OKX has announced the listing of KAITO (Kaito) on its spot trading market. Users will be able to start depositing KAITO from February 19, 2025. The call auction will take place on February 20, and KAITO/USDT spot trading will open at 1:00 PM UTC. Withdrawals will be available starting February 21.
To ensure a smooth market entry, order restrictions will apply during the first 5 minutes of trading. Market orders will not be allowed, and each user’s maximum position size will be capped at 10,000 USDT. Additionally, price limits will be in effect for the first 10 minutes to prevent extreme volatility.
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KAITO to Launch with a Call Auction
OKX will implement a call auction mechanism for KAITO trading to maintain an orderly market. Users can place orders during the auction period based on predefined rules. In the final 5 minutes, orders cannot be canceled or modified. Once the auction ends, the opening price set by the project team will be displayed as a reference.
What is KAITO?
KAITO is a project aiming to build an AI-powered financial information network that improves the efficiency of market attention and capital distribution. KAITO is launching with a total supply of 1,000,000,000 tokens.
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