Hamster Kombat debuts via OKX pre-market futures
Well-known cryptocurrency exchange OKX has launched a new pre-market futures platform, with the HMSTR token of the popular Telegram mini-app game Hamster Kombat leading the way as the launch product. This move signifies a significant advancement in how traders can engage with upcoming crypto projects like Hamster Kombat before their introduction on mainstream spot trading platforms.
OKX’s innovative pre-listing futures platform
OKX’s pre-listing futures platform allows traders to engage in the price discovery of new tokens before their official launch. By choosing Hamster Kombat’s HMSTR token for the initial listing, OKX is tapping into the rising trend of gaming-related cryptocurrencies. The platform enables users to trade futures contracts on tokens with up to 2x leverage before a token generation event (TGE), public sale, or initial coin offering (ICO), setting it apart from traditional pre-market products.
Capitalizing on gaming popularity
OKX Global Chief Commercial Officer Lennix Lai emphasized the exchange’s forward-thinking approach, stating, “Our unique strategy to facilitate the price discovery process for early-stage tokens is supported by our robust risk engine and extensive experience. By introducing new avenues to participate in cryptocurrencies, our aim is to make trading more accessible, efficient, and appealing.” The choice of Hamster Kombat’s HMSTR token for the platform’s debut demonstrates OKX’s readiness to leverage the game’s popularity and current viral trend.
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