Simple coinPrice

(SIMPLE)

The project has scheduled its major exchange listing for March 2025 (Q1 2025). Top-tier global exchanges, including LBank, are expected to support the token listing. This transition from the Telegram-based mining phase to an official exchange presence will allow users to move their earned rewards into the broader crypto market once the mainnet goes live.

The final token distribution is determined by a proprietary algorithm that evaluates several performance factors. These include the total amount of coins mined through tapping and farming, the total number of successful referrals a user has invited, their overall daily activity level, and the completion of various in-game tasks. Furthermore, since the project is tied to a regulated entity, maintaining a verified KYC status in the connected app is essential for eligibility.

To withdraw your tokens, you must install the Simple App, which acts as the project’s official non-custodial wallet. It is vital to register with the same email address used for the Telegram bot. While initial transfers are managed within the Simple App for verification and gasless transactions, $SMPL is expected to be compatible with other major Web3 wallets, such as the LBank Wallet, once the token launches on a prominent blockchain like TON or BNB Chain.

In the early stages, the project restricted withdrawals to 10% of a user's balance every 24 hours and required at least 20 referrals. Recent updates suggest these limitations are being removed as the project nears its 2025 mainnet launch. However, because the project is linked to a regulated EU exchange, KYC (Know Your Customer) verification remains a mandatory requirement for all users who want to withdraw and trade their airdropped tokens.

Simple Coin features an 8-hour farming cycle, requiring users to trigger a farming session and return every eight hours to claim accumulated rewards. Beyond farming, users can increase their earnings through manual tapping and the Wheel of Fortune feature, which grants extra tokens and increases tap limits. Additionally, the project releases daily Gift Codes through its official social media channels, which provide significant boosts to a user's total coin balance.

Simple Coin is a legitimate Web3 project backed by Simple Coin s.r.o., a Czech-based cryptocurrency exchange service that has been operational since 2013. This established corporate background provides a level of transparency and utility often missing in other tap-to-earn projects. Due to its status as a regulated entity in the EU, the project requires all participants to complete KYC verification before they can withdraw or trade their tokens on exchanges such as LBank.