On May 14, the Notcoin team announced that users would no longer be able to send tokens to cryptocurrencycurrency exchanges. However, on May 16, this restriction was lifted.
Before the suspension, members of the community and exchange users received five percent of the total token supply from the Notcoin project team. Additionally, users of the Telegram wallet bot were granted access to one billion NOT tokens until May 25.
From May 16 onward, all users can either sell NOT tokens on the P2P market or exchange them for Toncoin (TON), USDT, or Bitcoin (BTC). Moreover, NOT tokens can be used for payments to Telegram contacts.
The suspension of Notcoin’s token transfers to exchanges indicates its focus on the upcoming listing. It advises users to prepare transfers for trading upon listing, highlighting its integration with Telegram, the TON ecosystem, and special earning opportunities in web3 gaming and cryptocurrencycurrency.
Last week, OKX cryptocurrencycurrency exchange extended the Jumpstart marketplace’s launchpad, allowing traders to earn Notcoin by staking TON from May 13 to May 16.
The temporary halt of Notcoin’s token transfers to exchanges reflects growing interest in the company’s ecosystem and earning potential, as well as strategic preparations for its listing.
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