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Home/Flipster/Page 2

Tag: Flipster

Flipster - Trade BTC & Crypto

Flipster is a cryptocurrency trading platform designed to make derivatives trading accessible and enjoyable for both new and seasoned traders. It offers perpetual futures listings, deep liquidity, and zero trading fees. Developed by Presto Labs, Asia’s largest quantitative trading firm, Flipster aims to provide a seamless and efficient trading experience.

Invite Link: https://flipster.io/signin?referral_code=SHIRAVERSE

Referral Code: SHIRAVERSE

Risk Warning:

Trading in cryptocurrency involves risk and potential losses. Before trading, make investment decisions cautiously by considering your investment objectives, experience, and risk tolerance. You are solely responsible for your investment decisions, and Flipster is not liable for any losses you may incur. Derivatives trading, in particular, is subject to high market risk and price volatility. Obtain independent advice where appropriate. This information should not be construed as financial or investment advice.

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Raju Kumar
Raju Kumar
Asked: 2 years agoIn: Exchange

How are funding fees calculated on Flipster?

Funding fees are calculated using this formula: Funding Fee = Notional Value of Positions * Funding Rate Notional Value of Positions = Quantity of Contract * Mark Price

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

Can Limit Orders be both Maker and Taker orders?

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

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

Why has my withdrawal been cancelled on Flipster?

Check [History] → [Withdrawal] for the reason if your withdrawal status shows “Cancelled.”

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Raju Kumar
Raju Kumar
Asked: 2 years agoIn: Exchange

How often are funding fees charged on Flipster?

Funding fees are typically charged every 8 hours in perpetual swap contracts. However, the frequency can vary between contracts, so it is advisable to check the Contracts page for specific details.

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

How is the funding fee calculated?

Funding fees are calculated based on the notional value of positions and the funding rate: Funding Fee=Notional Value of Positions×Funding Rate\text{Funding Fee} = \text{Notional Value of Positions} \times \text{Funding Rate} Funding Fee=Read more

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Raju Kumar
Raju Kumar
Asked: 2 years agoIn: Exchange

What happens if the Insurance Fund is depleted on Flipster?

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.

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

Will margin be taken out from the wallet balance when I place a Trigger Order?

Yes, margin will be reserved as “Funds Reserved” in your account to ensure pending orders execute smoothly once the Trigger price is reached.

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

What documents are accepted as proof of address for Level 3 verification on Flipster?

Flipster accepts the following documents as proof of address: Bank statements Credit card statements Residential utility bills (electric, water, or gas) Tax returns or statements Home internet bills Tenancy agreements Note: The provided documents should be issued within the past 90 ...Read more

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Raju Kumar
Raju Kumar
Asked: 2 years agoIn: Mining

How do I start trading on Flipster?

Start trading on Flipster in three easy steps:   1. Download the Flipster mobile application Get the app from Google Play or App Store. 2. Register your account: Sign up on the website or the mobile application using one of the following options: Email addressRead more

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Raju Kumar
Raju Kumar
Asked: 2 years agoIn: Exchange

Is there a withdrawal limit on Flipster?

Yes, there is a one-time withdrawal limit of 200,000 USD and a daily withdrawal limit of 1,000,000 USD.

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