Hamster Kombatβs token will be listed on OKXβs new pre-market futures platform.
The Hamster Kombat (HMSTR) hype continues as OKX introduces its pre-market futures platform, marking the debut of the HMSTR token on the platform. This product allows customers to trade futures contracts for upcoming tokens prior to a Token Generation Event, public sale, or Initial Coin/Exchange Offering.
Hamster Kombat, a popular game on Telegram, will introduce its HMSTR token on this new platform. The HMSTR tokenβs early entry into the market allows traders to take advantage of the initial market interest. This move supports OKXβs aim to offer a more advanced trading experience compared to traditional peer-to-peer models.
Pre-market Futures
OKXβs Pre-Market Futures product offers up to 2x leverage and is designed to enhance liquidity and reduce fees. The platform allows customers to trade without needing to own the actual asset. The goal is to deliver better liquidity and reduced fees compared to current P2P pre-market options.
βOur unique approach to assisting in the price discovery process for early-stage tokens is backed by our robust risk engine and extensive experience. By opening up new avenues to participate in crypto, we aim to make trading more accessible, efficient, and appealing.β
Lennix Lai, OKXβs Global Chief Commercial Officer
While the platform offers numerous advantages, OKX emphasizes the risks involved, including lower liquidity and higher price volatility. The exchange retains discretion over listing adjustments and contract terms.
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