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      OKX Announcement on Listing Matr1x (MAX) for Spot Trading and Commencing Call Auction

      OKX's logo OKX

      Dear OKX Users,
      OKX is pleased to announce the listing of Matr1x (MAX) on our spot trading market. Please take note of the following schedule:

      1. MAX deposits will open at 9:30 am (UTC 8) on August 5, 2024.

      2. MAX call auction will take place from 5:00 pm to 6:00 pm (UTC 8) on August 5, 2024.

      3. MAX/USDT spot trading will open at 6:00 pm (UTC 8) on August 5, 2024.

      4. MAX withdrawals will open at 6:00 pm (UTC 8) on August 6, 2024.


      Project Introduction
      Matr1x is a groundbreaking gaming platform powered by blockchain technology. The team behind Matr1x includes seasoned professionals from acclaimed gaming franchises like CrossFire, Battlefield, and Tencent, as well as a group of expert blockchain technologists. The team brings extensive industry experience and technical expertise, dedicated to combining blockchain technology with top-tier game design to deliver revolutionary entertainment experiences to players worldwide.
      Asset name: Matr1x
      Ticker: MAX
      Total supply: 1,000,000,000
      Contract address: 0xb7109df1a93f8fe2b8162c6207c9b846c1c68090

      About Call Auction
      What is a Call Auction?
      A call auction is a period before new trading pairs enter formal trading where users can freely place buy and sell orders at their acceptable price levels. The trading system processes all orders based on call auction rules and calculates an estimated opening price.
      Which assets have call auctions? Call auctions are used for newly listed trading pairs.
      How long does the call auction last? The call auction typically lasts at least 10 minutes, depending on the asset and market liquidity.
      What are the rules for call auctions?
      During the call auction phase, users can only place limit orders, which can be cancelled but not modified. The formal trading phase begins with the opening price determined during the call auction.

      Risk Warning: Digital assets are innovative investment products with high price volatility and high investment risk. Please fully understand digital assets and assess your investment ability rationally before making investment decisions.
      OKX is committed to providing you with better products and quality services.

      OKX Team
      August 5, 2024

      Read the original article at okex

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