Dear OKX Users,
We are excited to announce the upcoming listing of MOVE (Movement) on our platform. Below are the detailed timelines:
Key Dates & Trading Schedule
- MOVE Deposits Open: December 4 at 2:00 PM (UTC+8)
- MOVE Trading Window: December 9, 7:00 PM – 8:00 PM (UTC+8)
- MOVE/USDT Spot Trading Starts: December 9 at 8:00 PM (UTC+8)
- MOVE Withdrawals Open: December 10 at 6:00 PM (UTC+8)
Spot Trading Risk Control Measures
To mitigate volatility risks during new token listings, OKX implements the following 5-minute restrictions after spot trading begins:
- 🚫 No market orders
- ⚖️ Limit order cap: $10,000 per transaction
These restrictions lift automatically after 5 minutes.
About the Call Auction Mechanism
MOVE/USDT will debut with a 1-hour call auction period. This allows users to:
- Place orders at preferred prices before live trading.
- Let the system calculate a reference opening price based on submitted orders.
👉 Learn more about call auctions
Note: The project team’s suggested opening price (based on valuations) serves as an informational reference only and does not affect user order execution.
Project Overview: Movement Network
Movement Network is a modular Move-based blockchain ecosystem, enabling developers to build:
- 🔒 Secure
- ⚡ High-performance
- 🔄 Interoperable
Applications that bridge Move and EVM ecosystems.
| Token Details | |
|---|---|
| Full Name | Movement |
| Ticker | MOVE |
| Total Supply | 10,000,000,000 |
| Contract Address | 0x3073...3073 |
How to Prepare
- Deposit USDT now to trade MOVE/USDT seamlessly.
OKX remains committed to delivering exceptional products and services.
FAQs
Q1: When can I withdraw MOVE?
A: Withdrawals open on December 10 at 6:00 PM (UTC+8).
Q2: Why are there trading restrictions initially?
A: To protect users from extreme volatility common in new listings.
Q3: Is the call auction price binding?
A: No—it’s a reference. Your orders execute based on actual market conditions.
👉 Explore more trading strategies
OKX Team
December 4, 2024