OKX Lists AI Community Token (ACT) on Spot Market with Call Auction and Trading Launch
OKX has announced some exciting news! They are listing ACT (Act I: The AI Prophecy) on their spot trading market. You can start depositing ACT right now. Spot trading for the ACT/USDT pair will kick off later today.
But that’s not all. There’s a call auction for ACT happening from 9:00 AM to 10:00 AM UTC on November 14th. After that, you’ll be able to withdraw your funds starting at 10:00 AM UTC on November 15th.
So, what’s a call auction? It’s a neat feature that lets users submit buy and sell orders at their chosen prices before the trading pair officially launches. The system then processes these orders based on specific rules to set an opening price.
Now, let’s talk about ACT. This project dives into how multiple AI agents and humans interact. The total supply of ACT is capped at 1 billion tokens. ACT stands for AI Community Token. It’s all about resilience, unity, and growth, connecting the crypto and AI communities.
The goal? To build a decentralized community focused on advancing AI research, education, and collaboration. Through ACT, enthusiasts, developers, and community members come together. They aim to promote AI literacy and make this transformative technology more accessible.
As for OKX, it’s currently the fourth-largest cryptocurrency exchange in the world, following Binance, Coinbase, and Bybit. According to CoinMarketCap, OKX has seen over $11 billion in trading volume in the last 24 hours. Recently, they also listed PayPal USD (PYUSD), a stablecoin fully backed by U.S. dollar deposits and other cash equivalents.
OKX is also exploring ways to use digital currencies for charitable causes. And let’s not forget how AI is making waves in healthcare. It’s helping to uncover new genetic links and even improve robotic surgical systems.