Notcoin is the latest viral sensation to captivate crypto and GameFi communities in 2024. Its unique gaming mechanics and rewards system have attracted many users eager to participate in the Telegram-based digital economy. So, what should you know about this play-to-earn model, and where can you scoop up the native NOT token? Learn where to buy Notcoin and everything else you need to know in this comprehensive guide.
KEY TAKEAWAYS
• Notcoin is a Telegram-based play-to-earn (P2E) mini app with a simple tap-to-earn gameplay.
• Notcoin’s rapidly growing user base and market activity made it one of the top-performing crypto in 2024.
• Look for high liquidity, stringent security, low fees, regional availability, and good customer support while choosing an exchange to buy/trade NOT.
• Some of the top exchanges based on these key criteria are OKX, Binance, Bybit, Gate.io, and Biteget.
Where to buy Notcoin in 2024
OKX is a leading centralized crypto exchange and trading platform that offers a variety of financial services, including spot and derivatives trading, lending, and staking. Founded in 2017, it has grown to become one of the largest exchanges globally, providing users with access to a wide range of digital assets, including Notcoin. OKX also emphasizes security and innovation, and offers features such as a decentralized finance (DeFi) platform and a native token, OKB.
- Low trading fees
- Multiple trading products and features
- Proof of reserves and safety funds
- Not available in U.S.
2. Binance
Binance is a global crypto exchange platform that allows users to trade a wide range of digital currencies. Founded in 2017 by Changpeng Zhao, it has become one of the largest and most popular exchanges in the world. Binance offers various services including spot trading, futures trading, staking, and decentralized finance (DeFi) options, along with a native cryptocurrency called Binance Coin (BNB). The CEX offers industry leading liquidity for many smaller altcoins, including NOT.
- Wide array of products and services
- Deep liquidity
- Earn, staking, and mining
- Advanced trading features
- Unavailable in many locations
Bybit is a crypto derivatives exchange that focuses on offering leverage trading options, particularly for Bitcoin and other major cryptocurrencies. Founded in 2018, it has quickly gained popularity for its user-friendly platform, high liquidity, and advanced trading tools. Bybit also provides features like perpetual contracts and futures trading, catering to both professional traders and beginners.
- Peer-to-peer (P2P) and OTC trading
- Spot, derivatives, and demo trading
- AI and trading bots
- Crypto cards
- More suitable for advanced traders
Gate.io is a comprehensive crypto exchange that offers a wide array of services, including spot and margin trading, futures contracts, and staking. Established in 2013, it is one of the oldest exchanges in the industry and supports a vast selection of digital assets, including Notcoin. Gate.io emphasizes security and user experience, providing features such as a mobile app, various trading tools, and robust safety measures.
- Gate Card and multiple payment methods
- Spot, futures, and options
- NFT marketplace
- Copy and trading bots
- Unavailable in many locations
5. Bitget
Bitget is a crypto exchange platform that offers spot trading, futures trading, and copy trading services. It aims to provide a secure, efficient, and user-friendly environment for trading digital assets. Bitget also boasts a number of social trading features, allowing users to follow and replicate the strategies of successful traders.
- Copy trading and trading bots
- Spot and futures trading
- Staking and earn services
- Limited features compared to competitors
The listed exchanges were evaluated for their fees, liquidity, security, regional availability, and customer support. The platforms highlighted above demonstrate exceptional performance across these criteria, and were chosen particularly for their deep liquidity, global reach, and strong security. These factors make them some of the best options for buying and trading Notcoin in 2024.
Top Notcoin exchanges compared
Exchange | Strengths | Trading options | Payment methods | Security features | Fees |
OKX | Derivative trading desk, security, non-custodial wallet | Derivatives, spot, margin | Bank transfer, crypto, credit/debit card | Two-factor authentication, cold storage, non-custodial wallet | 0.08% (maker) | 0.1% (taker) |
Binance | Deep liquidity, advanced trading options, low fees | Spot, margin, futures | Bank transfer, credit/debit card, P2P | Two-factor authentication, cold storage, SAFU fund | 0.1% |
Bybit | Global reach, crypto debit card, sophisticated trading tools | Spot, derivatives | Crypto deposits, bank transfer | Two-factor authentication, cold storage | 0.1% |
Gate.io | Multiple payment options, wealth management, crypto loans | Spot, margin, futures | Bank transfer, credit/debit card, crypto | Two-factor authentication, cold storage | 0.1% |
Bitget | P2P trading desk, quick buy option, debit/credit card support | Spot, margin, futures | Credit/debit card, P2P, crypto | Two-factor authentication, cold storage | 0.1% |
What is Notcoin (NOT)?
