The cryptocurrency landscape continues to evolve, with digital assets inspired by pop culture and creative communities gaining momentum. In a significant move aligned with this trend, OKX has announced the upcoming listing of ANIME (Animecoin) on its spot trading markets. This addition reflects growing interest in community-driven blockchain projects rooted in cultural movements β particularly the global anime phenomenon.
Below is a comprehensive overview of the listing details, trading rules, project background, and what traders can expect during the launch phase.
Listing Timeline for ANIME/USDT
OKX has outlined a structured rollout plan to ensure a smooth and fair market entry for ANIME. Traders should take note of the following key dates and times (in UTC):
- January 22, 2025, at 06:00 UTC: ANIME deposits will be enabled.
- January 23, 2025, from 13:00 to 14:00 UTC: A call auction will be conducted for ANIME/USDT.
- January 23, 2025, at 14:00 UTC: Spot trading for ANIME/USDT will officially go live.
- January 23, 2025, at 18:00 UTC: ANIME withdrawals will be enabled.
This phased approach allows users to prepare ahead of time by depositing funds and submitting orders during the call auction, helping establish a stable opening price before continuous trading begins.
π Discover how call auctions create fairer market starts β learn more here.
Spot Trading Launch Rules
To safeguard traders during the initial volatility that often accompanies new listings, OKX has implemented temporary restrictions for the first five minutes of trading.
Order Limits
- Market orders are disabled during the first 5 minutes after trading goes live.
- Each limit order must not exceed a value of $10,000 USD.
These measures aim to prevent abrupt price swings caused by large, uncontrolled trades. After the initial 5-minute window, all standard trading functionalities will resume normally.
Price Band Controls
If a reliable spot index is available for ANIME/USDT, OKX will enforce dynamic price limits based on the index value. These bands adjust in two phases:
First 10 minutes after listing:
- Maximum price: Index Γ (1 + X)
- Minimum price: Index Γ (1 β X)
After 10 minutes:
- Upper bound becomes the minimum of three values: current index, adjusted premium-based calculation, or Index Γ (1 + Z).
- Lower bound becomes the maximum of three corresponding downward-adjusted values.
The parameters X, Y, and Z are dynamically calibrated according to real-time market conditions to maintain stability without restricting legitimate price discovery.
Understanding the Call Auction Mechanism
OKX employs a call auction model for select new token listings β including ANIME/USDT β to promote fair and transparent price formation.
During the one-hour call auction period:
- Users can submit buy and sell limit orders at their preferred prices.
- The system aggregates all orders and calculates an indicative opening price that maximizes trade execution volume.
- No actual trades occur until the auction concludes and the final opening price is set.
After the auction ends, OKX will display an additional reference point: the project teamβs suggested opening price, typically based on their valuation framework. While this figure appears on charts for informational purposes, it does not influence the actual auction-determined price or trade execution.
This dual-reference system enhances transparency while ensuring that market forces β not internal valuations β drive real trading outcomes.
π See how advanced trading mechanisms give you better control at launch.
About Animecoin (ANIME)
Animecoin is more than just a cryptocurrency β it's a movement aimed at shaping the future of anime culture through decentralized technology. Spearheaded by Azuki, a leading name in anime-inspired NFTs and Web3 experiences, Animecoin aims to unite creators, collectors, and fans in a shared digital ecosystem.
Key Project Details:
- Asset Name: Animecoin
- Ticker Symbol: ANIME
- Total Supply: 10,000,000,000 ANIME
Smart Contracts:
- Ethereum:
0x4DC26fC5854e7648a064a4ABD590bBE71724C277 - Arbitrum:
0x37a645648df29205c6261289983fb04ecd70b4b3
- Ethereum:
Animecoin is designed to empower the anime community by enabling decentralized ownership, rewarding creative contributions, and fostering interoperability across platforms. With strong backing from established players in the space, ANIME stands out as a culturally resonant digital asset poised for broader adoption.
Prepare for Trading: Deposit USDT Now
To participate in the ANIME/USDT market from day one, users are encouraged to deposit USDT in advance. Ensuring your account is funded before the trading launch allows you to act quickly when spot markets open at 14:00 UTC on January 23.
Depositing early also gives you time to:
- Set up price alerts
- Plan entry and exit strategies
- Monitor order book depth during the call auction
Donβt miss the opportunity to be part of a groundbreaking moment in crypto-anime convergence.
Frequently Asked Questions (FAQ)
Q: What is Animecoin (ANIME)?
A: Animecoin is a digital asset developed to support and advance anime culture through blockchain technology. Backed by Azuki, it aims to build a decentralized ecosystem for creators and fans.
Q: When can I start trading ANIME on OKX?
A: Spot trading for ANIME/USDT begins on January 23, 2025, at 14:00 UTC. Deposits open earlier on January 22 at 06:00 UTC.
Q: Why is there a call auction before trading starts?
A: The call auction helps determine a fair opening price by collecting buy and sell orders beforehand, reducing volatility and preventing manipulation.
Q: Are market orders allowed at launch?
A: No. Market orders are disabled for the first 5 minutes of trading to protect users from sudden price spikes.
Q: Can I withdraw ANIME immediately after trading starts?
A: Withdrawals will be enabled later on January 23 at 18:00 UTC. You can trade immediately but cannot withdraw until then.
Q: Is Animecoin built on multiple blockchains?
A: Yes. The ANIME token is available on both Ethereum and Arbitrum networks, offering flexibility and reduced transaction costs depending on user preference.
Risk Disclosure
The information provided here is for educational and informational purposes only. It may include data sourced from third parties and does not constitute financial advice, investment recommendations, or an offer to buy or sell any asset. Digital assets are highly speculative and subject to extreme price fluctuations. Liquidity may vary, and investors could lose their entire capital.
OKX does not guarantee the accuracy or completeness of any information presented. Always conduct independent research and assess your risk tolerance before engaging in cryptocurrency trading.
For full details on risks and platform policies, please review OKXβs official terms and disclaimers.
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