ByBit to open Notcoin trading and withdrawals next week

adminMay 10, 2024

Notcoin (NOT), a play-to-earn game and token integrated into Telegram’s mini app, is gaining popularity on X as major cryptocurrency exchanges prepare to list the token.

Cryptocurrency exchange ByBit officially announced the listing of Notcoin on its platform on May 9 and began accepting deposits immediately. The exchange plans to begin NOT trading and withdrawals on May 16 and May 17, respectively.

ByBit noted that deposits and withdrawals will be possible through The Open Network (TON), and once listed, trading will be conducted through automated trading tools.

After adding NOT to its launch pool on May 9, Binance exchange will also begin spot trading of Notcoin on May 16. Wallet, Telegram’s third-party managed cryptocurrency wallet, will also be adding NOT to its app on May 16.

Additionally, cryptocurrency exchange OKX plans to introduce Notcoin at its Jumpstart Mining event on May 13. This allows Toncoin (TON) holders to stake their TON and receive rewards in NOT.

Excitement about NOT is building on social media, and at the time of this writing, the “#Notcoin” hashtag has amassed more than 35,000 posts on X.

Launched in January 2024, Notcoin is a free-to-play-to-earn game on Telegram where users can be rewarded with Notcoin tokens by simply tapping on the coin icon. The NOT cryptocurrency is based on the TON blockchain and was founded by Sasha Plotvinov, founder of the game development team Open Builders.

Shortly after Notcoin Game was released, the clicker game went viral on Telegram, attracting millions of users despite the token (NOT) not yet being traded on cryptocurrency exchanges like Binance.

According to Plotvinov, Notcoin (or “It’s not a coin until it’s a coin”) has solved the problem of attracting Telegram users to cryptocurrency. The app reached around 30 million users in just a few months after its launch.

Related: Tether’s USDT stablecoin has been launched on the TON blockchain.

At the time of this writing, the official Notcoin community channels are Telegram and 1.6 million Follower of X. According to Telegram’s Notcoin bot data, the game brought in 648,015 notcoiners.

“No one knows what the price of NOT will be after listing,” the Notcoin team wrote in a blog post, noting that the mining phase has already been completed.

This news comes as the TON ecosystem trend is gaining momentum. On May 8, leading cryptocurrency investor Pantera Capital said its strategic investment in TON was the company’s “largest investment ever.”

The Toncoin cryptocurrency reacted to the news by surging from around $5.5 to nearly $7. As of this writing, TON is trading at $6.88, up about 27% over the past seven days.