Dear OKX Users,
OKX is excited to announce the listing of Matr1x (MAX) with the following schedule:
- MAX Deposit Opens: August 5, 9:30 AM (UTC+8)
- MAX Call Auction Window (1 hour): August 5, 5:00 PM – 6:00 PM (UTC+8)
- MAX/USDT Spot Trading Launch: August 5, 6:00 PM (UTC+8)
- MAX Withdrawal Opens: August 6, 6:00 PM (UTC+8)
Project Overview
Matr1x is an innovative blockchain-powered gaming platform delivering cutting-edge player experiences. The team comprises veterans from top-tier franchises like CrossFire and Battlefield, with over a decade of expertise in gaming and blockchain technology. Their mission: merge blockchain innovation with premium game design to redefine digital entertainment.
- Full Name: Matr1x
- Ticker: MAX
- Total Supply: 1,000,000,000
- Contract Address: 0xb7109...68090
Understanding Call Auctions
What Is a Call Auction?
A call auction allows users to freely submit buy/sell orders before a new trading pair launches. The system processes all orders to determine the projected opening price.
Which Assets Use Call Auctions?
Newly listed trading pairs employ this mechanism.
How Long Does It Last?
Typically ≥10 minutes, adjusted for market liquidity.
Key Rules:
- Phase 1: Users submit/cancel limit orders; no executions occur.
- Phase 2: Trading begins at the calculated opening price, with orders entering the matching system.
FAQ
Q1: Can I trade MAX during the call auction?
A: No executions occur until spot trading officially opens.
Q2: Is there a minimum order amount for the auction?
A: Yes, refer to OKX’s trading rules for details.
Q3: How is the opening price determined?
A: Via an algorithm analyzing order volume and price levels.
👉 Explore MAX’s contract details
Risk Reminder
Digital assets are volatile and high-risk. Assess your investment capacity carefully.
OKX is committed to superior products and services.
OKX Team
August 5, 2024