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Home/Cryptocurrency Exchange/Page 62

Tag: Cryptocurrency Exchange

A cryptocurrency exchange is a platform where users can buy, sell, or trade digital currencies like Bitcoin using fiat or other cryptos.

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Raju Kumar
Raju Kumar
Asked: 1 year agoIn: Exchange

Will I need to convert or withdraw my US Dollar on Flipster?

No. USDC will continue to be listed separately and reflected in the Assets page on the Flipster mobile app and your Wallet page on the Flipster website.

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Raju Kumar
Raju Kumar
Asked: 1 year agoIn: Exchange

How do I check my USDT balance on Flipster?

  Your USDT balance is displayed as β€˜USDT’ on the Assets page in the Flipster mobile app and as β€˜USDT’ on the Wallet page on the Flipster website.

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Raju Kumar
Raju Kumar
Asked: 1 year agoIn: Exchange

What does USDT as the platform Quote currency mean?

All prices and fees quoted as β€˜$’ will be valued in USDT. ‘Available Funds’ will also be shown in USDT.

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Raju Kumar
Raju Kumar
Asked: 1 year agoIn: Exchange

What is a Trigger Order?

A Trigger Order (or conditional market order) executes a trade only if specific conditions, such as price levels or market movements, are met.

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Raju Kumar
Raju Kumar
Asked: 1 year agoIn: Exchange

What is the reference price for Take Profit & Stop Loss?

The reference price for TP/SL orders is the Mid Price. Note that the closing price of a position is based on the Best Bid/Ask Price. Expect slippage during times of market volatility.

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Raju Kumar
Raju Kumar
Asked: 1 year agoIn: Exchange

What is the formula for Mid Price calculation?

Mid Price is calculated as [Current Bid Price + Current Ask Price] / 2.

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Raju Kumar
Raju Kumar
Asked: 1 year agoIn: Exchange

What is the use case for Take Profit & Stop Loss orders?

TP/SL orders serve as crucial risk management tools, especially when users cannot monitor open positions continuously. They ensure that positions are closed at the Best Bid/Ask Price when the Mid Price of the symbol reaches its trigger price.

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Raju Kumar
Raju Kumar
Asked: 1 year agoIn: Exchange

Can Liquidations occur even when TP/SL orders have been set?

Yes, liquidations can occur independently of TP/SL orders. Liquidation reference prices are based on the Mark Price, whereas TP/SL orders use the Mid Price as a reference. If the Mark Price reaches the Liquidation Price before the TP/SL order is ...Read more

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Raju Kumar
Raju Kumar
Asked: 1 year agoIn: Exchange

What is the β€œAdjust Funds Invested” Feature?

The Adjust Funds Invested Feature allows users to add or remove funds invested in an individual open perpetual swap position.

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Raju Kumar
Raju Kumar
Asked: 1 year agoIn: Exchange

Can I Adjust Funds Invested if I am using 1x leverage?

Yes, you can use the Adjust Funds Invested Feature regardless of the chosen leverage.

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