Bybit Explains Pre-Market Trading Details For Hamster Kombat

Key Takeaways
  • Bybit assumes a total supply of 10 billion HMSTR tokens for valuation
  • Orders will be mapped proportionally once the official token supply is announced.
  • Bybit will update users on the HMSTR pre-market delivery schedule once it's announced
07-10-2024 By: Sakshi Jain
Bybit Explains Pre-M

HMSTR Pre-Market Trading: Key Details and Guidelines from Bybit

Bybit, a comprehensive cryptocurrency exchange, recently announced pre-market trading details for Hamster Kombat (HMSTR). This initiative allows users to trade the HMSTR token before its official launch on the spot platform. The update is given via Bybit’s official account, providing the crypto community a clarity on their purchase or sale for HMSTR. Here’s everything in detail you need to know about this pre-market phase and how it operates including several important details and guidelines to ensure a smooth trading experience. 

Bybit's Latest Update on Pre-Market Trading For Hamster Kombat

In a recent update, Bybit provided additional details regarding HMSTR pre-market trading given as follows:

Bybit has made some critical assumptions to facilitate the HMSTR pre-market trading. Since the official tokenomics of Hamster Kombat have not been disclosed, Bybit has estimated a total supply of 10 billion HMSTR tokens for valuation purposes. This estimation allows traders to participate in pre-market trading with a clearer understanding of the token’s potential value.

One of the key elements of Bybit’s approach is the mapping of filled orders. When the Hamster Kombat project officially announces the actual total supply of HMSTR tokens, Bybit will adjust the price and quantity of all filled orders proportionally. For instance, if the actual supply turns out to be 10 million instead of the assumed 10 billion, an order for 1,000 HMSTR tokens at 100 USDT will be adjusted to 1 HMSTR token, with the order value remaining the same. This ensures that sellers will only need to deliver the adjusted number of tokens, while buyers receive the corresponding amount.

It is important to note that Bybit’s HMSTR pre-market trading involves real tokens and not in-game coins. The platform does not engage in any speculation or trading related to the in-game currency, focusing solely on the actual HMSTR tokens.

Bybit has also outlined the delivery details for HMSTR tokens. While the specific delivery schedule will be announced by the Hamster Kombat project, Bybit will keep its users updated on any changes or announcements. This proactive approach aims to keep traders informed and prepared for the official launch.

To protect users, Bybit has implemented measures to ensure financial security. In rare cases where unforeseen circumstances might lead to the cancellation of completed orders, Bybit guarantees that all funds will be automatically refunded to the original payment method. This precautionary step is in place to prevent any financial loss for the users.

Conclusion

The pre-market trading of Hamster Kombat (HMSTR) on Bybit marks a significant step for both the platform and the token. Bybit’s strategic assumptions and protective measures ensure a smooth trading experience, even before the official launch. Traders can take advantage of this early access, while Bybit’s commitment to transparency and user protection provides a reliable trading environment. Stay tuned for more updates as the Hamster Kombat Airdrop is also going to start.

Read More: Hamster Kombat: A Combo Pack of Crypto Gaming and Rewards

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