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Home/Cryptocurrency/Page 105

Tag: Cryptocurrency

Explore cryptocurrency topics including Bitcoin, Ethereum, blockchain technology, altcoins, trading strategies, wallets, security, DeFi, and market trends. Learn how digital currencies work and how to invest safely in the crypto ecosystem.

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Raju Kumar
Raju Kumar
Asked: 2 years agoIn: Exchange

Will the Adjust Funds Invested Feature affect the liquidation price on Flipster?

Yes. Adding Funds to the open position will lower the liquidation price, reducing the risk of liquidation. Conversely, removing funds from the position will increase the risk of liquidation as it raises the liquidation price.

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Raju Kumar
Raju Kumar
Asked: 2 years agoIn: Exchange

How much funds can I remove from the open position on Flipster?

You can remove any additional margin placed in the open position, but the initial margin of the position must be maintained.

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Raju Kumar
Raju Kumar
Asked: 2 years agoIn: Exchange

What is Quote currency?

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

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Raju Kumar
Raju Kumar
Asked: 2 years 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: 2 years agoIn: Exchange

How do I check my USDT balance on Flipster?

  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.

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Raju Kumar
Raju Kumar
Asked: 2 years agoIn: Exchange

What does USDT as the platform Quote currency mean?

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

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Raju Kumar
Raju Kumar
Asked: 2 years 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: 2 years 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: 2 years 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: 2 years 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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