X Empire is an innovative tap-to-earn game on Telegram that allows players to enhance their characters and earn in-game tokens. These tokens will soon be convertible into $X tokens, bridging the gap between gaming and cryptocurrency. By integrating AI, blockchain technology, and user-generated content, X Empire offers a unique entry point into the Web3 ecosystem for a broad audience.
On October 15, 2024, OKX will officially launch X Empire, featuring spot trading and pre-trade market futures. Starting at 12:00 (UTC) on the same day, users can begin depositing X tokens. A collective auction is scheduled from 11:00 to 12:00 (UTC) on October 24, followed by the commencement of X/USDT spot trading at 12:00 (UTC) on that day. Withdrawals will be available from 10:00 (UTC) on October 25.
OKX has introduced a feature for trading pre-market futures, enabling users to engage in futures contracts for cryptocurrencies before they are officially listed. These contracts are USDT-margined and provide a reliable platform for price discovery of new digital assets.
For X cryptocurrency, the delivery of pre-market futures will occur three hours after the asset is listed on the spot market. The delivery price will be determined two to three hours post-listing. It’s essential to stay updated on any scheduling changes through OKX announcements.
The index price will consider rates from over three major exchanges to ensure accuracy. The delivery price will reflect the arithmetic average of the OKX index price recorded one hour before delivery. If any price anomalies are detected during this period, OKX reserves the right to adjust the final delivery price to maintain fairness.
If you hold positions valued at over 10,000 USD in X/USDT futures contracts during the delivery, asset transfers from your trading account will be temporarily restricted for 30 minutes. After this period, normal asset transfers will resume. Users can access their order history and billing records after delivery, with the option to back up data via the Order Center on the OKX website.
The $X Empire token is set to launch on OKX, a prominent Tier-1 exchange, on October 24th. With a user base of 50 million, this listing following the Token Generation Event (TGE) is anticipated to enhance visibility and drive demand for $X in the cryptocurrency market. During the airdrop listing, the initial price of 1 $X is projected to be $0.0002.
Lokesh Gupta is a seasoned financial expert with 23 years of experience in Forex, Comex, NSE, MCX, NCDEX, and cryptocurrency markets. Investors have trusted his technical analysis skills so they may negotiate market swings and make wise investment selections. Lokesh merges his deep understanding of the market with his enthusiasm for teaching in his role as Content & Research Lead, producing informative pieces that give investors a leg up. In both conventional and cryptocurrency markets, he is a reliable adviser because of his strategic direction and ability to examine intricate market movements. Dedicated to study, market analysis, and investor education, Lokesh keeps abreast of the always-changing financial scene. His accurate and well-researched observations provide traders and investors with the tools they need to thrive in ever-changing market conditions.
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