Hamster Kombat is one of the most popular Telegram-based mini-apps to emerge in 2024. As such, web3 enthusiasts are keen to identify the best platforms to trade the game’s trending native token, HMSTR. This guide lists the best HMSTR exchanges in 2024.
KEY TAKEAWAYS
• Traders can buy and sell HMSTR on a number of top exchanges including Bitget, OKX, and Bybit.
• Hamster Kombat is one of many trending Telegram-based clicker games in 2024, with its native token building hype amid tier-1 centralized exchange (CEX) listings and an upcoming airdrop.
• Telegram-based tokens could be prone to increased volatility in months to come, following the arrest of the app’s co-founder and CEO in August. News about this case may impact the price of HMSTR tokens.
Top exchanges to buy and sell HMSTR
1. Bitget
Founded in 2018, Bitget is one of the most popular crypto exchanges by trading volume. The platform is known for its range of trading features, which include derivatives, social trading, and trading bots. Bitget offers high liquidity for Hamster Kombat and is suitable for both beginners and experienced traders.
- High liquidity
- Low fees
- Well-trusted, globally renowned exchange
- Range of trading features
- AAA security rating
- Restricted U.S. access
Star XU founded OKX in 2017 in Seychelles. It was originally named OKex. Since its inception, OKX has become one of the most popular crypto exchanges in the world. It offers a multitude of products and features, such as spot, futures, options, loans, and peer-to-peer (P2P) trading.
- Large range of crypto assets
- Web3 and DeFi gateway
- Solid reputation for security
- Low liquidity for some coins
- Not available in the U.S.
3. Binance
A household name in crypto, Binance is largest centralized crypto exchange (CEX) by trading volume in 2024. The platform supports a wide array of cryptos and altcoin pairs, including HMSTR/USDT, HMSTR/BNB, HMSTR/FDUSD, and HMSTR/TRY.
The global CEX facilitates low cost spot and derivates trading and allows users to stake and participate in liquidity pools, actively facilitating passive earning. The Binance ecosystem is vast, encompassing a crypto wallet, blockchain project incubator, launchpad, and a research, information and analysis platform.
- Advanced security measures include multi-factor authentication and address and device whitelisting
- Publishes proof-of-reserves regularly
- Huge range of supported cryptos and products
- Trust Wallet integration
- Less beginner-friendly than some competitors
Bybit is a popular crypto exchange that is headquartered in Dubai. Ben Zhou founded Bybit in 2018. and it has since grown to become one of the most popular exchanges in the market. It has over 45 million users, supports more than 160 countries, and offers more than 1,400 cryptocurrencies.
- Many ways to earn yields
- Huge range of decentralized assets available
- Easy-to-use interface
- Some withdrawal restrictions
- Mixed customer service reviews
BingX is a cryptocurrency exchange that was founded in 2018 and has become popularly known as a sponsor of the Chelsea Football Club. The platform specializes in spot, derivatives, and social trading, wealth management, and is available in more than 20 languages.
- Intuitive mobile app with TradingView integration
- 24/7 customer support
- Range of passive income options
- No leverage for spot trading
- Higher withdrawal fees than some competitors
Gate.io bills itself as a “full service” exchange. It offers trading bots, social trading, and derivatives. The exchange does billions of dollars in 24-hour trading volume, has more than 17 million registered users, and has more than 2,500 cryptocurrencies listed.
- Offers spot trading, margin trading, and ETF services
- Supports huge range of cryptos
- Not available in the United States
- Has previously been hacked
7. KuCoin
KuCoin supports more than 700 cryptocurrencies, including HMSTR. It boasts strong security measures that includes proof-of-reserves and insurance coverage for platform security. The platform boasts earning products, a wallet, and advanced trading features which caters to both pro traders and investors.
- Low trading fees with extra reductions for high-volume traders
- Fully customizable, advanced trading interface, perfect for pros
- The platform and founders face ongoing issues and litigation with regulators
The aforementioned exchanges were chosen based on their ability to support HMSTR purchases as widely and for as many users as possible. This includes supported countries, accepted payment methods, and fees. The lists comprises some of the most prominent exchanges in the industry that offer these prerequisites.
Best HMSTR exchanges compared
| Exchange | Supported countries | Fees | Payment methods |
|---|---|---|---|
| Bitget | 168+ | 0.1% | Apple/Google Pay, third-party payments, & 2+ |
| OKX | 100+ | 0.14% (maker) & 0.23% (taker) | Card, crypto, third-party payments |
| Binance | 180+ | 0.1% or lower | Card, crypto, third-party payments |
| Bybit | 160+ | 0.1% | Crypto & third-party payments |
| BingX | 100+ | 0.1% | Crypto & third party payments |
| Gate.io | 100+ | 0.1% | Card, bank, & crypto |
| KuCoin | 200+ | 0.1% | Crypto, card, & 70+ |
What is Hamster Kombat (HMSTR)?
Hamster Kombat is a Telegram mini-app integrated with the TON blockchain. It is part of a string of popular Telegram play-to-earn games that became popular in Q2 and Q3 of 2024, which includes the likes of Notcoin, Catizen, Tapswap, and others.
