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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.
Bonus is awarded as rewards for participating in promotional events. Bonus is expressed in USDT and can be used on the Flipster platform as initial margin for trading.
Mark Price is designed to represent the true value of a perpetual swap contract, free from price manipulation, illiquidity, and price swings relative to its underlying spot price. It is also a core component of Funding Rate calculations.
Index Price is an average of prices from major exchanges, updated per second. This ensures that Flipster precisely represents the true value of each token, calculated as an average of the last prices from several major exchanges.
Your portfolio balance includes: Your Assets: Cryptocurrencies and Bonus in your Flipster wallet expressed in USDT. Unrealized P&L: Profit and loss calculated assuming open positions are closed at the current market price. Reserved Trading Margin: Margin allocated to current open ...Read more
Flipster provides a wealth of resources to help users navigate the platform: Knowledge Base Explore an ever-growing collection of informative articles and step-by-step instructions on various aspects of using Flipster. Blog Stay informed about the latest crypto happenings, community updates, economic news, and ...Read more
Flipster provides multiple support options to assist users: Support Enquiry Submit a support enquiry through the service request form on the Flipster website. LiveChat Live chat with Flipster community managers for real-time assistance. For further assistance or more information, contact Flipster’s 24/7 customer support ...Read more
Initial Margin refers to the collateral placed to open a leveraged position. Only Bonus and USDT can be used as initial margin.
Flipster employs the Isolated Margin system, meaning margins are allocated to each position separately and not shared across symbols. If one isolated margin position is liquidated, other isolated margin positions remain unaffected.
Maintenance Margin refers to the minimum amount of collateral required for a position to remain open. If the collateral falls below this level, liquidation occurs.
Liquidation occurs when the collateral falls below the maintenance margin. Flipster’s Backstop Liquidity Provider automatically unwinds the position during liquidation. For long positions executed above the bankruptcy price, remaining margin goes into the Insurance Fund. For long positions executed below the ...Read more
