Listing Timeline and Trading Details
OKX is excited to announce the listing of Simons Cat (CAT) on its spot trading platform. Below is the detailed schedule for trading activities:
- Deposit Opening:
CAT deposits will open at 6:00 am UTC on October 25, 2024. - Call Auction Period:
The call auction for CAT/USDT will run from 10:00 am to 11:00 am UTC on October 25, 2024. - Spot Trading Launch:
CAT/USDT spot trading will commence at 11:00 am UTC on October 25, 2024. - Withdrawal Activation:
CAT withdrawals will be enabled at 12:00 pm UTC on October 26, 2024.
Understanding Call Auctions
The call auction mechanism is employed for the spot listing of CAT/USDT, lasting 1 hour. This mechanism allows traders to submit buy and sell orders at their preferred prices before trading officially begins. Key features include:
- Indicative Opening Price: Calculated based on submitted orders during the auction.
- Project Team's Opening Price: Displayed post-auction for informational purposes only. This price, provided by the token team, reflects project valuation but does not influence executed order prices.
👉 Learn more about trading mechanisms
Simons Cat (CAT) Project Overview
Simons Cat (CAT) is a memecoin inspired by the popular Simon's Cat animated series, created by Simon Tofield. The project bridges Web3 with the show's global fanbase while supporting cat welfare initiatives.
Token Details:
- Asset Name: Simons Cat
- Ticker: CAT
- Contract Address:
0x6894cde390a3f51155ea41ed24a33a4827d3063d
Trading Preparation
To participate in CAT/USDT trading, ensure your account is funded with USDT.
Risk Disclosure
Digital asset trading involves high volatility and risk. OKX provides this information for educational purposes only and does not guarantee accuracy. Traders should:
- Conduct independent research.
- Assess personal risk tolerance.
- Understand that investments may lose value.
For further details, review OKX’s Terms of Service and Risk Disclosure.
FAQs
1. When does CAT/USDT trading start?
Spot trading begins at 11:00 am UTC on October 25, 2024.
2. What is a call auction?
A pre-trading period where orders are collected to determine an indicative opening price.
3. How can I fund my account for CAT trading?
Deposit USDT via your OKX wallet before trading opens.
4. Is the project team’s opening price binding?
No, it’s informational and doesn’t affect executed trade prices.
5. Where can I find CAT’s contract address?
0x6894cde390a3f51155ea41ed24a33a4827d3063d (Always verify before transactions).
6. How long do withdrawals take to activate?
Withdrawals open at 12:00 pm UTC on October 26, 2024.
For assistance, contact OKX via the Support Center or community platforms.
OKX Team
October 25, 2024