The X Empire listing date was revealed as October 24, with the team hinting at potential exchanges; now, Bybit has been announced as one of those exchanges.
Fans of the wildly popular Telegram-based game X Empire have cause for celebration. X Empire (X) will be listed for spot trading on Bybit, a prominent cryptocurrency exchange. Spot trading for the X token will commence at noon UTC on October 24, 2024, per a recent announcement shared on Bybit’s official Telegram channel.
For clarity, X Empire is a game that allows players to earn X tokens as a reward for their in-game activities. The game is currently in the “Chill Phase,” as its developers call it. The opportunity to earn up to 5% of the total token supply, equivalent to 34.5 billion tokens, is available to participants during this phase.
As most recently reported, the Chill Phase will conclude at precisely 18:00 UTC on Thursday, October 17. Nevertheless, the X Empire team has also assured users that their eligibility for the initial token distribution of 70% will not be revoked if they fail to participate in this phase.
Bybit Discloses Critical Information for Traders
The exchange announced that deposits for X tokens will be available at 8:00 AM UTC on the same day as the listing. Due to the change, users are anticipated to have sufficient time to prepare for trading. Nevertheless, withdrawals would not be permitted until the day following the listing. In other words, withdrawals will be accessible beginning at 10:00 AM UTC on October 25.
Bybit also confirmed that the TON chain will be used to conduct all transactions, including the deposits and withdrawals of the X tokens.
Anticipation increases
Fans and observers of the token have expressed their curiosity regarding the forthcoming listing of X on Bybit, as anticipated. In other words, they anticipate its performance on the platform and all other significant platforms that list it with enthusiasm.
The token’s distinctive play-to-earn model has already garnered industry-wide attention. It is anticipated that its visibility and value will be enhanced by listing on major exchanges such as OKX and Bybit.
Additionally, analysts are optimistic that the token’s restricted supply will generate substantial demand. Investors are rushing to invest before the token’s price rises.
The X Empire team has previously suggested that there will be a significant increase in the number of exchange listings as time progresses. Nevertheless, these listings are anticipated to expand the X token’s market reach and liquidity by exposing it to a broader range of users. The long-term growth potential of the X token is on the right track, all other factors being equal.
