OKX is excited to introduce WCT (WalletConnect) to its spot trading markets. Below are the key details for traders and investors:
WCT/USDT Listing Timeline
- Deposit Opening: Starts at 10:00 am UTC on April 15, 2025
- Spot Trading Begins: 11:00 am UTC on April 15, 2025
- Withdrawals Enabled: 9:00 am UTC on April 16, 2025
👉 Join the WalletConnect Trade and Earn Campaign to participate in a 1,200,000 $WCT prize pool.
Trading Rules and Risk Controls
Order Limits (First 5 Minutes After Launch)
To mitigate volatility risks:
1. Market orders are disabled.
2. Limit orders capped at $10,000 per transaction.
3. Net position limit of $10,000 per user.
Restrictions lift automatically after 5 minutes.
Price Limit Mechanisms
OKX employs dynamic pricing rules based on market conditions:
Closing Price-Based Limits (Initial Phase)
| Phase | Maximum Bid Price | Minimum Ask Price |
|---|---|---|
| First minute | Call auction price × (1 + H) | No limit |
| Minutes 1–N | Previous minute’s close × (1 + H) | No limit |
| Post-N minutes | No limit | No limit |
Index-Based Limits (Post-Stabilization)
| Phase | Maximum Bid Price | Minimum Ask Price |
|---|---|---|
| First 10 minutes | Index × (1 + X) | Index × (1 – X) |
| After 10 minutes | Min/Max formula* | Min/Max formula* |
*Formulas account for index averages and premiums. Parameters (N, H, X, Y, Z) may adjust without notice.
Call Auction Process
WCT/USDT will debut via a 1-hour call auction:
– Order Limits: Max $50,000 per user during auction.
– Final 5 Minutes: Orders become irreversible.
The displayed “project team opening price” is informational only and doesn’t affect executed trade prices.
👉 Explore real-time trading rules for updates.
WalletConnect (WCT) Overview
A protocol connecting wallets, apps, and users to advance decentralized ecosystems.
| Detail | Specification |
|---|---|
| Asset Name | WalletConnect |
| Ticker | WCT |
| Total Supply | 1,000,000,000 |
| Contract | 0xeF4461...945 |
How to Prepare
- Deposit USDT to your OKX account before trading begins.
- Review risk disclosures below.
Risk Disclaimer
Digital assets are speculative and volatile. OKX does not endorse or guarantee third-party information provided herein. Conduct independent research and assess your risk tolerance before trading.
For support, contact OKX via official channels.
FAQs
Q: When can I start trading WCT/USDT?
A: Spot trading opens at 11:00 am UTC on April 15, 2025.
Q: Are there limits on order types?
A: Yes—market orders are blocked initially, and limit orders face caps for the first 5 minutes.
Q: How is the opening price determined?
A: Via call auction; the “project team price” is a non-binding reference.
Q: Where can I find WalletConnect’s contract address?
A: 0xeF4461891DfB3AC8572cCf7C794664A8DD927945.
Q: Is there a campaign for WCT traders?
A: Yes! Compete for shares of 1,200,000 $WCT.