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Cryptocurrency exchange Bybit has expanded its support for emerging projects on the Telegram Open Network (TON) with the listing of Hamster Kombat (HMSTR) on its over-the-counter (OTC) pre-market trading platform.

Bybit users will now have an early access to HMSTR tokens, associated with the record-breaking game Hamster Kombat, before they are officially available for spot trading, marking a significant development in Bybit’s trading offerings.

The pre-market trading for HMSTR commenced at 10:00 am UTC on July 8, offering users a head start in acquiring the tokens.

However, the specifics of the delivery schedule for HMSTR tokens have not been made public and it is expected to be released soon, according to Bybit’s announcement.

This initiative is seen as a significant advancement in Bybit’s trading offerings, especially after the recent Kaiko report showed Bybit has risen to second place globally.

Besides providing exclusive access to HMSTR tokens before they become available for spot trading, the move also signifies Bybit’s nod to the growing popularity of blockchain gaming and acts as a testament to the exchange’s commitment to fostering new and innovative projects like Hamster Kombat within the cryptocurrency space.

The ability to lock in purchase or sale prices early gives users a strategic advantage, potentially reducing the volatility and uncertainty often associated with new token listings.

“This exclusive access allows users to secure HMSTR tokens ahead of the market and to lock in their purchase or sale prices early, marking an innovative advancement in our trading offerings,” Bybit stated in their announcement.

This move is expected to attract a significant number of investors looking to capitalize on the early access to HMSTR tokens, reflecting the growing interest and investment in blockchain-based gaming platforms.

Hamster Kombat is a Telegram-based crypto game that has garnered considerable attention within the TON community, reaching 200 million users within three months of its launch.

The game involves tapping on a digital hamster to earn in-game coins, which are used to manage a virtual cryptocurrency exchange. Players, acting as hamster CEOs, can invest in marketing, licenses, and new products to enhance their exchange and increase passive earnings.

Key features include a play-to-earn model, daily combo promotions offering 5 million free in-game coins, NFT integration allowing hamsters to be traded, a referral system for additional rewards, customization options for hamsters, and a multiplayer mode for online battles.

The excitement around Hamster Kombat is further fueled by an upcoming HMSTR token airdrop set for July on The Open Network (TON). Unlike traditional airdrops, this one will be based on players’ profit per hour and other activity parameters, encouraging strategic reinvestment of earned coins.

The post Bybit lists Hamster Kombat (HMSTR) token on its OTC pre-market platform appeared first on Invezz

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