Binance Unveils Vital Listing For Hamster Kombat (HMSTR) & Catizen (CATI)

Coingapestaff
September 16, 2024
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Highlights

  • Binance will launch HMSTR and CATI futures listing shortly ahead.
  • The futures listing plan sparks optimism as Binance's recent similar listings fueled a positive momentum in tokens' prices.
  • The exchange's recent offerings have garnered further attention to the Telegram-based P2E games.

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.

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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.

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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.

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Why Trust CoinGape

CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more…to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.

About Author
About Author
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.
Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.