OKX showed off its new pre-market trading tool at the same time that the Hamster Kombat (HMSTR) coin went live. These facts are important for people who buy and sell coins. Customers will be able to buy and sell futures contracts for new tokens before they are made available to the public. They can also participate in an ICO or token generation event.
The HMSTR token for Hamster Kombat, a very famous game on Telegram, will be released on this new platform. The HMSTR token’s early entry into the market is likely to bring in buyers who want to take advantage of the early market interest. OKX wants to provide a more advanced trading experience compared to standard peer-to-peer models, and this new development fits with that goal.
Innovative Trading Platform Launch
The OKX Pre-Market Futures offering lets you borrow up to two times your initial investment. This is done to increase liquidity and lower fees. Customers can trade on this platform without actually owning the product. Its goal is to offer more liquidity and lower fees than current P2P pre-market options.
OKX’s Global Chief Commercial Officer, Lennix Lai, was excited about the new product. Our strong risk engine and years of experience support our distinctive method of assisting in finding prices for early-stage tokens. Lai said, “We want to make trading easier, faster, and more appealing by giving people more ways to get involved in crypto.”
OKX warns of the risks that come with the new platform, such as prices being less steady and flexible. The new platform has many good points. The exchange has the power to make changes to entries and the terms of contracts, so it knows how to handle these risks well.
