Bybit Announces Listing of $X Tokens for Spot Trading

Bybit, a prominent cryptocurrency exchange, has announced that it will list $X tokens for spot trading on October 24, 2024, offering a new opportunity for traders and investors in the digital currency market. The announcement has sparked considerable interest among those connected to the X Empire crypto project, which is part of the TON blockchain initiatives on the messaging platform Telegram.

Bybit made this announcement via its official Telegram channel. “Bybit Spot Will List @xempiregame ($X) Soon. $X deposits/withdrawals will be available via the TON chain. Timeline: Deposits: Oct 18, 2024, 8 AM UTC, Listing: Oct 24, 2024, 12 PM UTC, Withdrawals: Oct 25, 2024, 10 AM UTC,” the exchange detailed in its message.

The X Empire crypto project is currently in what is described as the “Chill Phase,” which allows participants to earn up to 5% of the total token supply, valued at 34.5 billion tokens. This phase is scheduled to conclude on October 17, 2024, at 18:00 UTC. The project team has reassured its community members that missing participation in this phase will not affect their eligibility for the initial allocation of 70% of the tokens.

The decision to allow early deposits starting October 18 is intended to provide users ample time to prepare for trading, with withdrawals disabled for the first 24 hours post-listing to stabilize the launch process. All transactions, including deposits and withdrawals, will leverage the TON blockchain.

The anticipation surrounding the spot trading of $X illustrates the community’s optimism regarding its performance on Bybit as well as other trading platforms. The project has gained notoriety in the industry, partly due to its inspiration from Elon Musk, one of the leading figures in the world of technology and wealth. X Empire’s success mimics other “tap-to-earn” games on Telegram, benefiting from its extensive user base.