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How to withdrawHamster KombatTokens ofBybit

Updated: Febrero 24, 2025

Rinat Gismatullin

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How to withdraw$HMSTRofBybit

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Log in to your Bybit account

Once$HMSTRTo appear on Bybit , you will need to log in to your account and navigate to the “Assets” section located in the top right corner. This section displays all available assets, including$HMSTR, once it is officially listed. Make sure your tokens are in the Spot or Funding account for withdrawal purposes.

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Convert $HMSTR to a major cryptocurrency

And$HMSTRcan't be withdrawn directly, you'll need to convert it to a more common cryptocurrency like USDT, BTC , or ETH. Follow these steps:

Go to the "Spot" trading section ofBybit.
Find the pair$HMSTR(For example,$HMSTR/USDT).
Execute a market or limit order to convert your$HMSTRin the selected main cryptocurrency.

Withdraw the converted cryptocurrency

Once you have converted$HMSTR In a major cryptocurrency, do the following:

Go to the "Wallet" section, click "Withdraw" and choose the converted cryptocurrency.
Select the correct blockchain network (ERC-20, TRC-20, etc.) and enter the recipient's wallet address.
Please check all details before confirming the withdrawal.

Withdrawal page

Follow-up to the withdrawal

After submitting your withdrawal, check its status in the “History” tab of the “Assets” section. In case of delays, you can track the transaction using blockchain explorers (e.g. Etherscan, BscScan) and contact Bybit support if necessary.

Understanding the gameHamster Kombatand$HMSTR

The token$HMSTRis the currency of the Hamster Kombat game, a game in which players compete in battles with virtual hamsters. You can earn $HMSTR

Playing
Completing daily challenges in the game
Inviting friends through referral programs

Once$HMSTRappear inBybit, players will be able to withdraw their winnings to external wallets or exchanges.

Withdrawal limits and fees for$HMSTRinBybit

Daily Withdrawal Limits : Bybit imposes withdrawal limits based on your account's KYC level. Completing KYC will increase your daily withdrawal limit.
Fees : The withdrawal fee depends on the network you choose (e.g. ERC-20 may have higher fees compared to TRC-20). Make sure to review the available options before proceeding.
Processing time : Most withdrawals are processed within minutes, but network congestion may cause delays.

Risks and warnings

Incorrect wallet address – Entering an incorrect address may result in permanent loss of your tokens. Always check the address before confirming.
Network issues : Choosing the wrong blockchain network can delay or cancel your transaction. Make sure the network matches the one supported by your external wallet.
Withdrawal suspensions :Bybitmay suspend withdrawals during periods of high volatility or maintenance. Please be patient and wait for withdrawals to resume.
Support : If you have any problems, the support team atBybitis available to help you navigate the withdrawal process.

Pros and cons of withdrawing money from$HMSTR a Bybit

👍Advantages:

•Fast transaction processing speed;

•Several blockchain networks available for withdrawals;

•Increased security with two-factor authentication (2FA).

👎 Contras:

•Higher transaction fees on certain networks, such as ERC-20;

•Accounts without KYC verification are subject to lower withdrawal limits;

•Withdrawals may be temporarily suspended during periods of high traffic or platform maintenance.

Importance of double checking

I have seen how crucial it is to understand the token withdrawal process as$HMSTR. To remove$HMSTRofBybitIt requires a methodical approach to ensure that the transaction is carried out smoothly and securely.

The first step is to make sure your accountBybitis fully verified , as completing the KYC process often prevents unnecessary delays. Once$HMSTRavailable for withdrawal, it is important to first convert the token into a widely accepted cryptocurrency such as USDT or BTC, as this simplifies the process across multiple wallets and networks.

When entering withdrawal details, always check the wallet address and select the appropriate blockchain network . Mistakes at this stage could lead to the loss of your funds, and as we know in the crypto space, these transactions are irreversible.

Finally, keep an eye on network congestion and withdrawal fees , which can vary depending on the time of day or traffic on the blockchain. With careful planning and attention to detail, withdrawing$HMSTRofBybitIt should be a simple process, as long as all the necessary steps are followed.

Anastasiia Chabaniuk

Author and financial expert for Traders Union

Summary

Although the withdrawals of$HMSTRare not currently supported on Bybit, familiarizing yourself with the withdrawal process will help you be prepared once the token becomes tradable. By following the steps outlined and taking the appropriate precautions, you can ensure a smooth transaction experience when the feature becomes available.

Frequently Asked Questions

What happens if I withdraw$HMSTRto the wrong network?

Your tokens may be lost. Always check that the recipient's network matches the chosen network.

How can I reduce withdrawal fees?$HMSTR?

Opt for networks like TRC-20, which typically offer lower fees than ERC-20.

Can I avoid withdrawal suspensions?

Withdrawal suspensions are usually temporary. Stay up to date with announcements fromBybit’sto avoid delays.

Can non-KYC users withdraw?$HMSTRofBybit?

Yes, but non-KYC users will have lower daily withdrawal limits. It is recommended to complete the KYC process for larger withdrawals.

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