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Home » Next week, Bybit will introduce trading and withdrawals for Notcoin.
Next week, Bybit will introduce trading and withdrawals for Notcoin.
Next week, Bybit will introduce trading and withdrawals for Notcoin.

Next week, Bybit will introduce trading and withdrawals for Notcoin.

0
By admin on 2024-05-10 Cryptocurrency

Notcoin (NOT), an innovative play-to-earn game and token integrated as a Telegram Mini App, is currently generating buzz on X as major cryptocurrency exchanges prepare to list the token.

Bybit, a prominent crypto exchange, recently announced the official listing of Notcoin on its platform on May 9, with deposits becoming immediately available. The exchange has plans to launch trading of NOT on May 16, followed by withdrawals on May 17. Bybit stated that deposits and withdrawals would be facilitated through The Open Network (TON), while trading would be conducted using its automated trading tool.

Binance, another leading exchange, will also begin spot trading of Notcoin on May 16, after adding it to its launch pool on May 9. Additionally, Telegram’s third-party custodial crypto wallet, Wallet, will integrate NOT into its app on May 16.

In another exciting development, OKX, a crypto exchange, has announced that Notcoin will be featured at its Jumpstart Mining event on May 13. This event will allow Toncoin (TON) holders to stake their TON and receive rewards in NOT.

The enthusiasm surrounding NOT has been growing on social media, with the “Notcoin” hashtag amassing over 35,000 posts on X at the time of writing.

Notcoin, a free play-to-earn game launched in January 2024 on Telegram, enables users to earn rewards in the Notcoin token by simply tapping the coin icons. The NOT cryptocurrency is built on the TON blockchain and was created by Sasha Plotvinov, the founder of Open Builders, the team behind the game.

Despite NOT not yet being available for trading on crypto exchanges like Binance, the Notcoin game quickly gained viral popularity on Telegram, attracting millions of users. Plotvinov believes that Notcoin has successfully addressed the challenge of engaging Telegram users in crypto, as the app reached approximately 30 million users just a few months after its launch.

The official Notcoin Community channel on Telegram currently boasts over 6 million subscribers, with 1.6 million followers on X. According to data from the Notcoin bot on Telegram, the game has attracted 648,015 notcoiners.

In a blog post, the Notcoin team mentioned that the mining phase had already been completed and acknowledged the uncertainty surrounding the price of NOT after listing.

This news coincides with the growing momentum of the TON ecosystem. On May 8, prominent crypto investor Pantera Capital revealed that its strategic investment in TON was its largest investment ever.

Toncoin, the associated cryptocurrency, experienced a significant surge in response to this news, with its price climbing from around $5.5 to almost $7. As of now, TON is trading at $6.88, representing a 27% increase over the past seven days.

The listing of Notcoin and the overall progress of the TON ecosystem highlight the increasing interest in play-to-earn games and the potential of blockchain-based gaming platforms.

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