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
Tag: Cryptocurrency
Cryptocurrency is digital money using blockchain technology, allowing fast, secure, and decentralized transactions without banks or middlemen.
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
Opening multiple orders allows traders to diversify portfolios, manage risk, and take advantage of various market opportunities simultaneously. This enables traders to execute multiple trades at different prices or with varying strategies. How to Open Multiple Orders Step 1: Search for products.Navigate ...Read more
An insurance fund is a reserve set aside by a cryptocurrency exchange or trading platform to protect against losses from liquidations, unexpected events, or other risks. Its primary purpose is to cover deficits that may occur due to forced liquidation ...Read more
If the insurance fund is depleted, the exchange will force the position of the opposing trader to cover the position of the bankrupt trader, a process called Auto Deleveraging Liquidation.