Notcoin Pauses Withdrawals to Exchanges Before May 16th Listing

The Notcoin team announces temporary suspension of withdrawals to exchanges starting May 14th, to be reinstated after the coin's listing on May 16th. This measure allows users to initiate transfers before trading commences at launch. The announcement follows the project's allocation of 5% of the token supply for community members and exchange clients, with the distribution to Telegram wallet bot users ending on May 25th. Notcoin (NOT) is scheduled to be listed on OKX's Jumpstart marketplace on May 16th, enabling trading and use for payments and transfers within Telegram contacts.

Notcoin Suspends Withdrawals to Exchanges Ahead of May 16 Listing

London, May 14, 2024: The Notcoin team has announced the temporary suspension of Notcoin (NOT) withdrawals to cryptocurrency exchanges, effective May 14, 2024.

According to a statement released on the Notcoin official Twitter account, the suspension measure will remain in place until the coin's official listing on May 16, 2024. This action is necessary to ensure a smooth and orderly listing process.

"Please make sure you have initiated the transfer to exchange if you want to start trading from the first minute," the Notcoin team advised users.

Background on Notcoin

Notcoin is a decentralized Web3 gaming project that operates as a mini-application within the Telegram messaging service. The project allows users to earn NOT tokens through simple gameplay and additional activities.

The Notcoin ecosystem has already distributed a significant portion of its token supply to community members and users of its Telegram wallet bot. This distribution campaign is scheduled to conclude on May 25, 2024.

Upcoming Listing and Exchange Support

On May 16, 2024, Notcoin will be officially listed on the OKX cryptocurrency exchange. This listing will enable users to trade NOT against Toncoin (TON), USDT, and Bitcoin (BTC). Additionally, NOT will be available for peer-to-peer (P2P) trading and can be used for payments within the Telegram ecosystem.

Last week, OKX launched a Jumpstart marketplace offering for NOT, allowing users to earn Notcoin by staking TON. This promotion will run until May 16, 2024.

The Notcoin team emphasized that the temporary suspension of withdrawals to exchanges is a precautionary measure to prevent market manipulation and ensure the success of the coin's listing.

Users who have not yet initiated a transfer to exchanges are encouraged to do so before May 14, 2024, to avoid delays in trading activities. The Notcoin team will provide further updates and announcements regarding the listing process and future developments.