Binance to Launch Trading Support for NOT Token Connected to Viral Telegram Game
Binance, one of the top global crypto exchanges, is set to launch trading support for a new altcoin that is connected to a viral game on the encrypted messaging platform Telegram. The altcoin, known as NOT, is the community token for the popular Telegram-based tap-to-earn mining game Notcoin.
Users on Binance will have the opportunity to stake their BNB and FDUSD coins in separate pools between May 13th and 16th to farm NOT tokens. The exchange plans to list the asset on May 16th, with a seed tag attached to it. This seed tag indicates that NOT may exhibit higher volatility compared to other listed tokens, and users who own assets with seed tags will be required to pass quizzes every 90 days to ensure they are aware of the risks.
In addition to Binance, other major crypto exchanges such as Bitfinex, OKX, and Bybit have also announced support for NOT. The token is issued on the TON blockchain, which was initially developed by Telegram. Despite Telegram’s legal battle with the U.S. SEC in 2020, the Open Network community of developers took over management of the technology that year.
With the ability for TON to be sent by Telegram’s 700 million users within the platform without the need for long wallet addresses, the launch of NOT on Binance is expected to attract significant interest from the crypto community. Stay tuned for more updates on this exciting development in the world of cryptocurrency trading.
