OKX announced the listing of DOGS for spot trading and pre-market futures. Starting from August 14, 2024, DOGS deposits will be open at 9:00 am UTC, with a call auction scheduled for August 20, 2024, between 11:00 am and 12:00 pm UTC.
Spot trading for DOGS/USDT will commence promptly at 12:00 pm UTC on the same day. Withdrawals for DOGS will be available starting at 10:00 am UTC on August 21, 2024.
DOGS, inspired by Spotty—the mascot created by Telegram’s Pavel Durov—represents a unique addition to the market.
Alongside the spot trading, OKX will deliver USDT-margined pre-market futures for DOGS on August 19, 2024, at 12:00 pm UTC. The delivery price will be determined by the average index price over the last hour before delivery, with a settlement fee of 1% and specific price limits in place.
While OKX is moving forward with this new listing, speculation is rife in the crypto community about whether Binance will follow suit. As of now Binance, has not made any official announcements regarding DOGS, but many are eagerly awaiting to see if they will mirror OKX’s actions. Will Binance seize this trend and list DOGS, or will OKX remain the sole player in this new market?