OKX is excited to announce the upcoming listing of WalletConnect (WCT) on its spot trading markets. This integration provides traders with expanded access to innovative Web3 infrastructure and enhances the diversity of digital assets available on the platform. The following sections detail the timeline, trading rules, and essential project information.
WCT Listing Timeline and Trading Details
The official opening time for WCT trading is set for 2:00 pm UTC on April 10, 2025. Trading for the WCT/USD spot pair will commence at this time. Additional trading pairs may be announced in the future as the asset gains more liquidity and user interest.
It is important for traders to monitor the official OKX announcements page for any updates or changes regarding trading schedules.
Trading Rules and Risk Management
To ensure a fair and stable trading environment, OKX implements specific risk control measures during new token listings. These rules are designed to protect investors from extreme volatility often associated with new market entries.
Order Limits:
During the first five minutes after WCT spot trading begins, each limit order must not exceed a value of 10,000 USD. This measure helps prevent market manipulation and excessive price swings. After this initial period, the restriction will be automatically lifted.
Price Limit Rules:
OKX employs a dual approach to price limits based on market maturity:
- Closing Price-Based Limits: Applied when a stable index price is not yet available.
- Index-Based Limits: Activated once a reliable index price is established.
The platform may adjust parameters such as N, H, X, Y, and Z or switch between calculation methods depending on market conditions, without prior notice. For the most current and detailed trading rules, users can 👉 review the latest spot trading guidelines.
Introduction to WalletConnect (WCT)
WalletConnect is a fundamental infrastructure protocol that enables seamless connections between wallets, decentralized applications (dApps), and users. Its goal is to improve user experience in the Web3 space, support ecosystem growth, and promote a decentralized digital future.
Key token metrics for WCT include:
- Asset Name: WalletConnect
- Ticker: WCT
- Total Supply: 1,000,000,000 tokens
- Contract Address: 0xeF4461891DfB3AC8572cCf7C794664A8DD927945
Frequently Asked Questions
What is WalletConnect (WCT)?
WalletConnect is a decentralized protocol that enables secure and seamless connections between cryptocurrency wallets and dApps. It plays a key role in improving interoperability within the Web3 ecosystem.
When will WCT be available for trading on OKX?
WCT spot trading will open at 2:00 pm UTC on April 10, 2025. The WCT/USD trading pair will be available at that time.
Are there any trading restrictions for the new listing?
Yes, during the first five minutes of trading, limit orders cannot exceed 10,000 USD in value. This is a temporary measure to maintain market stability.
Where can I find more information about trading rules?
For the most accurate and up-to-date information on trading rules and risk management, you can 👉 access the official spot trading information page.
What is the total supply of WCT?
The total supply of WCT is 1 billion tokens.
How does OKX protect users during new token listings?
OKX implements price and order limits to reduce volatility and protect traders from sudden market movements. These measures are part of the platform’s broader risk management framework.
Risk Warning: Digital asset investments are highly speculative and volatile. Investors may experience significant losses and should assess their risk tolerance before trading. The information provided here is for educational purposes only and does not constitute financial advice. OKX does not guarantee the accuracy or completeness of this content and is not liable for any investment losses. Users are encouraged to conduct independent research and comply with local regulations.