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A cryptocurrency exchange is a platform where users can buy, sell, or trade digital currencies like Bitcoin using fiat or other cryptos.
Withdrawal history in a cryptocurrency platform refers to a record of all past withdrawals made from the user’s Flipster account, detailing the date, time, amount, and destination address of each withdrawal transaction.
For a LONG position: Unrealized P&L=Quantity×(Best Bid Price−Average Entry Price)\text{Unrealized P\&L} = \text{Quantity} \times (\text{Best Bid Price} – \text{Average Entry Price}) Unrealized P&L=Quantity×Read more
The funding rate consists of two components:Interest Rate (I): Reflects the difference in interest rates between the quote and base currencies (e.g., BTC and USDT). Premium Index (P): Measures the deviation of the perpetual swap price from the mark price.The funding ...Read more
For a SHORT position: Unrealized P&L=Quantity×(Average Entry Price−Best Ask Price)\text{Unrealized P\&L} = \text{Quantity} \times (\text{Average Entry Price} – \text{Best Ask Price}) Unrealized P&L=Quantity×Read more
Average Entry Price refers to the average price at which a trader has entered into multiple positions for a particular instrument, calculated based on the total value invested divided by the total quantity of the instrument purchased.
Average Entry Price is calculated using the formula: Average Entry Price=Total value of all positions in USDTTotal quantity of the instrument\text{Average Entry Price} = \frac{\text{Total value of all positions in USDT}}{\text{Total quantity of the instrument}} Average Entry Price=Read more
Bonus is a reward expressed in USDT, awarded for participating in Flipster promotions and events. It can be used as Initial Margin for trading and to offset trading losses directly.
Initial Margin: Bonus can be used as Initial Margin for opening trading positions. Offsetting Trading Losses: Realized P&L will first apply to the Bonus balance before affecting your USDT wallet balance. VIP Perk: As a Flipster VIP user, you can ...Read more
Funding Fees: Bonus cannot be used to pay funding fees. Conversion and Withdrawal: Bonus cannot be converted to other currencies or withdrawn from the Flipster wallet.
The negative balance in your Flipster account will be offset by the Bonus every day at 00:00, 08:00, and 16:00 UTC. This offset frequency is subject to change and cannot be triggered manually.
