OKX announces the exciting addition of PI (Pi Network) to its spot trading platform. Below are all the essential details for traders:
PI Listing Schedule
- Deposits Open: 2:45 AM UTC on February 12, 2025
- Call Auction Period: 7:00 AM – 8:00 AM UTC on February 20, 2025
- Trading Goes Live: PI/USDT spot trading begins at 8:00 AM UTC on February 20, 2025
- Withdrawals Resume: 10:00 AM UTC on February 21, 2025 (Wallet maintenance for enhanced security)
Spot Trading Opening Rules
To ensure market stability, OKX implements temporary order restrictions during the first 5 minutes of trading:
- Market orders are disabled.
- Limit orders capped at $10,000 per transaction.
- User position limits set at $10,000 net value.
Restrictions lift automatically after 5 minutes.
Price Limit Mechanism
| Phase | Highest Price Limit | Lowest Price Limit |
|---|---|---|
| First 10 mins post-listing | Index × (1 + X) | Index × (1 - X) |
| After 10 mins | Min[Max(Index, Index (1 + Y) + 2-min avg premium), Index × (1 + Z)] | Max[Min(Index, Index (1 - Y) + 2-min avg premium), Index × (1 - Z)] |
Note: X, Y, Z parameters adjust dynamically based on market conditions.
Call Auction Process
PI/USDT listing will utilize a 1-hour call auction to determine fair opening prices:
- Users submit buy/sell orders with desired prices during the auction.
- Order value per user cannot exceed $50,000.
- Last 5 minutes: Order modifications disabled.
👉 Learn more about call auction rules
The project team’s suggested opening price displays post-auction for informational purposes only and does not affect executed trade prices.
Pi Network Overview
Pi Network is a mobile-first cryptocurrency ecosystem focused on accessibility and real-world adoption. Key metrics:
- Ticker: PI
- Circulating Supply: 6.041B
- Total Supply: 9.294B
- Mainnet Users: 10M+
- Verified Community: 19M+ (via native KYC)
FAQs
Q1: When can I start trading PI on OKX?
A: PI/USDT spot trading launches at 8:00 AM UTC on February 20, 2025.
Q2: Are there deposit requirements before trading?
A: Yes, ensure you deposit USDT beforehand to participate in initial trading.
Q3: Why are withdrawals delayed until February 21?
A: Wallet maintenance enhances security—withdrawals resume at 10:00 AM UTC that day.
Q4: What’s special about Pi Network’s design?
A: Its mobile mining approach and 60M+ user base make it unique among social cryptocurrencies.
Q5: How does the call auction benefit traders?
A: It aggregates orders to establish a fair opening price with reduced volatility.
👉 Start trading PI on OKX today
Risk Disclaimer
Digital assets involve high risk and volatility. OKX provides no investment guarantees—conduct independent research and assess your risk tolerance before trading. This announcement contains third-party data; OKX does not endorse its accuracy.
For support, contact OKX via official channels.
OKX Team
February 12, 2025