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Off-Chain Deposits To Binance, Okx, Bybit And Wallet In Telegram Are Closed

Off-Chain Deposits To Binance, Okx, Bybit And Wallet In Telegram Are Closed

In This article addresses the recent termination of off-chain deposits for Binance, OKX, Bybit, and the Telegram Wallet. Users who had employed these gateways for the claiming and depositing of $HMSTR tokens will no longer have access to this method.

Consequently, to retrieve their assets, individuals are required to utilize on-chain withdrawal processes, the primary recommendation being the transfer of tokens to a TON Wallet.

What Are Off-Chain Deposits?

Off-chain deposits denote transactions executed beyond the confines of the blockchain, enabling rapid, frequently zero-cost transfers across distinct platforms.

Within the Hamster Kombat ecosystem, participants are afforded the capability to obtain $HMSTR tokens straight into their exchange portfolios or Telegram Wallets, obviating the necessity of on-chain confirmation.

Closure of Off-Chain Deposit Methods

As recently communicated by Hamster Kombat through its formal channels, the off-chain deposit gateways to the exchanges Binance, OKX, Bybit, and the Telegram Wallet have been permanently discontinued.

Consequently, the functionality for users to claim or deposit $HMSTR tokens via these channels has been deactivated.

Closure of Off-Chain Deposit Methods

Those participants who did not execute off-chain deposits by the stipulated cut-off date are consequently compelled to employ on-chain transfer mechanisms, the most immediate being the movement of tokens to a TON Wallet.

Important Dates

  • September 21, 2024: The deadline for claiming and depositing $HMSTR tokens via off-chain methods.
  • Post-September 21, 2024: Off-chain deposit options were officially closed.

Users who failed to claim their tokens before the deadline are now limited to on-chain withdrawal options.

Transition to On-Chain Withdrawals

Transition to On-Chain Withdrawals

Following the discontinuation of off-chain deposit channels, all Hamster Kombat participants must now withdraw their accrued $HMSTR tokens directly to a TON Wallet. The procedure is outlined as follows:

  1. Set Up a TON Wallet: Users must first create a TON Wallet to serve as the recipient address for their tokens.
  2. Begin the Withdrawal: In the Hamster Kombat interface, users select the option for TON Wallet withdrawals to commence the transfer.
  3. Authorize the Transfer: After verification of the withdrawal details, users confirm the transfer, at which point the $HMSTR tokens are dispatched to the specified TON Wallet.

Please be advised that on-chain withdrawals may incur network fees, and the confirmation time may be extended relative to previous off-chain methods.

Conclsuion

The discontinuation of off-chain deposit channels represents a pivotal evolution in user engagement with the Hamster Kombat ecosystem.

Although on-chain withdrawals may provide a viable substitute, they impose additional parameters such as network-level fees and latency in transaction finality.

It is advisable that participants closely monitor forthcoming notifications from Hamster Kombat in order to govern their $HMSTR token balances with due diligence.

Comprehensive guidance and real-time developments are available through the platform’s authenticated communication channels and through the partner exchanges.

FAQ

What should users do now?

Users must withdraw their tokens to a TON Wallet using on-chain methods.

Are there fees for on-chain withdrawals?

Yes, on-chain withdrawals may involve network fees and take longer to process compared to off-chain deposits.

Can missed off-chain deposits be recovered?

No, missed deposits after the deadline cannot be recovered. Users must follow on-chain withdrawal procedures.