OKX, a leading global cryptocurrency exchange and Web3 innovator, has announced the launch of USDT-margined Pre-Market Futures for Hamster Kombat's HMSTR token. This new offering will go live on August 1, 2024, at 10:00 AM UTC, enabling traders to speculate on the token’s future price before its official listing.
Key Features of HMSTR Pre-Market Futures
- Contract Type: Expiry futures (delivery time TBA)
- Underlying Index: HMSTR/USDT
- Settlement: USDT
- Face Value: 10 HMSTR
- Leverage: Up to 2x
- Trading Hours: 24/7
- Tick Size: 0.0001
👉 Explore Pre-Market Futures Trading
Benefits of Pre-Market Futures
- Early Exposure: Trade upcoming tokens before their official launch.
- Leverage: Amplify positions with up to 2x leverage.
- Price Discovery: Gauge market sentiment ahead of HMSTR’s Token Generation Event (TGE).
Risks to Consider
- High Volatility: Pre-market trading carries significant price swings.
- Liquidity Risks: Lower liquidity may increase slippage.
- No Underlying Tokens: Contracts settle in USDT, not HMSTR.
For full terms, review OKX’s Risk Disclosure.
About Hamster Kombat
Hamster Kombat is a Telegram mini-app game blending play-to-earn mechanics with meme coin virality. Its HMSTR token has garnered speculative interest ahead of its official launch.
Why OKX?
- 50M+ Users: Trusted global platform.
- Web3 Innovations: Partnerships with Manchester City FC and McLaren Racing.
- Transparency: Monthly Proof of Reserves audits.
FAQs
Q: What are Pre-Market Futures?
A: Derivatives allowing traders to bet on a token’s future price before its official listing.
Q: Can I withdraw HMSTR tokens after settlement?
A: No—contracts are USDT-settled; you won’t receive actual HMSTR tokens.
Q: Is leverage mandatory?
A: No, leverage ranges from 0.01x to 2x (use cautiously).
Q: How is the HMSTR index price calculated?
A: Based on aggregated pre-market data from liquidity providers.
For more details, visit OKX’s Support Center.
Disclaimer: Trading digital assets involves risk. This content isn’t financial advice.
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