Notcoin suspends NOT deposits on crypto exchanges

As a seasoned crypto investor with a keen interest in web3 gaming projects, I’ve been closely following the developments of Notcoin since its launch within The Open Network (TON) ecosystem back in January. Having experienced the thrill and challenges of earlier projects in this space, I can’t help but feel a mix of excitement and caution as the team announces the upcoming changes.


Starting on May 14, the Notcoin team made it known that users can no longer transfer their tokens to cryptocurrency exchanges.

The X post announced that the NOT withdrawal feature would only become accessible following the digital currency’s listing on May 16.

Tomorrow, May 14th, direct deposits of Notcoin to exchanges will be suspended. You’ll need to withdraw your Notcoins before then if you wish to trade them once they become available for withdrawal again after the listing. Make sure to initiate the transfer to the exchange in advance.

— Notcoin Ø (@thenotcoin) May 13, 2024

If you intend to begin trading right away, don’t forget to instigate the transfer to the exchange.

The Notcoin team

Starting January 1, Notcoin emerged as a web3 gaming initiative operating within The Open Network (TON) community. Functioning as a mini-app inside Telegram messenger, it enables users to acquire coins effortlessly with a single tap on their mobile screens. Users can amplify their earnings through various supplementary actions.

As a crypto investor, I’d rephrase it like this: Previously, the Notcoin project team made an announcement that they would distribute 5% of the total token supply amongst both community members and clients of cryptocurrency exchanges.

As a financial analyst, I would rephrase that statement as follows: I discovered that approximately one billion dollars were not earmarked for Telegram’s wallet bot users during their fundraising campaign, which concluded on May 25th.

Around 5% of the total Notcoin supply is earmarked for distribution among over half a million community members and exchange users.

— Notcoin Ø (@thenotcoin) May 12, 2024

Starting from May 16, users will have access to trading NOT, as the team announced. They can choose to sell the asset on the peer-to-peer market or exchange it for Toncoin (TON), Tether (USDT), or Bitcoin (BTC). Moreover, NOT can be sent to Telegram contacts for transactions.

Last week, the Notcoin team made an announcement: NOT is now listed on the OKX crypto exchange, specifically on its Jumpstart marketplace’s launchpad. Starting from May 13 and ending on May 16, traders have the opportunity to acquire Notcoin by staking TON.

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2024-05-13 20:56