Pavel Durov, Telegram Founder
Hamster Kombat reached impressive milestones immediately after its launch. The mini-app has more than 500 million users. The Hamster Kombat YouTube channel debuted on May 24, 2024, and gained over one million subscribers in just 26 hours. As of mid-September 2024, it has over 36 million YouTube subscribers and over 12.9 million followers on X (formerly Twitter).
On Sept. 12, 2024, the team announced further details about upcoming listings and the project’s tokenomics via X.
“We’re excited to announce that @binance, the biggest crypto exchange in the world, will list the $HMSTR token!
(…) The total supply of $HMSTR tokens will be 100 billion coins. Along with the listing, there will be Binance Launchpool and Super Earn features available for the $HMSTR token.”
Hamster Kombat team via X
The game mechanics are very simple; players must click the screen to gain HMSTR coins, which upgrade their character. The more you tap, the more coins you earn, and the higher your level increases. Your hamster avatar begins nude but acquires clothing as your level progresses.
Though the name of the game is Hamster Kombat, there is no actual combat involved in the gameplay. You play as a hamster who is the CEO of a popular cryptocurrency exchange.
Important: On Aug. 25, 2024, Pavel Durov, Telegram’s co-founder and CEO, was arrested in France. The news saw Bitcoin, Ethereum, and most altcoins — particularly those associated with the messaging app — log losses. Further developments related to this case have the potential to impact the future price of HMSTR and other native tokens of Telegram-based clicker games, as well as the wider crypto market.
Why is Hamster Kombat popular in 2024?
Many factors have likely contributed to Hamster Kombat’s success. They include the following:
Simple mechanics and development
Telegram mini-apps are extremely popular because they are simple on all levels. The popular messenger app gives developers a software development kit (SDK) to build on Telegram and the TON blockchain.
The game mechanics and incentive mechanisms are straightforward. Users play the game and tap to earn in-game currency, which is then converted into actual cryptocurrency.
In addition, Telegram charges considerably less fees than Google or Apple. This simplicity allows virtually anyone to build and launch a game with minimal programming experience.
HMSTR airdrop
As stated previously, mini-apps are highly sought after because of their simple yet effective incentive mechanisms. Play-to-earn mini-apps typically allow players to earn in-game currency, which they can convert into actual cryptocurrency after an airdrop.
Hamster Kombat is slated for an airdrop on Sep. 26, 2024. The Hamster Kombat airdrop has been highly anticipated and has faced several delays, which has likely contributed to the anticipation.
What to look for in a HMSTR exchange?
When selecting an exchange to purchase and trade HMSTR, you want to keep a few factors in mind. In brief, traders should prioritize:
- Availability: Given the heavy-handed enforcement of crypto exchanges around the world, traders should select an exchange that is available in their country. This ensures that you will obey the laws of your country of residence and will refrain from unintentionally getting the exchange in trouble for servicing restricted areas.
- Fees: It should go without saying that you should choose an exchange with low fees. Keep in mind that some exchanges may charge higher fees on new or low market cap coins and tokens like HMSTR.
- Payment methods: Select an exchange that supports a range of payment methods. Many exchanges tend to use third-party payment processors so they can service as many customers as possible.
- Features: While a multitude of features is not immediately relevant for simple HMSTR purchases, this can be a deciding factor when choosing between exchanges with similar availability, fees, and payment methods.
Select the best HMSTR exchange for you
While most of the best Hamster Kombat (HMSTR) exchanges have relatively similar and low fee schedules, there are a few factors that set them apart, even amongst themselves. While Gate.io, OKX, and Kucoin are full-service exchanges, Bybit, Bitget, and BingX can support a multitude of customers with the integration of third-party payments.
You should choose the best HMSTR exchange that fits your personal needs. And remember, cryptocurrency trading and investing are inherently risky — you could lose money. Make sure to maintain proper risk management, hedge your bets, and set stop-losses if necessary.
Disclaimer: This article is for informational purposes only and should not be considered investment advice. HMSTR is a new token. While clicker games and their respective native cryptos have been trending in 2024, the longevity and popularity of these digital assets can not be assumed or guaranteed.
Frequently asked questions
You can buy and sell HMSTR on a number of top exchanges including Bitget, OKX, Gate.io, Bybit, BingX, and KuCoin. Most of these exchanges charge 0.1% on spot trading fees, with the exception of OKX. All of the listed exchanges are available in more than 100 countries.
Hamster Kombat is a Telegram mini-app mobile game. These lightweight apps are available on Telegram messenger and can integrate with the TON blockchain, Toncoin, and Jetton tokens.
The best HMSTR exchanges include Bitget, OKX, and Bybit. The right exchange for you depends on your individual requirements. Most exchanges charge relatively low fees, about 0.1%. It is best to choose an exchange available in your region that supports your specific payment methods.
It is possible to earn HMSTR token by playing the Hamster Kombat game. However, players should keep in mind that the tokens are free to earn. This means that the return on HMSTR tokens, while limitless, is likely minimal.
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