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Notcoin suspends NOT deposits on crypto exchanges

source-logo  crypto.news 13 May 2024 18:46, UTC
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The Notcoin team announced that starting May 14, users will no longer be able to send their tokens to crypto exchanges.

The post on X said the next time the Notcoin ($NOT) withdrawal option will be available is after the coin’s listing on May 16.

⚡️ Notcoin direct deposits to exchanges will be closed tomorrow (May 14th).

The next time withdrawal options (including on-chain claim) will be opened after the listing.

Please make sure you have initiated the transfer to exchange if you want to start trading from the first…

— Notcoin Ø (@thenotcoin) May 13, 2024

“Please make sure you have initiated the transfer to exchange if you want to start trading from the first minute.”

The Notcoin team

Notcoin is a web3 gaming project launched on Jan. 1 within the The Open Network ($TON) ecosystem. It works as a mini-application inside the Telegram messenger and allows users to receive coins with a simple tap on the phone screen. Earnings can be increased through several additional activities.

Before 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 last easy Notcoin

Around 5% of the Notcoin supply will be distributed to over 500,000 community members and exchanges users. pic.twitter.com/eEOQGhxDUq

— Notcoin Ø (@thenotcoin) May 12, 2024

The team also said 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). In addition, $NOT can be sent to the Telegram contacts and used for payments.

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.

You might also like: Notcoin founder details upcoming coin launch
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