The cryptocurrency landscape continues to evolve, with innovative projects emerging from the intersection of blockchain technology and digital ecosystems. One such project making waves is Major, a play-to-earn game built within Telegram that leverages the TON blockchain. In a significant development for traders and enthusiasts, OKX has announced the upcoming spot listing of the MAJOR token, opening new opportunities for participation in this growing ecosystem.
This article outlines everything you need to know about the listing schedule, trading rules, auction mechanics, and the unique value proposition behind the Major project.
Listing Schedule and Key Dates
OKX has confirmed the following timeline for the MAJOR/USDT trading pair:
- Token availability: MAJOR will be available on OKX at 10:00 UTC on November 21, 2024.
- Call auction period: A one-hour call auction will take place from 11:00 to 12:00 UTC on November 28, 2024.
- Spot trading launch: Trading for the MAJOR/USDT pair begins at 12:00 UTC on November 28, 2024.
- Full withdrawal support: MAJOR withdrawals will be enabled at 10:00 UTC on November 29, 2024.
These structured phases ensure a smooth and fair market entry, minimizing volatility risks during the initial trading window.
👉 Discover how early access to new crypto listings can boost your trading strategy.
Spot Trading Launch Rules
To protect traders from extreme price fluctuations at launch, OKX has implemented temporary restrictions during the first 5 minutes of trading:
- Market orders are disabled — users cannot execute instant trades at current market prices.
- Limit order cap: Each limit order must not exceed $10,000 in value.
These safeguards help prevent slippage and manipulative trading behaviors, promoting a more stable opening market. After the initial five-minute window, all standard trading functions will resume normally.
Understanding the Call Auction Mechanism
OKX uses a call auction model to determine the fair opening price for newly listed assets like MAJOR/USDT. This mechanism works as follows:
During the one-hour call auction period, users can submit both buy and sell orders at their preferred prices. The system collects all orders and calculates an equilibrium price — the price at which the maximum number of orders can be matched.
Once the auction concludes:
- The opening price is determined algorithmically based on supply and demand.
- OKX displays the project team’s submitted opening price on the auction chart for informational purposes only.
It’s important to note that the team’s suggested price does not influence the actual execution price of trades. It serves solely as a reference point and is not part of the auction calculation.
This transparent process enhances fairness and allows traders to make informed decisions before continuous trading begins.
About the Major Project
Major is a groundbreaking play-to-earn game developed natively within Telegram, designed to drive engagement with the TON (The Open Network) blockchain. It combines gamification with real-world utility, offering users novel ways to interact with digital identity and ownership on Telegram.
Core Features of Major:
- Play-to-earn mechanics: Users earn $MAJOR tokens by participating in gameplay.
- Telegram username rentals: $MAJOR enables users to rent premium or vanity usernames directly within Telegram.
- Phone number NFTs: The platform introduces NFT-based ownership of phone numbers, allowing users to trade or monetize their digital identities.
By integrating deeply with Telegram’s infrastructure and the TON ecosystem, Major creates tangible use cases for its native token beyond speculative trading.
Asset Details:
- Asset name: Major
- Ticker symbol: MAJOR
- Blockchain: TON
This fusion of social media, gaming, and decentralized identity positions Major as a pioneering project in Web3 adoption.
👉 See how blockchain gaming tokens are reshaping digital economies.
Prepare for Spot Trading
To participate in the MAJOR/USDT market at launch, traders should ensure their accounts are funded with USDT ahead of time. Having liquidity ready allows for immediate action when trading goes live.
Additionally, consider setting up price alerts and reviewing historical data from similar TON-based launches to inform your strategy. Early involvement in newly listed assets can offer strategic advantages — but requires careful risk assessment.
Frequently Asked Questions (FAQ)
Q: What is the purpose of the call auction?
A: The call auction ensures a fair and transparent opening price by matching buy and sell orders before continuous trading begins. It reduces volatility and prevents price manipulation during the initial moments of trading.
Q: Can I place market orders during the first 5 minutes of trading?
A: No. Market orders are disabled for the first 5 minutes after trading starts. Only limit orders under $10,000 are allowed during this period to maintain market stability.
Q: When can I withdraw MAJOR tokens?
A: Withdrawals for MAJOR will be supported starting at 10:00 UTC on November 29, 2024, one day after spot trading begins.
Q: Does the project team’s opening price affect my trades?
A: No. The team-submitted opening price is for informational purposes only. Actual trade execution is based entirely on the call auction results and market activity.
Q: Is Major built on its own blockchain?
A: No. Major operates on the TON (The Open Network) blockchain, leveraging its speed, scalability, and integration with Telegram.
Q: How can I earn $MAJOR tokens?
A: Players earn $MAJOR through gameplay in the Major app, including completing tasks, competing in challenges, and engaging with the platform’s social features.
Final Thoughts
The listing of MAJOR on OKX’s spot platform marks a pivotal moment for both the token and the broader TON ecosystem. With its deep integration into Telegram — one of the world’s most popular messaging platforms — Major brings real utility to cryptocurrency through gaming and digital identity ownership.
For traders, this listing offers early access to a project at the forefront of Web3 innovation. However, as with any digital asset, it’s crucial to conduct thorough research and understand the risks involved.
👉 Start trading MAJOR/USDT with confidence on a trusted global exchange.
Digital assets are highly speculative and subject to rapid price swings. Always assess your risk tolerance and never invest more than you can afford to lose. OKX provides tools and transparency to support informed decision-making — but final investment choices remain yours alone.
Stay updated, stay prepared, and take advantage of new opportunities as they emerge in the dynamic world of blockchain and decentralized finance.