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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.
The Quote currency, also known as the Counter currency, determines the value of the selected asset in a perpetual swap pairing. For example, in BTCUSDT.PERP $30,000.00, 1 BTC is traded against the quote currency USDT at an exchange rate of ...Read more
No. USDC will continue to be listed separately and reflected in the Assets page on the Flipster mobile app and your Wallet page on the Flipster website.
Your USDT balance is displayed as ‘USDT’ on the Assets page in the Flipster mobile app and as ‘USDT’ on the Wallet page on the Flipster website.
All prices and fees quoted as ‘$’ will be valued in USDT. ‘Available Funds’ will also be shown in USDT.
A Trigger Order (or conditional market order) executes a trade only if specific conditions, such as price levels or market movements, are met.
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.
Mid Price is calculated as [Current Bid Price + Current Ask Price] / 2.
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.
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
The Adjust Funds Invested Feature allows users to add or remove funds invested in an individual open perpetual swap position.
