How To Buy And Sell Hamster Kombat (HMSTR)

The Hamster Kombat airdrop was arguably the most awaited event in crypto this year. Since its launch, the Telegram-based tap-to-earn game attracted over 300 million players, becoming one of the largest Web3 games in history. After months of postpones and delays, the HMSTR token airdrop and listing finally took place on 26 September 2024.

With this launch, Hamster Kombat (HMSTR) is now finally available for trading on several centralized crypto exchanges. If you’re actively playing the game, you can claim your rewarded tokens and sell them on platforms like Binance and Bybit. Even if you’re not into the game, you can still buy the HMSTR token from several exchanges.

This article provides a full beginner’s guide to buying and selling the Hamster Kombat token.

Key takeaways

• The Hamster Kombat airdrop took place on 26 September 2024, distributing 60 billion HMSTR tokens to 131 million qualified users, with 88.75% of the tokens claimable immediately and 11.25% locked for 10 months.
• The airdrop was disappointing due to low token payouts, a sharp drop in token value, and a distribution method that appeared to favor influencers over regular players. Technical issues during the launch and sudden changes in eligibility criteria further fueled backlash.
• To buy and sell HMSTR tokens, users can connect their wallets to exchanges like Binance, OKX, Bybit, Bitget, or Crypto.com, trade using USDT, and follow standard trading procedures.

What is Hamster Kombat and how to play it?

It’s hard to imagine anyone in the crypto community that haven’t heard about Hamster Kombat in the past few months. But for those who haven’t, it is a Telegram-based tap-to-earn game that centers around completing daily missions and solving puzzles to earn HMSTR tokens. It’s simple and easy – you’re tapping on the screen relentlessly to grow you Hamster avatar. There are also some engaging activities like solving daily ciphers and puzzles to earn HMSTR token rewards.

The game’s rapid popularity was largely due to its accessibility, as users can simply play Hamster Kombat through the Telegram app. It doesn’t require significant interaction, so users can keep tapping on the go and earn rewards.

What went wrong with the Hamster Kombat airdrop?

Despite being hyped as the most awaited event in crypto, the HMSTR airdrop significantly underdelivered and left users frustrated and disappointed. One of the main issues was the unfair distribution of rewards, where many regular players were disqualified at the last minute due to the anti-cheat system.

Influencers and those with large referral networks were seen to receive disproportionately higher rewards, which angered the community. Only 43% of the users who played the game since March, received the airdrop.

The token value was another major disappointment. After months of engagement, users were expecting significant returns, but many received only minimal amounts — sometimes as little as $1 or less. To make matters worse, the token’s price dropped quickly after its initial listing, falling from $0.01 to $0.0019, significantly reducing the value of the rewards. As of 16 October, the token is already 60% down from its launch price. So, there are real concerns about the token’s utility.

Technical issues during the launch further aggravated the frustration, with outages on the Telegram wallet platform preventing many from accessing or trading their tokens.

Despite these issues and concerns, millions of users are still playing the game, and the third phase of the airdrop is still left to be concluded. There is some optimism that HMSTR’s value might eventually spike, as the token is now listed on several tier-1 exchanges such as Binance, Bybit, Bitget and more.

How to buy and sell HMSTR token?

According to data from CoinMarketCap, HMSTR is now listed on more than 30 centralized exchanges, with some of the leading ones including Bitget, Bybit, OKX, Crypto.com, KuCoin, and more.

To buy and sell the tokens and claim your in-game rewards, follow these steps:

Claiming HMSTR rewards

• In-game rewards: If you’ve earned HMSTR tokens through gameplay, you can claim them directly from the Hamster Kombat Telegram bot by linking your TON-compatible wallet (e.g., Tonkeeper or @Wallet). Once linked, navigate to the withdrawal section and select on-chain airdrop to transfer the tokens to your wallet.
• Claim process:

– Open the Hamster Kombat bot on Telegram.
– Ensure your wallet is connected.
– Initiate the withdrawal to transfer your tokens from the game to your wallet.

Buying HMSTR tokens

• Binance (through the Launchpool).
• OKX, Bybit, Bitget, Crypto.com and RocketX offer active trading pairs for HMSTR, including HMSTR/USDT.

Steps to buy HMSTR:

1. Create or connect your wallet: Ensure you have a TON-compatible wallet like MetaMask or Coinbase Wallet.
2. Deposit funds: Transfer the cryptocurrency you want to trade (e.g., USDT, BTC) to your wallet or exchange account.
3. Choose HMSTR: Select HMSTR as the token to purchase.
4. Enter amount: Specify the amount of cryptocurrency you want to convert into HMSTR.
5. Confirm transaction: Review and confirm the transaction in your wallet. HMSTR tokens will appear in your wallet once the transaction completes

Selling HMSTR Tokens

1. Connect your wallet: to an exchange where HMSTR is listed.
2. Select HMSTR: Choose HMSTR as the token to sell, and pick the cryptocurrency you’d like to receive (e.g., USDT, ETH, or TON).
3. Enter sale amount: Specify the number of HMSTR tokens you want to sell.
4. Confirm sale: Complete the transaction in your wallet, and the selected cryptocurrency will be credited to your wallet

Final thoughts