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Bybit adds support for X Empire’s $X token for trading, expanding the number of digital assets available for users.
Key Notes
The token is scheduled to go live on the TON blockchain at 12 PM UTC today, October 24.X will begin trading immediately after launch on Bybit’s spot market as well as other exchanges such as OKX, and KuCoin.Cryptocurrency exchange Bybit has joined the growing list of companies supporting the trading of X, the digital asset associated with X Empire, a play-to-earn (P2E) game on Telegram.
According to a recent announcement, the exchange will list the token on its spot market later today, October 24, at approximately 12:00 PM UTC. Bybit began accepting X deposits on October 18 in preparation for the token’s official debut, although withdrawals will be delayed until October 25.
Trading on TON Blockchain
Once the digital asset goes live on The Open Network (TON) blockchain later today, users will be able to trade it on Bybit and other exchanges such as OKX, Bitget, KuCoin, MEXC Global, BingX, and even Telegram-based Wallet.
However, depending on the user’s location, X Empire developers plan to launch the token in phases. For instance, users in San Francisco, United States, are scheduled to access the digital asset at around 6:00 PM local time, while those in New York will have access around 8:00 PM.
The game, which began as a Telegram Mini App, is now entering another phase with today’s upcoming token launch. Like other P2E games, X Empire has allocated around 80 billion X to reward its players for contributing to the project’s growth.
Recently, the project partnered with Hrum, another P2E game, to offer exclusive rewards to token holders.
Bybit Launches Promotional Events for X Empire Fans
To celebrate the digital asset’s launch, Bybit has announced two promotional events for X Empire. One event is exclusively for new users, while the other is for traders.
“To celebrate, we’ve prepared two special events with a total prize pool of 920,000,000 X just for you,” Bybit stated.
The promotion offers X Empire fans a chance to win from a 520,000,000 X prize pool by depositing $100 worth of USDT USDT $1.00 24h volatility: 0.1% Market cap: $120.17 B Vol. 24h: $41.71 B or accumulating 300,000 X. Traders can also share in a 400,000,000 X prize pool by trading up to $10,000 in USDT on Bybit’s spot market.
Meanwhile, the game which entered the crypto industry following the launches of Notcoin NOT $0.0075 24h volatility: 3.1% Market cap: $769.17 M Vol. 24h: $118.99 M and Hamster Kombat HMSTR $0.0033 24h volatility: 9.5% Market cap: $214.73 M Vol. 24h: $67.62 M officially concluded its gameplay phase last week. The project is now planning to transition into an AI-powered platform after the token launch as part of its future moves.
X Empire is also planning to secure more partnerships and innovate the platform to increase the token’s utilities and attractiveness to investors. The Telegram-based game allows users to create personalized non-fungible token (NFT) avatars from their photos, combining artificial intelligence, blockchain, and user-generated content to offer a streamlined entry into the Web3 space.
Disclaimer: Coinspeaker is committed to providing unbiased and transparent reporting. This article aims to deliver accurate and timely information but should not be taken as financial or investment advice. Since market conditions can change rapidly, we encourage you to verify information on your own and consult with a professional before making any decisions based on this content.
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Chimamanda is a crypto enthusiast and experienced writer focusing on the dynamic world of cryptocurrencies. She joined the industry in 2019 and has since developed an interest in the emerging economy. She combines her passion for blockchain technology with her love for travel and food, bringing a fresh and engaging perspective to her work.
