OKX is excited to announce the listing of MOVE (Movement) on its spot trading platform. Below are the essential details for traders:
Key Dates & Trading Timeline
| Event | UTC Time | Date |
|---|---|---|
| MOVE Listing Opens | 6:00 AM | Dec 4, 2024 |
| Call Auction Period | 11:00 AM – 12:00 PM | Dec 9, 2024 |
| MOVE/USDT Spot Trading Begins | 12:00 PM | Dec 9, 2024 |
| Additional Trading Window | 10:00 AM | Dec 10, 2024 |
Spot Trading Opening Rules
To mitigate volatility during launch, OKX enforces:
- No market orders for the first 5 minutes.
- Limit orders capped at 10,000 USD per transaction.
Restrictions lift automatically after 5 minutes.
👉 Learn more about trading safeguards
Call Auction Mechanism
MOVE/USDT will debut via a 1-hour call auction:
- Submit buy/sell orders at preferred prices before live trading.
- System calculates an indicative opening price based on aggregated orders.
- Note: The project team’s suggested opening price (displayed post-auction) is informational and does not affect execution prices.
About Movement Network
Movement Network is a modular ecosystem of Move-based blockchains, designed to:
- Enhance security and interoperability for decentralized applications (dApps).
- Bridge Move and EVM ecosystems.
Token Details:
- Asset Name: Movement
- Symbol: MOVE
- Total Supply: 10,000,000,000
- Contract Address:
0x3073f7aAA4DB83f95e9FFf17424F71D4751a3073
How to Prepare
- Deposit USDT to your OKX account for seamless trading.
- Review the risk disclosure before participating.
FAQs
Q1: When can I start trading MOVE?
A1: Spot trading opens at 12:00 PM UTC on Dec 9, 2024.
Q2: Are there order limits at launch?
A2: Yes—only limit orders (max 10,000 USD) for the first 5 minutes.
Q3: What is the call auction’s purpose?
A3: It establishes a fair opening price by aggregating pre-trade orders.
Q4: Where can I check MOVE’s price post-listing?
A4: Monitor real-time data on OKX’s spot market page.
Q5: Is the project team’s opening price binding?
A5: No, it’s purely informational and doesn’t influence trade executions.
Risk Warning: Digital assets are volatile and high-risk. Conduct independent research and assess your financial capacity before trading. OKX disclaims liability for trading losses.
For inquiries, contact OKX support via official channels.
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