OKX Lists MAJOR (Major) Token for Spot Trading

OKX announces the listing of MAJOR (Major) token for spot trading. Below is the detailed schedule and trading information:

Listing Schedule

1. Deposit Opened: MAJOR deposits will be available starting 10:00 UTC, November 21, 2024.
2. Call Auction Period: The MAJOR/USDT call auction will run from 11:00–12:00 UTC, November 28, 2024.
3. Spot Trading Launch: MAJOR/USDT spot trading officially begins at 12:00 UTC, November 28, 2024.
4. Withdrawals Enabled: MAJOR withdrawals will open at 10:00 UTC, November 29, 2024.

Spot Trading Rules

To mitigate volatility risks during the initial trading phase, OKX implements the following restrictions for the first 5 minutes:

• Market orders: Disabled.
• Limit orders: Maximum order value capped at 10,000 USD.

These restrictions will be lifted after 5 minutes.

About Call Auctions

OKX uses a call auction mechanism for MAJOR/USDT listing. Key features:

• Auction duration: 1 hour.
• Participants submit buy/sell orders at desired prices before official trading begins.
• The system calculates an indicative opening price based on aggregated orders.
• Post-auction, the project team’s suggested opening price (for reference only) will be displayed.

👉 Learn more about OKX’s trading mechanisms

Project Overview

Major is a Play-to-Earn (P2E) Telegram game built on the TON blockchain, designed to boost TON’s adoption.

• Token Utility:

  • In-game mechanics.
  • Telegram username rentals.
  • NFT-linked phone numbers.
• Asset Name: Major
• Ticker: MAJOR

How to Prepare for Trading

Deposit USDT to your OKX account to trade MAJOR/USDT pairs upon launch.

👉 Fund your account now

FAQs

1. When does MAJOR spot trading start?

Spot trading begins at 12:00 UTC, November 28, 2024.

2. What are the trading restrictions initially?

For the first 5 minutes:

• No market orders.
• Limit orders ≤ 10,000 USD.

3. What is a call auction?

A pre-trading session where buy/sell orders are aggregated to determine an opening price.

4. Can I withdraw MAJOR immediately after listing?

No. Withdrawals open at 10:00 UTC, November 29, 2024.

5. What is MAJOR used for?

It powers gameplay, Telegram username rentals, and NFTs in the Major ecosystem.

Risk Disclaimer
Digital assets are speculative and highly volatile. Conduct independent research and assess risk tolerance before trading. OKX is not liable for trading losses.

For further assistance, contact OKX Support.

Last Updated: November 13, 2024