OKX to list WCT (WalletConnect) for spot trading

Published on Apr 8, 20253 min read

OKX is pleased to announce the listing of WCT (WalletConnect) on our spot trading markets. Please take note of the following details:

Listing timeline

  1. WCT deposits will open at 2:00 pm UTC on Apr 10, 2025.

  2. WCT/USD spot trading time will be announced separately.

Spot market opening risk control rules

Order limits:

To protect investors from market volatility during new coin listings, OKX will apply the following restrictions during the first 5 minutes after spot trading begins:

Each limit order must not exceed 10,000 USD in value.

These restrictions will be lifted after the first 5 minutes of trading.

Price limit rules:

When a newly listed crypto lacks a stable index price, the platform will adopt closing price-based limit rules. Once a stable index price becomes available, index-based limit rules will be applied.

Closing price-based limit calculation rules:

Phase

Maximum bid price

Minimum ask price

Within the first 1 minute of listing

Call auction’s execution price × (1 + H)

No limit

From the 1st - Nth minutes (until index is available)

Previous minute’s closing price × (1 + H)

No limit

After the Nth minute (until index is available)

No limit

No limit


Index-based limit calculation rules:

Phase

Maximum bid price

Minimum ask price

Within the 10 minutes of listing

Index × (1 + X)

Index × (1 – X)

After the first 10 minutes of listing

Min[Max(Index, Index (1 + Y) + Avg premium in the last 2 mins), Index × (1 + Z)]

Max[Min(Index, Index × (1 – Y) + Avg premium in the last 2 mins), Index × (1 – Z)]


OKX may adjust the parameters N, H, X, Y, Z or switch limit price calculation methods based on market conditions without prior notice.
For real-time rules, please visit /trade-market/info/spot.

Project introduction

Where wallets, apps, and users connect to drive UX innovation, expand the ecosystem, and guide the network toward a decentralized, permissionless future.

Risk warning: The foregoing overview and information, some of which may be provided by third parties and not OKX, are for informational purposes only. OKX does not guarantee the accuracy or completeness of any information contained herein and such information does not constitute any representation, warranty or any financial, investment or other form of advice by OKX. Such information may not be suitable for all persons; it should not be relied upon in connection with a particular investor's trading; and, is not intended to be, nor should be construed as, an offer, recommendation or solicitation. Such information is also not intended for persons who reside in jurisdictions where providing such information would violate the laws or regulations of such jurisdiction. Digital assets are highly speculative and subject to high volatility, may become illiquid at any time, and that investors may lose the entire value of their investment. Before trading any digital asset, you should do your own research and evaluate your risk appetite. OKX is not responsible for any losses which you may incur from trading digital assets. Please refer to OKX Terms of Service and Risk & Compliance Disclosure for more information.
For any inquiries, please feel free to contact us via OKX Support Center or connect with us on any platform of your choice.

OKX Team

Apr 8, 2025