OKX announces the exciting addition of WCT (WalletConnect) to its spot trading markets, offering traders new opportunities to engage with this innovative asset. Below is your comprehensive guide to the listing timeline, trading rules, and essential project information.
Listing Timeline and Trading Schedule
- WCT Trading Launch: April 10, 2025, at 2:00 PM UTC
- WCT/USDT Spot Trading: Exact timing to be announced soon
👉 Join the WalletConnect Trade and Earn Campaign to participate in a 1,200,000 $WCT prize pool.
Risk Control Measures for New Listings
To ensure market stability during the initial trading phase, OKX implements protective measures:
Order Restrictions (First 5 Minutes)
- ❌ Market orders disabled
- ⏳ Limit order cap: $10,000 per order
- 📊 Net position limit: $10,000 per user
Restrictions lift automatically after 5 minutes.
Price Limit Rules
OKX employs dynamic pricing safeguards based on market conditions:
Closing Price-Based Limits (Before Stable Index)
| Phase | Maximum Bid Price | Minimum Ask Price |
|---|---|---|
| First minute | Call auction price × (1 + H) | No limit |
| Subsequent minutes | Previous close × (1 + H) | No limit |
| Post-stabilization | No limit | No limit |
Index-Based Limits (When Available)
| Phase | Maximum Bid Price | Minimum Ask Price |
|---|---|---|
| First 10 minutes | Index × (1 + X) | Index × (1 – X) |
| Later trading | Complex dynamic range* | Complex dynamic range* |
Parameters (N, H, X, Y, Z) may adjust without notice.
Call Auction Mechanism Explained
WCT/USDT will debut via a 1-hour call auction:
- 🔹 Max buy order value: $50,000 per user
- 🔹 Final 5 minutes: Orders irreversible
- 📈 Project team’s suggested opening price displayed post-auction (informational only)
WalletConnect (WCT) Project Overview
Vision: Connecting wallets, apps, and users to advance decentralized UX and ecosystem growth.
Tokenomics:
- Asset Name: WalletConnect
- Ticker: WCT
- Total Supply: 1,000,000,000
- Contract:
0xeF4461891DfB3AC8572cCf7C794664A8DD927945
👉 Track real-time WCT price movements
Preparing for Trading
Deposit USDT now to capitalize on WCT/USDT trading opportunities upon launch.
FAQ: WCT Trading on OKX
Q: When can I start trading WCT?
A: Spot trading opens April 10, 2025, at 2:00 PM UTC. Exact WCT/USDT pairing times follow separately.
Q: Are there trading limits?
A: Yes—initial 5-minute restrictions apply (see Order Restrictions section).
Q: How does the call auction work?
A: It aggregates orders for 1 hour to determine a fair opening price, with $50,000 maximum buy orders per user.
Q: Where can I learn about WalletConnect’s technology?
A: Visit official WalletConnect documentation for protocol details.
Q: Is the project team’s opening price binding?
A: No—it’s informational and doesn’t affect execution prices.
Risk Disclosure: Digital assets involve high volatility and risk. Conduct independent research and assess your risk tolerance. OKX provides no investment guarantees.
OKX Team | April 8, 2025