Hamster Kombat token to debut on OKX pre-market future platform

Hamster Kombat’s token will be listed on OKX’s new premarket futures platform.

The Hamster Kombat (HMSTR) excitement continues as OKX announces its pre-market futures platform, making the HMSTR token available on the platform for the first time.

This product will allow customers to trade futures contracts for future tokens ahead of the Token Creation Event, public sale, or Initial Coin/Exchange Offering. Hamster Kombat, a popular game on Telegram, will introduce the HMSTR token on this new platform.

The early entry of the HMSTR token allows investors to benefit from initial market interest. This move supports OKX’s aim to offer a more advanced trading experience compared to traditional peer-to-peer models.

Pre-market futures

OKX’s Pre-Market Futures product offers up to 2x leverage and is designed to increase liquidity and reduce fees.

The platform allows clients to trade without having to own real assets. The aim is to offer better liquidity and reduced fees compared to existing P2P pre-market options.

“Our unique approach to assisting the price discovery process for early-stage tokens is supported by our robust risk engine and extensive experience. By opening up new avenues for participation in crypto, we aim to make trading more accessible, efficient, and engaging,” said Lennix Lai, Global Chief Trading Officer at OKX.

While the platform offers numerous benefits, OKX highlights risks such as lower liquidity and higher price volatility. The exchange retains discretion over listing arrangements and contract terms.