Dear OKX Users,
We are excited to announce the upcoming listing of PI (Pi Network) on OKX. Below are the detailed timelines and trading rules:
Listing Schedule
- PI Deposits Open: February 12, 2025, at 10:45 AM (UTC+8)
- Trading Preview Window: February 20, 2025, 3:00 PM – 4:00 PM (UTC+8)
- PI/USDT Spot Trading Starts: February 20, 2025, at 4:00 PM (UTC+8)
- PI Withdrawals Resume: February 21, 2025, at 6:00 PM (UTC+8) (Wallet maintenance for security upgrades. Please wait until completion.)
Spot Trading Risk Control Rules
To protect investors from high volatility, OKX will enforce the following order restrictions during the first 5 minutes of trading:
- ❌ No market orders
- ⏸️ Max limit order amount: $10,000 per trade
- 🛑 Max net position limit: $10,000 per user
These restrictions lift automatically after 5 minutes.
Price Limit Rules
If an index price is available, the following limits apply:
| Phase | Buy Order Max Price | Sell Order Min Price |
|---------------------|---------------------------|----------------------------|
| First 10 minutes | Index × (1 + X) | Index × (1 - X) |
| After 10 minutes | Min[Max(Index, Index × (1 + Y) + 2-min premium), Index × (1 + Z)] | Max[Min(Index, Index × (1 - Y) + 2-min premium), Index × (1 - Z)] |
Note: Parameters X, Y, Z are adjusted based on market conditions.
About the Call Auction
PI/USDT spot trading will launch with a 1-hour call auction. Key rules:
- 🚧 Single-user buy limit: $50,000 during the auction.
- ⏳ Last 5 minutes: Only limit orders allowed; no modifications/cancellations.
👉 Learn more about call auction mechanics
The project team’s reference opening price (based on project valuation) will be displayed post-auction but does not affect user order execution.
Project Overview: Pi Network
Pi Network is a social cryptocurrency and developer platform focused on accessibility and real-world utility. With over 60 million users (19M KYC-verified), it enables mobile mining and supports dApps on its blockchain.
- Full Name: Pi Network
- Ticker: PI
- Circulating Supply: 6,041,000,000
- Total Supply: 9,294,000,000
- Max Supply: 100,000,000,000
Preparing for PI/USDT Trading
Deposit USDT now to be ready for trading:
FAQ
Q1: When can I withdraw PI after listing?
A: Withdrawals resume on February 21, 2025, at 6:00 PM (UTC+8).
Q2: Why are there order limits initially?
A: To mitigate volatility risks and protect traders during high-price fluctuations.
Q3: How is the opening price determined?
A: The project team provides a reference price, but actual trades execute based on user orders.
OKX is committed to delivering exceptional products and services. Happy trading!
OKX Team
February 12, 2025