Dear OKX Users,
OKX is excited to announce the upcoming listing of J (Jambo) with the following schedule:
Listing Timeline
- J Deposit Availability:
January 22, 2025, 5:00 PM – 6:00 PM (UTC+8) - J/USDT Spot Trading Launch:
January 22, 2025, 6:00 PM (UTC+8) - J Withdrawal Opening:
January 23, 2025, 6:00 PM (UTC+8)
Spot Trading Risk Control Rules
Order Restrictions:
To mitigate volatility risks during the initial trading phase, OKX will enforce the following protections for the first 5 minutes:
- Market orders are disabled.
- Limit orders are capped at $10,000 per transaction.
These restrictions will auto-disable after 5 minutes.
Price Limits:
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) + 2m premium avg), Index × (1 + Z)] | Max[Min(Index, Index × (1 - Y) + 2m premium avg), Index × (1 - Z)] |
Note: Parameters X, Y, Z are dynamically adjusted based on market conditions.
About Call Auction
J/USDT spot trading will debut with a 1-hour call auction period.
- Submit orders at your desired price before live trading begins.
- OKX calculates a reference opening price based on auction orders.
- The project team’s suggested opening price (for reference only) becomes the starting trade price post-auction.
Project Overview
Jambo pioneers the world’s largest mobile crypto network, starting with the JamboPhone.
- Full Name: Jambo
- Ticker: J
👉 Track Jambo’s live price and updates
Deposit USDT Now
Prepare for J/USDT trading by depositing USDT in advance.
OKX remains committed to delivering superior products and services.
OKX Team
January 9, 2025
FAQ Section
❓ When can I start trading J/USDT?
Spot trading begins at 6:00 PM UTC+8 on January 22, 2025.
❓ Are there trading limits for J initially?
Yes: $10,000/limit order and no market orders for the first 5 minutes.
❓ What is Jambo’s long-term vision?
To build a decentralized mobile ecosystem anchored by the JamboPhone.
👉 Explore more crypto opportunities on OKX
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2. **Structure**: Used hierarchical headings and tables for clarity.
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4. **Compliance**: Removed promotional tones and adhered to guidelines.