Crypto Company Adds Hamster Kombat to Its Trading Platform for Dollar Exchange, Advises Users

Crypto Company Adds Hamster Kombat to Its Trading Platform for Dollar Exchange, Advises Users

  • In a move set to excite cryptocurrency enthusiasts, Binance has announced plans to list Hamster Kombat
  • Binance will now allow miners around the world to trade their Hamster Kombat on its platform for dollar
  • On September 26, there will be an airdrop event, and Binance is offering miners a chance to trade for dollar

Legit.ng journalist Dave Ibemere has over a decade of business journalism experience with in-depth knowledge of the Nigerian economy, stocks, and general market trends.

Binance, the world’s largest cryptocurrency exchange, has officially listed Hamster Komba tokens on its platform.

Along with the listing, Binance has also invited the project to participate in its renowned Binance Launchpool, offering users the opportunity to earn HMSTR tokens by staking their BNB.

Hamster Kombat lists on Binance
Binance lists Hamster Kombat token Photo credit: Oliver Helbig
Source: Getty Images

Binance disclosed this via its official X (formerly Twitter) account, which boasts over 13 million followers.

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Crypto enthusiasts expressed excitement about the development as they anticipate an airdrop for the game’s large community on September 26, 2024, Hamster Kombat airdrop token generation event (TGE).

Binance statement reads:

"Binance is excited to announce the 58th project on Binance Launchpool — Hamster Kombat (HMSTR), a crypto exchange CEO simulator P2E game built on the Telegram mini-app platform. The webpage is estimated to be available in 24 hours, ahead of the Launchpool start.
"Users will be able to lock their BNB and FDUSD to receive HMSTR airdrops over a period of three days, with farming starting from 2024-09-23 00:00 (UTC).
"Listing: Binance will be the first platform to list the HMSTR token, with trading starting on 2024-09-26 12:00 (UTC).
"Trading will be available with the following pairs: HMSTR/USDT, HMSTR/BNB, HMSTR/FDUSD, HMSTR/TRY. A "seed" tag will be applied to HMSTR upon listing."

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The exchange also warned users to be cautious of false advertisements claiming early sales of the token, advising them to conduct thorough research to protect their funds.

"Any claims to offer this token for sale before the stated timeline are likely false advertising. Please ensure you do your own research to safeguard your funds!"

Expert speaks

Explaining how it will work, crypto expert Lucky Inikori said that after the airdrop, players will be able to convert their allocations to real cash.

'The airdrop will give players the chance to convert their funds into cash using platforms like Binance or other exchanges that have decided to list,.
'I am not too optimistic about how big the allocations will be. I would advise Nigerians not to have high expectations."

What is Hamster Kombat?

Hamster Kombat is a tap to earn crypto project that has attracted over 300 million global players. It is arguably one of the most popular Web 3 clicker games currently hosted on Telegram.

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While the founder is not publicly known, Nigerians have actively engaged with the project since it came on the scene earlier this year.

Crypto experts speak on tasks to prioritise

Meanwhile, Legit.ng previously reported that crypto experts had shared their thoughts on the Hamster Kombat tasks people should focus more on.

Like Notcoin and Tapswap, Hamster Kombat is a trending crypto project mined on Telegram and rewards players with coins when they tap.

People mining Hamster Kombat have been divided on which aspects to focus more on. Some said the Hamster Kombat tokens hold more value, while others argued miners would gain from their hourly profit.

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Source: Legit.ng

Authors:
Dave Ibemere avatar

Dave Ibemere (Senior Business Editor) Dave Ibemere is a senior business editor at Legit.ng. He is a financial journalist with over a decade of experience in print and online media. He also holds a Master's degree from the University of Lagos. He is a member of the African Academy for Open-Source Investigation (AAOSI), the Nigerian Institute of Public Relations and other media think tank groups. He previously worked with The Guardian, BusinessDay, and headed the business desk at Ripples Nigeria. Email: dave.ibemere@corp.legit.ng.