OKX, a leading cryptocurrency exchange, has announced the listing of Jambo (J) on its platform. The trading schedule and related details are as follows:
OKX Announces Listing of Jambo (J) for Spot Trading
Process Program
Spot Trading for J/USDT:
January 22, 2025, 19:00
Withdrawal Opening for J/USDT
January 23, 2025, 18:00
Spot Trading Risk Management
OKX will implement the following measures in the first 5 minutes of trading to protect users from potential fluctuations in the first moments of trading:
Market orders will not be allowed.
Limit orders will be capped at a maximum value of $10,000.
These restrictions will be lifted after the first 5 minutes of trading.
The J/USDT trading pair will use a pre-listing auction mechanism that lasts for one hour before spot trading begins.
During this period, users can place orders at any price they want according to pre-determined transaction parameters. The system will process orders according to the auction rules and create a reference opening price.
The project team will provide a starting price based on the estimated project valuation, which will serve as a reference but will not affect the orders placed by users or the price determined by the auction mechanism.
Jambo aims to build the world’s largest mobile crypto network, starting with its flagship JamboPhone.
*This is not investment advice.
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