OKX Lists Ice Network Token

ICE has been listed on the popular OKX cryptocurrency exchange, with deposits and spot trading set to kick off on January 19, 2024, at 10:00 AM UTC.  

The exclusive listing of the Ice Network native token happened on Monday, evoking immense excitement among miners of the crypto asset. Marking a huge landmark for the crypto mining project, the development is expected to push the coin toward greater recognition, increased liquidity and mainstream adoption. 

Per the announcement, the first distribution of mined coins to users’ addresses is scheduled to start on Wednesday, January 17, 2024. However, users must meet certain conditions to be eligible for the token distribution. 

Eligibility Criteria for Token Distribution

First, users must maintain a minimum balance of 1,000 ICE in their mining account. Second, Step 1 and Step 2 Know-Your-Customer (KYC) verification must be completed. Third, users should ensure to submit a correct BNB Smart Chain address on their mining account. Fourth, users must have an active mining session. 

In addition, pre-staked Ice coins will not be considered in the distribution. Likewise, ICE earned from referrals who do not meet the eligibility criteria will not be distributed. 

According to the team, “BNB Smart Chain distribution will take place on a monthly basis until the mainnet launch, ensuring consistent rewards for our loyal community.” To enable seamless transactions and avoid paying unnecessary gas fees, the team strongly recommended users link their BNB Smart Chain addresses from the OKX Exchange to their Ice accounts. Nonetheless, BNB Smart Chain addresses from other crypto wallets are still valid. 

What is Ice Network and How To Start Mining ICE?

Launched in July 2023, the Ice Open Network (ION) emerged as a groundbreaking blockchain project which aimed to tackle the issues of centralization, data privacy and ownership in the contemporary digital landscape. 

Built on The Open Network (TON) blockchain, ION introduced a decentralized services ecosystem, fostering and incentivizing engagement and the creation of genuine content. 

Interestingly, the rising tap-to-mine project introduced a new digital currency which can be mined (or earned for free) from any mobile device. Below is a step-by-step guide to joining over 3.5 million users in mining ICE: 

  • Download the Ice Network app.
  • Launch the app and create your account
  • Confirm you’re human by completing the standard KYC procedures
  • Tap the mine button to begin earning ICE. Each mining session lasts for 24 hours. Therefore, log in after every 24 hours to extend mining. 
  • You can pre-stake your rewards for up to 5 years to boost your earnings by up to 250%. 
  • Link your BNB Smart Chain address to your account to receive mined coins. 

About Author

1 thought on “ICE Trading Kickstarts January 19 on OKX Exchange — How To Start Mining ICE

Comments are closed.

Verified by MonsterInsights