TechFlow news — According to an announcement by LBank, the exchange will officially launch pre-market trading for HMSTR/USDT on September 9, 2024, at 16:00 (UTC+8). The closing and settlement time is currently set for September 26, 2024, with the exact timing subject to confirmation. Settlement for HMSTR pre-market trading will occur 30 minutes before official market opening. LBank will ensure a 1:1 token redemption between pre-market and formal trading, and commits that HMSTR withdrawals will be available no later than other major centralized exchanges.
Additionally, to best protect user interests, LBank has launched a price protection limited-time campaign, offering comprehensive safeguards for HMSTR spot pre-market trading. If, upon conclusion of pre-market trading, users hold HMSTR at a price lower than the industry's average pre-market trading price, LBank will compensate for losses caused by the price drop, up to a maximum of 50 USDT (details here).
Currency introduction: Hamster Kombat is a "tap-to-earn" Telegram-based game where users mine HMSTR tokens by managing a virtual cryptocurrency exchange. The game combines the "play-to-earn" model with simulated cryptocurrency exchange operations.
Spot pre-market trading allows users to buy and sell a new cryptocurrency before its official listing on the spot market. Essentially, it enables early trading through specific channels ahead of the official trading pair launch, typically conducted in the period leading up to the coin’s official release.
