Home Cryptocurrency How to Buy Notcoin – 2024 Buying Guide

How to Buy Notcoin – 2024 Buying Guide

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Notcoin is one of the biggest viral community-building games, having onboarded millions of users to Web3 in 2024. The project disrupted the GameFi sector, launching an addictive Telegram game that implemented a tap-to-earn mining mechanic.

As social apps like Telegram integrate further with Web3, Notcoin is a clear example of the potential for global reach. In this guide, we will review some key features of $NOT and provide an illustrated step-by-step guide on how to buy Notcoin.

How to Invest in Notcoin: Step-by-step guide

Below is our simple., five-step guide on how to buy Notcoin ($NOT) using reliable and vetted crypto exchanges. Our experts selected crypto exchanges with adequate financial reserves that provide steady crypto trading services to hundreds of countries worldwide. Check your local jurisdictions to ensure crypto exchanges are compliant in your region.

Due to the token’s decentralized nature, it’s a good practice to do your own research and assess your risk appetite before investing in cryptocurrencies.

Step 1: Visit MEXC and create a new account

Our experts used MEXC, a cryptocurrency exchange founded in 2018 that provides access to over 2,200 cryptos across over 2,700 digital asset markets. The platform is notable for its low fees and access to various crypto derivative markets, including futures, leveraged, and marginalized trading features.

Low fees on MEXC: MEXC is popular among the crypto community because of its competitive trading fees. Spot market fee: 0% Maker, 0.1% Taker | Futures markets: 0% Maker, 0.01% Taker

For the purpose of this step-by-step guide, we have used MEXC on a mobile device via the website. Visit MEXC and enter the email address that will be the primary address linked to your account.

You also have the option to sign up via mobile number or sign in using Web3 dApps such as MetaMask or Telegram.

Create an account on MEXC crypto exchange
Source: MEXC

Step 2: Set a secure password and verify your account

Next, you will be asked to complete a puzzle captcha to check that you are not a bot. Then, you will be asked to set a secure password. Using a mixture of alphanumeric and special characters is recommended for optimum password strength.

Once you set the password, MEXC will send a verification code to your email, which will be valid for just 15 minutes. Enter the six digits as requested.

An Anti-Phishing Inspection window will then pop up to confirm that you are connected to the official MEXC crypto exchange website.

Anti phishing verification on secure crypto exchange MEXC
Source: MEXC

Check that you are on the correct domain and click confirm. Your new MEXC account will be activated.

Step 3: Provide KYC to use fiat and enable withdrawals

At the next step, you will be requested to provide ‘know your customer’ (KYC) data to use fiat services and increase withdrawal limits. Alternatively, you can deposit your existing crypto and trade on the platform without KYC.

There are two options to choose from if you wish to:

  1. Primary KYC: Provide personal information | 80 BTC 24-hour withdrawal limit
  2. Advanced KYC: Provide personal information + Facial Recognition | 200 BTC 24-hour withdrawal limit
Provide KYC data to buy crypto on MEXC
Source: MEXC

Step 4: Link a bank account and buy $USDT with fiat

Expert Tip: MEXC only provides the $NOT/$USDT trading pair. You will need to buy $USDT first and then make a crypto trading swap in order to buy Notcoin.

Navigate to the ‘Buy Crypto’ tab on the MEXC main page. You will have several options to buy crypto, including via debit card, bank transfer, express buy, or peer-to-peer (P2P). You can also opt to buy various cryptocurrencies via third parties that provide fiat on-ramp services, such as Banxa, Mercuryo, and MoonPay.

For the purpose of the demonstration, we have opted for the debit/credit card option. You will be requested to link a bank account with your MEXC trading account.

Link bank account to buy cryptocurrency on MEXC
Source: MEXC

Once your bank account is successfully linked, you can proceed to purchase $USDT with whichever fiat pair you would like to pay with. The $USDT will appear in your account balances section once processed.

