized innovation.
Token Details
- Asset Name: WalletConnect
- Ticker: WCT
- Total Supply: 1,000,000,000
- Contract:
0xeF4461891DfB3AC8572cCf7C794664A8DD927945
How to Prepare for Trading
- Deposit USDT to your OKX account.
- Monitor the WCT price for real-time updates.
FAQs
1. When does WCT/USDT trading start?
Spot trading begins at 11:00 AM UTC on April 15, 2025.
2. Are there trading limits for WCT?
Yes, for the first 5 minutes:
- Max limit order: $10,000.
- No market orders allowed.
3. What is the call auction duration?
The auction runs for 1 hour before continuous trading.
4. Can I withdraw WCT immediately after trading starts?
No, withdrawals open at 9:00 AM UTC on April 16, 2025.
5. How is the opening price determined?
Via call auction orders; project team’s suggested price is informational only.
6. Where can I check real-time rules?
Visit OKX’s spot trading page for updates.
Risk Disclaimer:
Digital assets are speculative and volatile. Conduct your own research and assess risks before trading. OKX does not guarantee accuracy or endorse third-party information.
For support, contact OKX via official channels.
OKX Team
April 14, 2025
### Keywords:
- WCT
- WalletConnect
- OKX spot trading
- USDT pair
- call auction
- trading rules
- price limits