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Latest cryptocurrency news > ALTCOIN > HMSTR Token Launches on Major Exchanges
ALTCOINCryptocurrency

HMSTR Token Launches on Major Exchanges

BH NEWS
Last updated: 11 September 2024 19:41
BH NEWS 1 year ago
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HMSTR, the native cryptocurrency for the tap-to-earn game Hamster Kombat, is set to debut on The Open Network (TON) blockchain on September 26. The token will be available on prominent cryptocurrency exchanges BitGet, Bybit, and OKX. The game developers announced the BitGet listing on September 11, aiming to facilitate smooth trading activities for the digital asset.

Contents
BitGet Adds Support for HMSTR TradingBinance May List Hamster Kombat’s HMSTR TokenKey Takeaways

BitGet Adds Support for HMSTR Trading

Following the token’s distribution on the TON blockchain, users can trade HMSTR alongside other cryptocurrencies on various platforms starting September 26. Bybit and OKX have confirmed the token’s listing on their spot markets, although BitGet has yet to clarify whether it will be available in the spot or futures market.

These exchanges are renowned for their comprehensive trading features and large user bases. Listing HMSTR on these platforms will boost the token’s visibility and trading activities, thereby enhancing its market recognition and trading volume.

Binance May List Hamster Kombat’s HMSTR Token

Hamster Kombat developers have also secured listings on other exchanges like Gate.io and KuCoin, which will support HMSTR trading during the launch. This provides users with multiple avenues to trade the token. Furthermore, it was reported last month that HMSTR might also be listed on Binance, the largest cryptocurrency exchange globally, potentially reaching over 200 million users.

In July, Hamster Kombat released a white paper outlining plans for an airdrop of approximately 60% of the token’s maximum supply to users, based on their contributions to the platform. The remaining 40% will be allocated for development, market liquidity, player rewards, and other initiatives.

Key Takeaways

From the article, several key conclusions can be drawn:

  • HMSTR token will be launched on September 26 on the TON blockchain.
  • The token will be listed on BitGet, Bybit, and OKX, with potential for future Binance listing.
  • A white paper announced a 60% token airdrop to users based on their platform contributions.
  • Technical issues previously delayed the airdrop, but resolution is expected this month.
  • The launch aims to boost HMSTR’s market visibility, trading volume, and liquidity.

The token’s launch on these exchanges presents a significant opportunity for HMSTR to cement its place in the cryptocurrency market. A successful rollout is poised to elevate the token’s trading volume and liquidity, reaching a wider audience.

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Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

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