Zcash Spot Trading Returns on OKX

According to OKX’s official statement, Zcash is preparing for relisting, with spot trading opening on November 24, 2025, at 20:00 UTC+8 (3:00 PM Turkey time).

To minimize price volatility during the relisting, OKX will apply an index-based limit price mechanism, which can be adjusted based on market conditions.

Why Did OKX Delist Zcash?

OKX previously removed Monero, Dash, and Zcash due to their privacy-focused nature. These tokens carry higher regulatory risks and did not fully meet OKX’s listing criteria. Privacy coins can pose compliance challenges regarding anti-money laundering (AML) and KYC regulations. As a result, OKX prioritized investor security and regulatory compliance when it temporarily suspended ZEC trading.

What is Zcash (ZEC)?

Zcash is a cryptocurrency that allows users to execute transactions in either a private or transparent mode. Its privacy-focused structure enables users to conceal the sender, recipient, and transaction amount, while still supporting standard transparent transactions. This feature makes Zcash especially attractive for investors seeking anonymity and privacy.

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Nodecoin Trading Process Begins

OKX has opened deposits for Nodecoin on January 13, 2025. The NC/USDT trading pair will officially go live in the spot market on January 17, 2025. During this process, a call auction mechanism will be used, allowing users to perform their initial trades starting in the morning.

Trading Schedule:

• NC deposits: January 13, 2025, at 12:00 PM (UTC)
• Call Auction: January 17, 2025, from 9:00 AM to 10:00 AM (UTC)
• Spot trading start: January 17, 2025, at 10:00 AM (UTC)
• Withdrawals: January 17, 2025, at 2:00 PM (UTC)

The announcement of this timeline marks an essential step for investors to prepare for the trading process.

To control price volatility during the trading launch, OKX will implement a series of restrictions. In the first 5 minutes of trading, market orders will not be allowed, and each limit order will be capped at a maximum value of $10,000 USD. These measures aim to mitigate price fluctuations at the start of trading.

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Additionally, if the trading pair includes a spot index, price limits will also be activated. These limits are designed to stabilize trading volume and ensure fair pricing.

About Nodepay and Nodecoin

Nodepay is an innovative platform that enables users to monetize their unused internet bandwidth for artificial intelligence training processes. This system enhances real-time data retrieval for AI, improving AI inference capabilities.

The platform’s native token, Nodecoin (NC), plays a central role in this infrastructure. With a total supply of 1 billion, Nodecoin offers substantial potential for both investors and platform users.

• Asset Name: Nodecoin
• Ticker: NC
• Smart Contract Address: B89Hd5Juz7JP2dxCZXFJWk4tMTcbw7feDhuWGb3kq5qE

What is the Call Auction Mechanism?

OKX will conduct a call auction process for Nodecoin before the spot trading launch. This mechanism allows users to submit buy and sell orders at their desired prices before the trading pair officially opens. At the end of the auction, an opening price is determined, which will be displayed for informational purposes on the price charts.

During the call auction, submitted orders are evaluated according to OKX’s trading rules, ensuring a fair and balanced starting price while minimizing price volatility.

Warnings for Investors

Cryptocurrency investments carry high volatility and risks, requiring careful consideration. OKX states that the information provided about Nodecoin’s listing is for informational purposes only, and investors should conduct their own research before making any decisions.

Digital assets are speculative and may lead to the loss of an investor’s entire capital. It is essential to assess your risk tolerance and make informed decisions when trading.

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Scroll (SCR) is known for its innovative solutions to scalability problems, especially in blockchain technology. Developed as a Layer 2 solution on the Ethereum network, Scroll stands out with its aim to reduce transaction costs and increase transaction speed. With these features, the listing of Scroll offers an alternative for users who want to cope with the high transaction costs on the Ethereum network and contributes to the increase in interest in Ethereum-based projects.

OKX exchange aims to increase the transaction volume on the platform with Scroll (SCR) and offer its users a variety of trading options. OKX officials stated that the new listing will encourage innovation in the crypto ecosystem and attract great interest among users. With the scalability solutions that Scroll offers to its users, it is expected to pave the way for more adoption in the crypto world.

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OKX will offer the SCR/USDT trading pair, allowing users to buy and sell Scroll directly with Tether (USDT). Details about the listing date and time of this new trading pair will be included in OKX’s official announcements. Crypto investors are advised to closely follow Scroll’s performance and consider potential market movements after the listing.

