Luisa Crawford
Nov 11, 2025 00:37
Cryptocurrency alternate OKX is about to introduce Allora (ALLO) to its spot buying and selling platform, with buying and selling set to begin on November 11, 2025.
OKX, a distinguished cryptocurrency alternate, has introduced the itemizing of Allora (ALLO) on its spot buying and selling platform. The brand new itemizing is scheduled to go reside on November 11, 2025, in accordance with OKX.
Itemizing Timeline
ALLO deposits will likely be accessible from 7:30 am UTC, adopted by a name public sale from 12:00 pm to 1:00 pm UTC. The ALLO/USDT spot buying and selling will start at 1:00 pm UTC, with withdrawals opening at 4:00 pm UTC on the identical day.
Preliminary Buying and selling Restrictions
To handle market volatility, OKX will implement sure restrictions through the first 5 minutes of buying and selling. Throughout this era, market orders is not going to be permitted, and the utmost quantity per restrict order and internet place per consumer will likely be capped at $10,000. These restrictions will likely be lifted after the preliminary five-minute window.
Value Restrict Guidelines
OKX plans to use closing price-based restrict guidelines initially, transitioning to index-based restrict guidelines as soon as a secure index worth is established. The alternate reserves the best to regulate parameters or change restrict worth calculation strategies primarily based on market situations with out prior discover.
Name Public sale Mechanism
Previous to the beginning of spot buying and selling, a name public sale mechanism will likely be used. This enables customers to submit purchase and promote orders at desired costs, with an indicative opening worth calculated primarily based on these submissions. Throughout the name public sale, every consumer’s purchase orders should not exceed $50,000, and order modifications will likely be restricted within the final 5 minutes.
Mission Introduction
Allora is a decentralized AI community designed to allow purposes to make the most of smarter, safer AI by way of a self-improving community of machine studying fashions. The asset title is Allora, with the ticker image ALLO, and it operates on the Ethereum blockchain (contract handle: 0x8408D45b61f5823298F19a09B53b7339c0280489).
Danger Advisory
The knowledge offered by OKX is for informational functions solely, with no ensures on accuracy or completeness. Buying and selling digital property includes important danger because of excessive volatility and potential illiquidity, and buyers could lose their complete funding. OKX advises conducting thorough analysis and assessing danger urge for food earlier than partaking in buying and selling actions.
Picture supply: Shutterstock
