On September 26, Binance formally listed Hamster Kombat (HMSTR), permitting customers to have interaction in buying and selling, margin, and funding actions for the token. Following the itemizing on main exchanges, HMSTR’s value has seen a notable decline of over 44% from its peak of almost $0.01, which beforehand pushed its market capitalization to over $600 million.
Regardless of this correction, the token stays in an thrilling section, with the potential for vital future positive factors. Nonetheless, traders ought to brace for potential sell-offs as early adopters and airdrop recipients look to safe their income after the preliminary surge in buying and selling exercise. On this interval of uncertainty, right here’s an in depth information on easy methods to promote your tokens and convert them into INR.
Promoting Tokens:
- Open Binance or your chosen alternate.
- Go to the Market part and seek for “Hamster”.
- Choose the buying and selling pair “HMSTR/USDT.”
- Click on Promote, select what number of tokens you need to promote, and place your promote order.
- The bought tokens will convert to USDT in your account.
Withdraw USDT to CoinDCX:
- If you wish to convert USDT into INR, switch USDT to an Indian alternate like CoinDCX.
- In CoinDCX, go to your Portfolio, click on Deposit, and choose BEP20 because the community.
- Copy the handle, then return to Binance, click on on Withdraw, paste the copied handle, choose BEP20, and enter the quantity of USDT to switch.
- Affirm the withdrawal, and as soon as it’s processed, your USDT will seem in your CoinDCX account.
Convert USDT to INR:
- As soon as your USDT is in CoinDCX, promote it for INR.
- Go to Funds, click on on Withdraw INR, and enter the quantity.
- Hyperlink your checking account for those who haven’t completed so already.
- Full the method, and the INR will probably be deposited into your checking account inside minutes.