With Scroll’s listing on OKX, new opportunities will arise for investors, and it seems that interest in Layer 2 solutions, especially in the cryptocurrency ecosystem, will increase even more.

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About Simon’s Cat (CAT) Token

Simon’s Cat (CAT) token is a community-focused cryptocurrency developed based on the popular Simon’s Cat character. Standing out with its fun structure and strong fan base, the CAT token is attracting attention especially among investors interested in creative projects. CAT offers Simon’s Cat fans the opportunity to own an asset connected to this beloved character in the crypto world.

OKX’s Strategy to Increase Crypto Investment Alternatives

OKX continues to expand its platform with innovative projects, providing its users with more investment options. The listing of the CAT token offers an alternative investment opportunity for both Simon’s Cat fans and general crypto investors. With this step, the CAT token is expected to increase its trading volume and attract more attention in the crypto world.

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This listing will provide OKX users with the opportunity to invest in a fun and community-supported project, while contributing to the growth potential of the CAT token.

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The Memecoin Frenzy Continues!

Memecoins continue to dominate the crypto market. Exchanges are actively adding memecoins to their listings, and this time, the move comes from one of the largest crypto exchanges, OKX. OKX announced that it would list Goatseus Maximus (GOAT) in futures trading. After the announcement, the market cap of this Solana-based memecoin surged to $803.8 million.

GOAT will start trading on OKX at 12:00 PM Turkish time on October 24. Users will be able to engage in perpetual futures trading in the GOAT/USDT pair, with leverage options of up to 20x. It is important to note that memecoins are highly risky assets. To avoid fake contract addresses, you can visit the official site of Goatseus Maximus (GOAT) by clicking here.

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The post OKX is Listing a New Altcoin in Futures Trading! appeared first on Coin Engineer.

Dteails of OKX’s Listing Process

Launch Details:

• The MOODENGUSDT perpetual contract will be available for trading on October 3, 2024 at 18:00.
  The NEIROUSDT perpetual contract will open at 18:15 on the same day.

Contract Details:

The MOODENGUSDT Perpetual Contract is based on MOODENG, a fan meme coin inspired by the famous Thai baby hippo Moo Deng. The coin stands out with its animal-themed branding.

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During the launch, a temporary cap will be applied to the funding fees of the MOODENGUSDT contract to ensure fair trading. This cap will be set at 0.03% until October 4, 2024 at 08:00, after which it will revert to the standard rate of 1.50%. The launch of these new contracts is considered part of OKX’s strategy to provide investors with more digital asset offerings and trading opportunities.

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Leading cryptocurrency exchange OKX has announced the listing of a new altcoin.

OKX announced on its official website on December 18 that it will list Venom (VENOM), a Tier-0 blockchain project.

OKX announced that deposits began on March 22nd and that they will open VENOM for spot trading on March 25th at 11:00 a.m. ET with the VENOM/USDT trading pair.

In addition, OKX stated that VENOM withdrawals will begin at 13.00 on March 26.

VENOM, with a total supply of 7.2 billion, is a blockchain project that offers an independent economy by providing sustainable and scalable infrastructure for enterprise, government and web3 applications. VENOM does not have a token already on the market and will be launched alongside OKX.

OKX issued a risk warning, emphasizing that some data was obtained from third parties and not from their own.

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OKX and Hamster Kombat Collaboration

OKX aims to offer new opportunities to both players and investors by listing Hamster Kombat Token. As Hamster Kombat’s popularity continues to grow, OKX’s listing of this token is considered an indicator of trust in the project. OKX officials stated that Hamster Kombat’s innovative structure and community-oriented approach make the project unique and has great potential in the future.

HKT Listing Details

OKX will list Hamster Kombat Token (HKT) on its platform on September 5, 2024. Users will be able to trade on HKT/USDT and HKT/BTC trading pairs. In addition, OKX will offer various campaigns and rewards within the scope of this listing. These rewards include HKT staking and trading competitions.

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What is Hamster Kombat?

Hamster Kombat is a project that offers players an extraordinary fighting game experience using blockchain technology. Players try to defeat their opponents by fighting in virtual arenas with various hamster characters. In-game items and characters are represented as NFT (Non-Fungible Token) and allow players to personalize and strengthen their own hamsters. Hamster Kombat Token (HKT) is at the center of this ecosystem and is used in in-game transactions and reward systems.

Click on the link to register with OKX with a commission discount.

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