Binance to List HMSTR Token!
Later this month, the well-known Telegram tap-to-earn game Hamster Kombat will introduce its HMSTR token on The Open Network (TON) and airdrop it to its millions of users. Through a Launchpool incentives program, the developers also revealed intentions to distribute billions of tokens to Binance users on Thursday.
The anonymous Hamster Kombat team disclosed on Thursday that there will be a 100 billion token supply for the HMSTR token, of which 3 billion have been set aside for the Binance Launchpool campaign.
Binance to List HMSTR Token
During the week-long incentives campaign, Binance consumers in countries where it is legal to do so—such as the United States, for example—will be able to stake Binance Coin (BNB) and the FDUSD stablecoin in order to win a portion of HMSTR tokens. The token launch date is September 26. The campaign will run from September 19 to that date.
Launchpool campaigns have been utilized for many token launches in the past, including as the launch of popular gaming tokens like Pixels (PIXEL) and Portal (PORTAL) in 2024. Binance users have staked billions of dollars’ worth of BNB and FDUSD in these campaigns in order to participate in the benefits.
Any project can drastically transform its trajectory in the ever-changing cryptocurrency landscape by gaining a listing on a major exchange such as Binance.
It not only gives a cryptocurrency a big boost in credibility and awareness, but it also frequently results in major price increases.
Because it serves a broad spectrum of consumers, from novice traders to seasoned investors, Binance is adaptable. On the other hand, individuals with prior experience in investing or cryptocurrency trading may find the platform’s rich features and slightly cluttered design appealing.
Binance provides an extensive range of trading tools and services for traders ranging from intermediate to advanced. Experienced investors can carry out more intricate trading methods with the use of automated trading bots, charting tools, and a variety of order types offered by the exchange. The wide selection of cryptocurrencies available on Binance is a major draw for many portfolio-diversifying investors.
Investors seeking to produce passive income may find Binance’s earning alternatives, which include ETH staking, BNB vault, and simple earn accounts available for over 180 coins, appealing. Users of the portal can investigate and broaden their knowledge thanks to its research and instructional resources. Users may trade conveniently on the go with the help of a mobile app that is accessible in both advanced and lite modes for iOS and Android smartphones.
All things considered, Binance is a great option for intermediate to experienced traders seeking a feature-rich exchange with a large assortment of coins, profit potential, and cutting-edge trading tools. Complete novices, on the other hand, might find the platform’s layout and abundance of options daunting, so it could be best for them to begin with a simpler exchange before moving to Binance as their expertise and understanding increase.
Why Binance Listing a Coin is Being Hyped
Binance has made a name for itself as a top exchange by providing a wide range of features and advantages that draw in a lot of traders.
- Robust asset protection: Binance’s $US 1 billion insurance fund offers extra security for users’ assets on the platform, providing peace of mind and highlighting the exchange’s commitment to security, in addition to standard security features like two-factor authentication (2FA) and whitelisted withdrawal addresses.
- Competitive trading fees: Binance provides competitive rates in comparison to other exchanges, with trading fees as low as 0.1%. By keeping more BNB or engaging in more trade volume, users can further minimize costs.
- Wide selection of cryptocurrencies: With over 500 listed, Binance provides one of the broadest selections of cryptocurrencies for trading.
- Opportunities for earning: The network offers users a variety of options to generate passive income, including as through staking, BNB vaults, and earning accounts for more than 180 coins.
- Advanced trading tools: Binance offers a range of advanced trading capabilities, including multiple order types, charting tools, and automated trading options, to appeal to experienced traders.
- Mobile app with both advanced and lite modes: Users can trade while on the go with Binance’s mobile app, which is compatible with iOS and Android smartphones. The interface is less cluttered on the smaller screen because the program has both advanced and lite settings.
- Vast educational resources: The exchange offers customers a variety of information and tools to increase their understanding of cryptocurrencies and trading techniques through its vast education center.
Principles of Gameplay:
- Tap to Earn: The basic mechanism is tapping on a digital hamster to mine Hamster coins. Like Notcoin’s tap-to–earn game designs, this basic action forms the basis of the game.
- Upgrade Your Investments/Exchange: Use the Hamster coins you get to improve your virtual crypto exchange. Improvements can open fresh features and raise your coin-earning potential.
- Engage in Daily Combos: Invest in particular upgrades every day to get major bonuses—five million free in-game HMSTR coins. These daily combinations vary; thus, keep updated.
- Daily Cipher: Engage in Daily Cipher special missions to gain extra one million coins every day. Simple chores to more challenging activities can all be part of missions.
- Solve the Mini Game Puzzle: The Hamster Kombat use red and green candlestick indicators to traverse a golden key across an exit in thirty seconds. Successful completion of the problem results in a key, which, as hinted at by the developers, might be quite valuable or useful in the future.
- Apply Boosts: Apply boosts to raise the energy limit and improve your tapping output. This accelerates your coin collecting. Hamster Kombat lets you claim six free daily boosters to increase coins.
- Earn Daily Bonuses: Log in daily and finish designated tasks to qualify for bonuses.
- Engage in Referral Program: Take part in a referral program and invite friends to play the game and get extra prizes. Your income can be much raised by this.
Hamster Kombat is positioned to take advantage of the growing ecosystem of distributed apps by means of interaction with the TON blockchain and other blockchain technologies Crucially for maintaining player confidence and involvement, this link improves transaction security and transparency. More features and updates—including possible expansions into NFT and Metaverse domains—which could greatly raise the value and appeal of the game to a larger audience—are scheduled by the developers.
Frequently Asked Questions
1. Is Hamster Kombat real or fake?
This is a play-to-earn game on Telegram where players are CEOs of virtual crypto exchanges and do daily jobs to earn rewards. Yes, of course it’s true. Now you need to tell your friends, family, and coworkers. Because you inform them, they will thank and praise you.
2. Can I sell Hamster Kombat coins now?
As of September 13th, 2024, the Hamster Kombat (HMSTR) token has not yet officially launched on the spot market.
3. When is Hamster Kombat listing?
Hamster Kombat is listing on September 26th, 2024.