Listing Timeline
Periodic Order Matching for J:
- January 22, 2025 (Vietnam Time): 5:00 PM – 6:00 PM
Spot Trading Opens:
- J/USDT trading begins at 6:00 PM (Vietnam Time) on January 22, 2025.
Withdrawal Availability:
- J withdrawals open at 5:00 PM on January 23, 2025 (Vietnam Time).
Spot Trading Launch Rules
Order Limits:
To mitigate price volatility during the initial trading phase, OKX enforces these restrictions for the first 5 minutes:
- Market orders are disabled.
- Limit orders cannot exceed $10,000 per order.
Restrictions lift automatically after 5 minutes.
Price Limits:
If a spot index exists for J/USDT, OKX activates price ceilings/floors:
| Phase | Upper Price Limit | Lower Price Limit |
|------------------------|----------------------------------|----------------------------------|
| First 10 min post-listing | Index × (1 + X) | Index × (1 − X) |
| Subsequent 10 min | Max[Index, Index × (1 + Y), Index × (1 + Z)] | Min[Index, Index × (1 − Y), Index × (1 − Z)] |
Note: X, Y, Z parameters adjust based on market conditions.
Periodic Order Matching Mechanism
OKX employs this system for J/USDT listings:
- 1-hour matching window before continuous trading begins.
- Orders are processed via auction logic to determine an opening price.
- Post-matching, OKX displays the project team’s suggested opening price for reference only—this does not affect executed trade prices.
👉 Explore Jambo’s real-time price trends
Project Introduction: Jambo
Mission: Build the world’s largest mobile crypto network via the JamboPhone.
- Asset Name: Jambo
- Ticker: J
- Total Supply: Not disclosed
Funding Your Account
Prepare for J/USDT trading by depositing USDT:
- Navigate to "Assets" > "Deposit" on OKX.
- Select USDT and follow on-screen instructions.
Pro Tip: Fund your account before trading begins to capitalize on early opportunities.
FAQ
Q1: Can I trade J during the periodic matching phase?
A1: No—orders execute only after the 1-hour window concludes.
Q2: Why are there price limits initially?
A2: To prevent extreme volatility and protect traders.
Q3: When will J withdrawals be available?
A3: At 5:00 PM (Vietnam Time) on January 23, 2025.
Q4: Is the project’s opening price binding?
A4: No, it’s purely informational and doesn’t influence actual trades.
Risk Disclosure: Crypto assets are volatile and speculative. Conduct independent research and assess your risk tolerance. OKX assumes no liability for trading losses. For details, review our Risk Disclosure.
👉 Start trading J/USDT with confidence
Last Updated: January 9, 2025