Notcoin Halts Token Transfers to Exchanges Until May 16

The Notcoin developers declared that users could not send their tokens to cryptocurrency exchanges as of May 14.

 According to a post on X, the Notcoin (NOT) withdrawal option will reopen on May 16 following the coin's listing. 

Notcoin is a web3 gaming project launched on Jan. 1 within the The Open Network (TON) ecosystem. Users can receive coins using this mini-application that operates inside the Telegram messenger with just a single swipe on the phone screen. 

One can raise earnings by engaging in several extra activities. Prior to this, the Notcoin project team declared that community members and customers of cryptocurrency exchanges would receive 5% of the token's total supply.

A billion NOT was allotted for Telegram wallet bot users, and the promotion will expire on May 25. The group added that starting on May 16, NOT will be accessible to everyone.

Users have two options: they can swap the cryptocurrency for Bitcoin (BTC), USDT, or Toncoin (TON) or sell it on the P2P market. Furthermore, NOT can be used for payments and sent to the Telegram connections.

The Notcoin team declared NOT's listing last week. The OKX cryptocurrency exchange added NOT to the launchpad of the Jumpstart marketplace. Staking TON will allow traders to earn Notcoin from May 13 to May 16.