Hamster Kombat’s token will be available on OKX’s brand-new pre-market futures exchange.
The pre-market futures platform launched by OKX recently saw the HMSTR token make its debut, adding to the buzz surrounding the Hamster Kombat (HMSTR) coin. Customers can trade futures contracts for upcoming tokens with this product before they are released for public sale, token generation event, or first coin/exchange offering.
The well-known Telegram game Hamster Kombat will launch its HMSTR coin on this new platform. Due to the HMSTR token’s early release, traders can profit from the initial excitement in the market. This action furthers OKX’s goal of providing a more sophisticated trading environment in contrast to conventional peer-to-peer models.
Pre-market Futures
Designed to improve liquidity and cut costs, OKX’s Pre-Market Futures Offering offers up to 2x leverage. Customers can trade on the platform without really owning the asset. Delivering improved liquidity and lower fees in comparison to the existing P2P pre-market alternatives is the aim. The global chief commercial officer of OKX, Lennix Lai, stated:
“Our 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.”
Although the platform has many benefits, OKX highlights the drawbacks, such as less liquidity and increased price volatility. Contract conditions and listing modifications are at the exchange’s discretion.b