Dear CoinEx users,
To provide you with more trading options, after rigorous reviews, CoinEx will list PRCL (Parcl) on Apr 16, 2024. The details are as follows.
List Time
1. Deposit: 13:00 on Apr 16 (UTC)
2. Withdrawal: 13:00 on Apr 16 (UTC)
3. Trading pair: PRCL/USDT
4. Opening method: Call Auction
a. Call Auction
13:00-13:20 Apr 16 (UTC)
Orders can be placed and canceled
13:20-13:30 Apr 16 (UTC)
Orders can be placed but cannot be canceled
b. Trading
13:30 Apr 16 (UTC)
About PRCL
Parcl is a decentralized real estate trading platform. Parcl offers city indexes that allow you to speculate on price movements of real estate markets across the globe. It supports cross margined perps trading on various real estate markets. LPs add liquidity to a single LP pool per exchange where they take on trader PnL as well as earn trading fees.
Market index prices are price feeds created by Parcl Labs. The Parcl dev team operates Pyth oracles to stream the Parcl Labs price feeds on-chain.
About Automated Market Making (AMM)
AMM is supported for the PRCL/USDT market. CoinEx AMM allows every user to become a market maker. By adding liquidity to the liquidity pool, users can share 50% of the trading fees earned in this market. The fee dividends are calculated daily. Learn about AMM >>
Risk Reminder
Crypto products are innovative investment products with large price fluctuations as well as high investment risks. Therefore, please evaluate and invest wisely based on your risk tolerance and financial resources.
CoinEx reserves the final interpretation of this announcement.
CoinEx Team
Apr 16, 2024
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