In this article, we discuss the recent announcement by the Notcoin team regarding the suspension of NOT token deposits on crypto exchanges and its implications for users.
Notcoin Suspends Deposits
The Notcoin team announced that starting today, May 14, users will no longer be able to send their NOT tokens to cryptocurrency exchanges. This suspension is in place until the coin’s official listing on May 16. The team made the announcement on X, advising users to ensure they have initiated transfers to exchanges if they want to start trading from the first minute of the listing.
Upcoming Listing and Trading Options
The next time the Notcoin (NOT) withdrawal option will be available is after its listing on May 16. The Notcoin team emphasized the importance of this date for users who want to be among the first to trade the token. Notcoin is a web3 gaming project launched on January 1 within the The Open Network (TON) ecosystem. It functions as a mini-application inside the Telegram messenger, allowing users to earn coins with a simple tap on their phone screen. Earnings can be increased through several additional activities.
Token Distribution and Accessibility
Prior to this, the Notcoin project team announced that 5% of the token’s total supply would be divided between community members and cryptocurrency exchange clients. One billion NOT was allocated for users of the wallet bot within Telegram, with the campaign set to end on May 25. The team also stated that NOT will be available to all starting on May 16. Users can sell the asset on the P2P market or exchange the crypto for Toncoin (TON), USDT, or Bitcoin (BTC). Additionally, NOT can be sent to Telegram contacts and used for payments.
Listing and Earning Opportunities
Last week, the Notcoin team announced NOT’s listing. The OKX crypto exchange added NOT to the Jumpstart marketplace’s launchpad. From May 13 to May 16, traders can earn Notcoin by staking TON. This listing provides an opportunity for users to acquire and trade NOT, enhancing its accessibility and utility within the crypto ecosystem.
In summary, the suspension of NOT deposits on crypto exchanges marks a significant step as Notcoin prepares for its upcoming listing on May 16. Users are advised to complete their transfers if they wish to trade immediately upon listing. The project’s integration with Telegram and the TON ecosystem, along with its unique earning mechanisms, make Notcoin an interesting addition to the web3 gaming and cryptocurrency landscapes.
