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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.
Max Slippage is the predefined threshold that determines the maximum allowable difference between the trigger price and the upper or lower limit executed price of a trade. It prevents excessive slippage during market volatility, ensuring orders are not executed at ...Read more
Follow these steps to check Max Slippage on the Flipster app:Go to [Settings]:Click on [Contracts]. This opens up a mobile web version of Flipster.Search for the symbol/contract:Use the search bar or click on the symbol/contract.Check the Contract Specification:Scroll down ...Read more
Close Custom Amount allows users to partially close an open position, offering flexibility in managing trades.
Follow these steps to use Close Custom Amount:Navigate to the [Trade] tab:Tap on the symbol under [Open positions].Under the [Positions] tab:Tap on the [X] button.Tap on [Close custom amount]: Input the [Close amount]:Two ways to input the Close Amount:Manually: Tap under ...Read more
Instant Flip allows users to quickly close their current position and open a new one in the opposite direction with a single tap. The initial invested funds for the new position will be based on the invested funds and ...Read more
Follow these steps to use Instant Flip:Navigate to the [Trade] tab:Tap on the trading pair that you would like to use Instant Flip under [Open positions].Under the [Positions] tab:You will have the option to use [Instant Flip]. The [Flip ...Read more
Take Profit (TP) and Stop Loss (SL) orders are risk management tools that allow users to close an existing position at a predetermined price.
Follow these steps to set a TP or SL order on Flipster:Navigate to the [Trade] tab:Tap on the symbol under [Open positions].Under the [Positions] tab:Click on [Set Take Profit] or [Set Stop Loss].Input the value:Enter the value under [Trigger ...Read more
Adjust Funds Invested allows users to add or remove funds from an open position on the Flipster trading platform. How to Add Funds Step 1: Navigate to the [Trade] tab.Under [Open positions], tap on the trading pair.Step 2: Under the [Positions] ...Read more
Trigger orders are powerful tools in cryptocurrency trading that allow traders to automate trading strategies based on predefined conditions. By setting a trigger price, traders can execute trades when specific criteria are met, even when not actively monitoring the markets. How ...Read more
