A Comprehensive Guide to Mining Notcoin on OKX

The opportunity to mine Notcoin (NOT) on OKX Jumpstart is here, and we’ve got all the details you need to embark on this exciting journey into the world of crypto mining.

What is Notcoin?

Notcoin is a community-driven token within the Ton ecosystem, boasting widespread distribution through a viral game on Telegram with over 35 million players. With a focus on building an ecosystem around NOT, including a game platform and web3 project exploration tools, Notcoin presents an intriguing prospect for miners and investors alike.

Getting Started: Staking Rules and Participation Conditions

To begin your mining adventure, you’ll need to stake TON (The Open Network) to earn NOT tokens in return. Here are some key rules and conditions to keep in mind:

• Staking Period: The mining period runs from 6:00 am UTC on May 13, 2024, to 6:00 am UTC on May 16, 2024.
• Staking Amount: There’s no minimum staking requirement, but the maximum staking per person is set at 4,000 TON.
• Participation Eligibility: Unfortunately, residents of Mainland China, Hong Kong, and Korea are ineligible to participate in this campaign. Additionally, completing identity verification is a prerequisite for joining the mining process.

Calculating Staking Rewards

Understanding how your rewards are calculated is crucial for maximizing your mining efforts. Here’s a simplified breakdown:

• Staking rewards are calculated in real-time and can be withdrawn at any time.
• Your per-minute rewards are determined by the amount of TON you’ve staked relative to the total staked amount, multiplied by the number of tokens released per minute.

How to Stake and Unstake

Ready to dive in? Follow these steps to start staking your TON:

1. Transfer your TON to your funding account on the OKX platform.
2. Navigate to the OKX official app and locate the Jumpstart section under the Grow tab.
3. Once the mining starts, click on “Stake,” enter your desired amount of TON, and confirm.

Should you need to unstake your tokens, the process is just as straightforward:

• Click on “Unstake” to release your TON at any time, with the tokens automatically returned to your funding account.

Additional Considerations and Terms

Before you embark on your mining journey, it’s essential to familiarize yourself with the following:

• Excluded Jurisdictions: Certain countries and regions are ineligible for participation, as outlined in OKX’s terms and conditions.
• Terms of Service: Familiarize yourself with OKX’s terms of service, privacy policy, and risk disclosure pertaining to the sale and purchase of NOT tokens.

Conclusion

With the launch of Notcoin on OKX Jumpstart, miners have a unique opportunity to delve into the world of crypto mining and potentially reap rewarding returns. By following the steps outlined in this guide and adhering to OKX’s terms and conditions, you can embark on your mining journey with confidence and enthusiasm. Happy mining!

[Disclaimer: This article does not constitute investment advice. Readers are encouraged to conduct their own research and consult with financial professionals before engaging in cryptocurrency mining or investment activities.]