Notcoin is a Telegram-based play-to-earn (P2E) mini app. Users of this app can “mine” Notcoins, the in-game currency, by simply clicking on the screen. Known as tap-to-earn, players mine Notcoins by tapping a digital coin. The game simplifies the mechanics of similar click-based games, focusing solely on the clicking action.
Notcoin (NOT) was first introduced as a closed beta on Telegram in November 2023. The asset was presented initially as a meme coin with no clear use case, solely intended for viral engagement. Notably, during this period, Notcoin was not a real crypto. On Jan. 1, 2024, the official version was released.
The game was developed by Open Builders. Not much is known about the development team. However, Sasha Plovtinov (Notcoin co-founder) and Valery Bukharkov (CBDO at Open Builders and Notcoin) are publicly known contributors.
Notcoin achieved a great deal of success in its first month of existence. The ecosystem eclipsed already established P2E games like Axie Infinity in a matter of weeks. It amassed nearly 6.3 million players just 10 days after launch and by June 9, 2024, that number had grown to 40 million.
On May 16, 2024, Notcoin launched the Notcoin (NOT) airdrop on The Open Network (TON), distributing over 80 billion NOT tokens to participants and simultaneously launching trading on popular cryptocurrency exchanges like Binance, KuCoin, and Bitfinex.
Did you know? The Open Network (TON) is a blockchain developed by Telegram. It is the official web3 infrastructure of the app. Notably, Telegram had to abandon the project before it could fully launch. As a result, an independent group of developers and enthusiasts took over.
How does Notcoin work?
As stated previously, Notcoin is a clicker game that can be played within the Telegram app. Players earn in-game currency by tapping on a gold coin. All things considered, the gameplay is very straightforward. The simple game tokenizes the most basic aspects of human behavior to create a lighthearted and fun experience.
Sasha Plovtinov, Notcoin co-creator: TON HackerHouse
The energy required to tap the coin depletes and refills over time, ensuring that players take breaks. By inviting friends, players can enhance their experience and potentially increase their earnings. The game includes a global leaderboard.
Players can use various boosts or power-ups to increase their earning potential. These boosts include daily refreshable options and permanent boosts that can be bought with Notcoin. Boosts allow players to earn more coins per tap and extend their energy capacity.
NOT earnings also depend on the player’s in-game levels, with higher levels providing access to larger reward pools. Users can raise their level by staking Notcoin, and their ranking is determined by the amount they have staked at the end of each month. These levels are:
- Bronze
- Silver
- Gold
- Platinum
An Auto-Tap bot is also available to collect coins on behalf of the player when they are not actively playing. Players can spend their earned Notcoin on cosmetic upgrades to personalize the game’s appearance.
Why is Notcoin (NOT) popular in 2024?
Notcoin has achieved an impressive amount of accolades in a relatively short period of time. Since its airdrop and simultaneous centralized exchange (CEX) listings, it experienced a significant uptick in performance, amounting to a 222% price increase in less than a month.
Notcoin’s growth was achieved without traditional advertising, although it is unknown if the team allocated any funds toward marketing.
At least some of Notcoin’s success is attributed to removing onboarding requirements, allowing users to play without initial investment, and incentivizing referrals, effectively minimizing barriers to entry from the start. These factors have likely contributed to the game’s popularity.
Users could also stake their BNB and FDUSD for three days to earn more Notcoins following the token’s Binance listing. Before the token generation event, pre-market trading of Notcoin began in March using an NFT voucher system, with 1,000 Notcoin vouchers convertible to 1 NOT.
Stay safe when purchasing Notcoin
Notcoin has taken the crypto sector by storm. The Telegram mini app has amassed millions of users in a short space of time and seen a demonstrable uptick in price performance in 2024 — making both early and prospective investors bullish on Notcoin’s price potential. Users looking for the top platforms to buy Notcoin can consider a number of leading exchanges, including Binance, Bybit, OKX, Gate.io, and Bitget.
It should go without saying that personal finance is personal. When deciding whether to buy NOT, consider your own circumstances and risk tolerance. Furthermore, Telegram can be a breeding ground for phishing scams and fake projects. Always make sure to check official sources before making any decisions, clicking links or parting with your cash.
Frequently asked questions
Notcoin is a Telegram mini app. It is a simple clicker game that allows you to earn cryptocurrency by tapping a coin on screen. The Notcoin (NOT) token is the native cryptocurrency of the app.
Notcoin has simple game mechanics that allow users to click and earn crypto. It is free to play and does not require users to give any personal information. The official project is not a scam. However, given the precarious nature of cryptocurrency, users should still exercise caution and beware of phishing scams and imitation projects.
The game mechanics of Notcoin are extremely straightforward. Users click a coin on the screen to earn Notcoin. You can also stake and refer friends to earn more Notcoin.
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