Step 5: Swap $USDT for Notcoin

Now, in order to buy $NOT, you must swap your $USDT in the spot trading markets. Find “Spot” at the top menu, click it, and the crypto trading platform will load. In the token search window, type Notcoin and click on the spot pair $NOT/$USDT.

How to buy Notcoin on MEXC
Source: MEXC

Click ‘Buy,” and an exchange window will pop up. Enter the amount of Notcoin that you wish to purchase with your $USDT.

Once you have entered the details and are satisfied with the price and token swap, click “Buy NOT”.

Trade crypto on MEXC to buy Notcoin
Source: MEXC

Your purchase will be fulfilled, and once completed, Notcoin tokens will appear in your wallet balances section on MEXC.

Other ways to invest in Notcoin

Want to find out other ways how to buy Notcoin? Here’s a table listing other methods that we found, including centralized, decentralized, and direct in-wallet options.

Binance – Crypto exchange with the most Notcoin trading pairs You can buy $NOT on Binance, ranked the number-one crypto exchange worldwide by daily trading volumes. Binance offers the most market trading pairs with Notcoin, including BNB, FDUSD, TRY, USDC, and USDT.
OKX – Official Cryptocurrency Exchange Partner of Manchester City FCOKX is a digital asset exchange that provides a range of web3 products and cryptocurrency services such as staking, lending, and the OKX Wallet. You can trade $NOT on OKX; the only trading pair is $NOT/$USDT. Therefore, you must on-ramp with fiat or deposit $USDT, then swap for $NOT.
ByBit – Access spot markets, futures, and crypto derivativesYou can buy Notcoin on ByBit with 67 different fiat currencies. ByBit charges zero fees when purchasing crypto via bank card, Apple Pay, or Google Pay. However, it is recommended to check ByBit’s supported jurisdictions when buying crypto with debit card payments.
DEX – Using a TON network-compatible crypto walletYou can buy Notcoin on decentralized exchanges (DEX) such as STON.fi and DeDust. Using a DEX, you can buy crypto without registering on an exchange. To buy $NOT on DEX, you must create a TON-compatible crypto wallet.
Crypto Wallet – Buy crypto in Telegram Wallet dAppYou can buy $NOT on the Wallet dApp on Telegram. Visit @Wallet on Telegram and create a TON Wallet. You can purchase Notcoin using a bank card or on the P2P Market.

Trading on OKX? Check out our coverage of some of the new and upcoming cryptos listings on OKX.

What is Notcoin?

Notcoin is this year’s viral sensation in the Web3 space. The platform is linked to Pavel Durov, the founder of Telegram, and launched a social experiment to see how quickly users can access Web3 via the Telegram application.

Notcoin kicked off 2024 in beta phase, and within months, millions of crypto enthusiasts and curious newcomers launched the Telegram mini-app and started mining $NOT. This experimental crypto project proves the power of decentralization and its underlying blockchain technology.

Notcoin key facts and figures

  • The total token supply of $NOT is 102,701,033,769 all of which is in public circulation.
  • Notcoin was launched as a social experiment to onboard new users to web3 via Telegram.
  • In just three months, 35 million people started tapping to earn $NOT on the Telegram mini-app.
  • Notcoin is one of the fastest community-building initiatives, with over 53,000 Telegram community squads.
  • Notcoin’s Telegram channel boasts over 7.8 million subscribers, with the Notcoin Fam chatgroup at nearly 400K.
  • Since its official token launch on 16 May 2024, $NOT has ranked among the top 50 market cap cryptos (currently 53).

