Altcoin
Binance Unveils Vital Listing For Hamster Kombat (HMSTR) & Catizen (CATI)
The latest update from crypto exchange behemoth Binance has sparked substantial optimism for the newly emerged Telegram-based P2E crypto projects Hamster Kombat (HMSTR) and Catizen (CATI). In an announcement on Monday, the CEX revealed that it plans to launch USD-Margined perpetual contracts for the mentioned coins shortly ahead. This announcement has in turn garnered significant investor attention to the P2E projects, echoing optimism for their future actions.
Binance To Launch HMSTR & CATI USD-Margined Perpetual Contract Ahead
As per an official Binance announcement dated September 16, the CEX is set to launch Hamster Kombat and Catizen perpetual contracts shortly ahead. Per the announcement, CATIUSDT perp will launch on September 20 at 10:30 UTC. Whilst HMSTRUSDT contract will launch on September 26 at 12:30 UTC.
The crypto exchange set the capped funding rate for both assets at +2.00% / -2.00%. However, the tick size has yet to be confirmed. Users can enjoy up to a whopping 75x leverage trading the asset on Binance.
Nevertheless, the exchange added that it may adjust the futures contract specifications based on market risk conditions ahead. The potential changes may encompass adjustments to the contract’s “funding fee, tick size, maximum leverage, initial margin, and maintenance margin requirements.”
Altogether, Binance’s extension of support to the newly emerging projects has reverberated optimism for their coins’ future movements. CoinGape Media previously reported AERGO price to have skyrocketed remarkably with its futures listing on the exchange.
Meanwhile, even UXLINK price soared whoppingly amid its futures listing on the CEX. These previous listings have brought significant attention to the HMSTR and CATI perp contract launch looming over the horizon.
Recent Developments Anchor Further Optimism
In the interim, previously, Binance announced a stockpile of offerings to support the abovementioned projects, amassing further optimism on the Telegram-based P2E games. CoinGape reported that the mentioned crypto exchange added HMSTR as its 58th launchpool project.
Moreover, it also added Catizen (CATI) as the 59th launchpool project, simultaneously extending support to the Telegram-based games. Altogether, recent developments have garnered noteworthy attention to the recent hot trend in P2E games, Hamster Kombat and Catizen. However, it’s worth mentioning that HMSTR listing looms as of September 26, whereas CATI listing looms to take place on September 20.
Coingape Staff
CoinGape comprises an experienced team of native content writers and editors working round the clock to cover news globally and present news as a fact rather than an opinion. CoinGape writers and reporters contributed to this article.
Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.
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