A Taker order is one that takes liquidity from the order book and gets filled immediately (partially or fully). A Taker fee is charged upon the execution of these orders. A market order, which always takes liquidity out of the ...Read more
Tag: Cryptocurrency
Cryptocurrency is digital money using blockchain technology, allowing fast, secure, and decentralized transactions without banks or middlemen.
Yes, limit orders can be considered both Maker and Taker orders depending on the order price placed.For long positions:Maker: Order price must be lower than the current market price. Taker: Order price must be higher than the current market price.For short ...Read more
The trading fee is calculated using the formula: Trading Fee = Filled Quantity * Executed Price * Maker/Taker Fee
Sure! Here are two examples:Trader A: Executes a Maker order for 2 BTCUSDT perpetual swap contracts at 30,000 USDT. If the Maker fee rate is 0.02%, the Maker fee will be:2 BTC×30,000 USDT×0.02%=12 USDT2 \text{ ...Read more
Currently, Flipster does not charge any trading fees for perpetual swaps. The fee structure is as follows:Category Maker Fee Taker FeePerpetual Swaps 0% 0%
Delisting refers to the process of removing assets from the exchange so that they can no longer be traded.
Delisting can occur for various reasons, including requests from the asset management team, failure to meet exchange listing requirements, or regulatory issues.
When an asset is delisted, users will be notified to take action:Close out their positions Convert the affected asset for another asset Withdraw their assets from the platformFurther reminders will be sent before trading functionality is suspended completely. Once delisted, users ...Read more
Flipster will force the position to be settled based on the Mark Price at the end of transaction support. All unrealized Profit and Loss (P&L) will be converted into realized P&L at the time of settlement. An auto-settlement fee ...Read more
For perpetual swaps, the Mark Price is calculated as the 1-hour Time Weighted Average Price (TWAP) per second of the index price from one hour before the end of transaction support. The formula is: Mark Price(t)=1⋅Index PriceRead more