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Bybit Lists Notcoin for Pre-Market Trading

March 27, 2024 | by stockcoin.net

bybit-lists-notcoin-for-pre-market-trading

Bybit, a crypto exchange in the United Arab Emirates, has made an exciting announcement by listing the Telegram-based meme coin, Notcoin ($NOT), on its Pre-Market Trading platform. This platform, which caters to the trading of new tokens before their official listing, allows buyers and sellers to establish quotes and execute trades at preferred prices in advance. Bybit’s decision to list Notcoin offers its over 26 million users worldwide the opportunity to engage with $NOT tokens before their official introduction to spot trading. Notcoin has gained prominence within the Telegram ecosystem and has attracted a significant user base through its “tap-to-earn” gaming model, with over 32 million players and 5.4 million active daily users. Moreover, Notcoin has recently introduced an NFT voucher feature, allowing elite players to convert in-game currency into tradeable vouchers, further fueling speculation on the coin’s future value.

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Bybit Lists Notcoin for Pre-Market Trading

Bybit, a leading cryptocurrency exchange based in the United Arab Emirates, has made an announcement regarding the listing of Notcoin ($NOT) on its Pre-Market Trading platform. The listing took place at 10:00 am UTC on Monday, offering Bybit’s extensive user base the opportunity to engage with $NOT tokens before they are officially introduced to spot trading.

Pre-Market Trading platform

Pre-Market Trading refers to an over-the-counter (OTC) trading platform that is specifically designed for the trading of new tokens prior to their official listing. This platform serves as a facilitator for buyers and sellers, allowing them to establish quotes and execute trades. The main benefit of Pre-Market Trading is that it guarantees transactions at the preferred price in advance.

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Benefits for Bybit users

Bybit’s decision to list Notcoin on its Pre-Market Trading platform presents several benefits for its users. With over 26 million users worldwide, Bybit is a prominent player in the cryptocurrency market. By gaining access to $NOT tokens before their official introduction to spot trading, Bybit users have the opportunity to engage with a new and potentially valuable asset. This early access gives users a chance to participate in the growth and potential success of Notcoin.

Delivery schedule and risks

Bybit has emphasized the importance of staying updated on the delivery schedule of Notcoin. It is crucial for users to be aware of the timeline in order to ensure a seamless trading experience. Failure to adhere to the set timeline may result in potential risks, such as missed trading opportunities or delays in token availability. Bybit advises its users to closely follow the delivery schedule to avoid any potential risks.

Notcoin’s success in the Telegram ecosystem

Notcoin has gained significant traction within the Telegram ecosystem. The project’s unique “tap-to-earn” gaming model has attracted a substantial number of users interested in Web 3.0 and GamiFi protocols. Notcoin boasts an impressive user base, with over 32 million players and more than 5.4 million active daily users. Additionally, the project has garnered significant engagement on various social media platforms, accumulating 2.4 million followers on the X social platform since its launch in December of the previous year.

Number of players and active daily users

The success of Notcoin can be attributed to its widespread adoption and engagement. The project has attracted over 32 million players, with 5.4 million users actively participating on a daily basis. These numbers highlight the strong appeal and popularity of the Notcoin game within the Telegram ecosystem. The project’s tap-to-earn gaming model has proven to be an effective strategy in attracting and retaining users.

Social media engagement

Notcoin’s success extends beyond the Telegram ecosystem. The project has amassed a considerable following of 2.4 million followers on the X social platform. This social media engagement is a testament to the growing interest and enthusiasm surrounding Notcoin. A robust social media presence allows Notcoin to reach a wider audience and increase awareness of its platform and token.

Notcoin’s token supply and burning mechanism

Notcoin has issued a total supply of 67.9 trillion NOT coins. To manage the coin’s supply and ensure its scarcity, approximately 16 trillion tokens have been permanently burned. This burning mechanism effectively reduces the circulating supply of NOT coins and contributes to the long-term value of the token. The tokenomics of Notcoin are designed to create a sense of scarcity and increase its potential value in the market.

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Playing the Notcoin game

The Notcoin game offers a unique and interactive experience for users. Players engage with the game by tapping on their screens to earn tokens. In addition to tapping, players can also earn additional tokens through in-game boosts, task completion, and participating in the ongoing referral program. These incentives encourage active participation and reward users for their engagement. The game also serves as a platform for community growth, as new users are onboarded through various Telegram channels and groups.

Conversion of in-game currency into NFT vouchers

Notcoin recently introduced a feature that allows elite players to convert significant amounts of in-game currency into NFT (Non-Fungible Token) vouchers. These vouchers can be traded before the official release of the Notcoin tokens. Players have the option to trade either 10 million or 100 million in-game coins for a voucher. This innovative feature enables cryptocurrency enthusiasts to speculate on the future value of Notcoin before its highly anticipated token generation event. Currently, vouchers equivalent to 10 million in-game coins are being sold for approximately $25 in Toncoin (TON) on the GetGems marketplace.

In summary, Bybit’s listing of Notcoin on its Pre-Market Trading platform provides an exciting opportunity for its users to engage with a promising new token. Notcoin has already demonstrated its success within the Telegram ecosystem, attracting a substantial user base and generating significant social media engagement. The project’s unique tap-to-earn gaming model and burning mechanism for token supply management have contributed to its popularity. With the introduction of the conversion feature, players can now trade in-game currency for NFT vouchers, allowing them to speculate on the future value of Notcoin. Bybit’s decision to list Notcoin demonstrates its commitment to offering innovative trading options and expanding its user base.

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