Notcoin roadmap and milestone achievements

Stage
1
Beta phase: Notcoin entered beta phase on 31st December 2023. There was little known about the project, except that it was created by the founder of Telegram, Pavel Durov and his team.
Stage 2 Telegram mini-app: The Notcoin mini-app launched on Telegram. In the early stages, opening the app showed a simple button that users needed to rapidly and continuously tap until the $NOT mining limit was exhausted. Once the charge was refilled, tapping could resume.
Stage 3New features: Commands were introduced on the Telegram mini-app. Users could now send $NOT to other players via Telegram, create squads, view top players, teams, and more. Perks were also introduced to improve mining capacity and token limits.
Stage 4To the future: Since launching, Notcoin has not released a whitepaper or an official roadmap. The official Twitter bio simply states, “Phase 3”. Notcoin announced that it would gift 40 million $NOT to the first 5,867 purchasers of Notcoin pre-market vouchers.

What is the price prediction for Notcoin in 2024?

Since its launch on 16 May 2024, Notcoin has been immediately listed on Binance. The price at its initial launch was $0.01, and our analysts highlighted that many Notcoin game players took this opportunity to offload some tokens they obtained as rewards.

Notcoin took a downward trajectory to the $0.005 level, hitting its all-time low of $0.004605 on 24 May 2024.

Notcoin price chart on CoinMarketCap
Source: CoinMarketCap

Notcoin price correcting to reach new heights?

Our research found one crypto analyst on the CoinMarketCap community page, Laucrypto, followed by over 10,000 members. This crypto analyst frequently publishes crypto market insights for the CoinMarketCap community blog page. Our analysts agree with this user’s general outlook on Notcoin’s potential price action.

However, it is recommended that you always do your own research on cryptocurrencies.

Crypto analyst from CoinMarketCap community forecast on Notcoin
Source: CoinMarketCap

This crypto analyst forecasts that $NOT is experiencing a retrace after skyrocketing in price by over 500% from its all-time low. However, Laucrypto highlights that Notcoin is retracing with decreasing volume, meaning there are fewer sellers and more holders.

According to the chart, the current level of $0.017 is crucial to watch. Notcoin could see a downward trajectory to the $0.012 price level if it doesn’t hold.

Notcoin chart analysis by Laucrypto
Source: CoinMarketCap

The analyst also highlighted that Notcoin price action relies slightly on Bitcoin’s price stability. Since the first post, the charted scenario has played out, and $NOT could either break support to the downside or hold support levels and make its way upwards.

Can the Notcoin price go higher?

Which way will Notcoin price go?
Source: CoinMarketCap

Looking at Laucrypto’s price chart analysis, if Bitcoin’s price finds stability, then $NOT could well be set for another price rally. The hypothesized price charting shows that if Notcoin holds current levels of $0.017 with strength, it could then successfully bounce its way upwards.

The charted technical analysis shows that Notcoin’s price would skyrocket, reaching new all-time highs of upwards of $0.034. This would represent a 200% increase from current price levels.

VW Spotlight: Check out articles in our catalog of step-by-step guides for presales, including PlayDoge, Base Dawgz, and Mega Dice Token, among other top cryptos to buy in 2024. By providing buying guides, we aim to assist users in better understanding how to navigate the Web3 world and the necessary tools.

Notcoin FAQs

Is Notcoin a good investment?

Cryptos are a high-risk asset class; we can never advise buying a token. However, based on market research and analyst forecasts, the $NOT price could be poised for an upward trajectory.

What blockchain is Notcoin on?

The Open Network (TON) is the native blockchain that Notcoin is launched on. In order to hold $NOT in a self-custody wallet, you will need to use one that is compatible with the TON blockchain, such as Tonkeeper or TON Wallet.

How can I earn with Notcoin?

You can stake $NOT on the Notcoin mini-app via the Telegram Wallet. You can also farm Notcoin by staking BNB and FDUSD into the staking pool on Binance.

Is Notcoin safe?

Notcoin is a decentralized cryptocurrency, and due to the decentralized nature of Web3, it is vital to implement correct security measures to protect your assets. This includes never sharing your passwords or seed phrases with anybody and never storing them on any device that connects to the Internet.

References

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At ValueWalk, we’re committed to providing accurate, research-backed information. Our editors go above and beyond to ensure our content is trustworthy and transparent.

Dimal Nathwani
Writer

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