Top Crypto Exchanges to Trade Hamster Kombat (HMSTR) – Best Picks for 2024
TON’s gaming ecosystem has seen massive growth in 2024, with games like Hamster Kombat attracting millions of users. Most of these games have announced token launches, which are expected to happen before the year ends. Hamster Kombat will launch its native crypto, HMSTR, on September 26. This guide reveals the best exchanges to purchase the token when it enters the market.
Hamster Kombat Explained
Hamster Kombat is a tap-to-earn game built on the TON network. It’s accessed via the popular messaging app Telegram. The game has attained exceptional milestones since its launch in May. For example, it has become the biggest Ton-based project after its user base hit 300 million. Moreover, its YouTube channel has garnered over 36 million subscribers as of this writing.
How Hamster Kombat Works
While it’s called Hamster Kombat, the game doesn’t include any combat. Instead, all players are known as hamsters and are tasked with growing small cryptocurrency exchanges to earn in-game rewards, which determine their airdrop allocations when HMSTR launches.
HMSTR Airdrop
As mentioned, the HMSTR token launch will occur later this month. Hamster Kombat players who have actively participated in the game will receive free HMSTR tokens, which will be tradable on exchanges that we’ll discuss in this article. HMSTR, which will run on TON, has a total supply of 100 billion tokens.
What to Consider When Looking for an Exchange to Buy HMSTR
When picking a crypto exchange to trade the HMSTR token, it is vital to consider these factors:
1. Availability: Before registering with an exchange, ensure it’s available in your country and its operations align with the stipulated rules.
2. Fees: Some exchanges usually charge high fees on low market cap or new coins. So, ensure you select one with low trading charges.
3. Payment Methods: Choosing an exchange that facilitates payments in multiple methods is crucial. This allows you to enter and exit crypto conveniently.
4. User Interface: If you are a new crypto user, pick an exchange with an easy-to-navigate interface to allow you to trade seamlessly.
Where to Trade HMSTR
Bitget
Bitget is one of the largest crypto exchanges based on trading volume. Since its launch in 2018, it has introduced several useful features, including trading bots and social trading, to give customers an exceptional trading experience.
Given its high liquidity, Bitget is an ideal exchange for investors looking to buy HMSTR. Moreover, it is regulated in numerous countries and charges relatively low fees.
OKX
Founded in 2017, OKX is a top exchange offering services like P2P trading, lending, and spot and futures trading. Hamster Kombat’s creator has listed this exchange among the platforms to support the launch of HMSTR.
OKX’s solid reputation for employing stringent security measures to protect user data and funds makes the exchange a perfect choice for anyone planning to invest in HMSTR. However, it is important to mention that American crypto users are prohibited from trading on OKX.
Bybit
Bybit entered the crypto space in 2018. Based in Dubai, the exchange serves more than 40 million users in over 55 countries. The deep liquidity on Bybit will allow quick HMSTR transactions when the token launches.
Furthermore, the easy-to-use interface enables new users to navigate the crypto market without assistance.
Binance
Binance, the largest cryptocurrency exchange by trading volume, has announced that it will list HMSTR on September 26. Before the token launch, the exchange will allow users to stake their FDUSD or BNB to receive HMSTR via the Launchpool.
Binance is a market leader for several reasons. Firstly, it operates in over 200 countries. Secondly, it boasts deep liquidity, thus executing trades at optimal prices. Lastly, Binance supports multiple payment methods, enabling users to buy HMSTR using local currencies.
Final Thoughts
While selecting the right exchange to trade HMSTR is vital, it’s equally important to consider the risks involved in trading this new token. Do not use money you can’t afford to lose.
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