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Exchanges & Companies20h ago

OKX Throws LIT on the Spot Market: A Date with Identity Crisis

$LIT$USDT

Cryptocurrency exchange OKX has announced it will list the Litentry (LIT) token on its spot market. Trading for the LIT/USDT pair is scheduled to begin on January 15th. Because nothing says "Happy New Year" like a fresh token for the identity-obsessed masses to speculate on.

Deposits for the LIT token will open on January 15th at 7:00 PM. Following this, an early order (pre-order) period will run from 10:30 PM to 11:30 PM, allowing users to enter buy and sell orders into the system before live trading. LIT/USDT spot trading will officially commence at 11:30 PM on the same day. It’s the crypto version of speed dating: deposit, pre-order, and trade before the clock strikes midnight.

Withdrawals for LIT will be active starting January 16th at 01:30 AM. This schedule allows users to complete deposit, transaction, and withdrawal steps within a short timeframe. Because in crypto, the only thing faster than a rug pull is the withdrawal window closing behind you.

Litentry is a project offering decentralized identity (DID) and cross-chain authentication solutions. The project aims to provide users with a more secure and efficient experience in DeFi and Web3 applications by consolidating identity and reputation data across different blockchains under a single platform. Basically, it’s trying to give you one digital face to show the world, so you don’t have to fake it every time you bridge networks.

OKX’s addition of LIT to the spot market could increase the project’s liquidity and help it reach a wider investor base. Experts point out that the new listing could increase trading volume and volatility in the short term, and emphasize that investors should carefully examine market conditions and project details before trading. *This is not investment advice. Because nothing says "DYOR" quite like a sudden liquidity injection and a pre-order period that feels like a Black Friday sale for your wallet.