Yigit Taha OZTURK 
One of the world’s leading cryptocurrency exchanges, OKX, has excited the crypto community with the announcement of a new altcoin listing. The exchange confirmed that it will add Nodecoin (NC) to its spot trading markets. This development has attracted significant attention, with the listing details now clarified.
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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