Bybit, a cryptocurrency exchange, has expanded its support for upcoming projects on The Open Network (TON) by allowing Hamster Kombat (HMSTR) trading on its Pre-Market Trading platform.
As per the announcement, this new project, a tap-to-earn Telegram game where users mine HMSTR coins by managing a virtual crypto exchange, starts trading on Bybit Pre-Market Trading, on July 8, 2024 10AM UTC.
The platform is made to facilitate the trading of new tokens before their official listing, allowing buyers and sellers to set bids and complete trades at predefined rates.
The exchange asserted that the addition of HMSTR tokens to its Pre-Market platform is a “significant step forward,” allowing customers to purchase HMSTR tokens before they are listed for Spot trading.
Further, ByBit said that users can lock in purchase and sale prices ahead of time with this unique access, which is a creative improvement over the exchange’s trading capabilities and gives users the ability to acquire HMSTR tokens before the market.
The precise date of HMSTR’s spot trading debut is uncertain, although it is now listed on Bybit Pre-Market Trading. Bybit pointed out that while pre-market activity may mirror expectations in the market, some factors could affect the official listing price. They stressed that there may not be a clear correlation between the two prices because they are set by the market.
According to data from Bybit Pre-Market Trading, the pre-market price of HMSTR has been fluctuating between approximately $0.001 and $0.1 at the time of writing
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