The well-known crypto exchange OKX has unveiled its new Pre-Market Futures platform. According to the details from the press release, the popular Telegram mini-app game Hamster Kombat’s HMSTR token is taking center stage as the inaugural offering. This launch marks a major milestone in how traders can engage with upcoming crypto projects like Hamster Kombat before they make a debut on a mainstream spot trading platform.
Hamster Kombat Leads the Charge in New Trading Frontier
OKX’s Pre-Market Futures platform is designed to offer traders an opportunity to participate in the price discovery of new tokens before their official launch. By choosing Hamster Kombat’s HMSTR token as its first listing, OKX is tapping into the growing trend of gaming-related cryptocurrencies.
The platform allows users to trade futures contracts with up to 2x leverage on tokens before their Token Generation Event (TGE), public sale, or Initial Coin Offering (ICO). This feature sets OKX’s offering apart from traditional pre-market products, which often rely on peer-to-peer (P2P) trading models.
Lennix Lai, OKX’s Global Chief Commercial Officer, emphasized the exchange’s innovative approach: “Our unique approach to assisting in the price discovery process for early-stage tokens is backed by our robust risk engine and extensive experience. By opening up new avenues to participate in crypto, we aim to make trading more accessible, efficient and appealing.”
The selection of Hamster Kombat’s HMSTR token for the platform’s debut shows the exchange’s willingness to tap into the popularity of the game and its current viral craze.
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