Suppose a trader holds a long position of 10 BTC in BTCUSDT Perpetual Swaps with a mark price of $38,000 and a funding rate of 0.01%: Notionalย Valueย ofย Positions=10ร$38,000=$380,000\text{Notional Value of Positions} = 10 ...Read more
Tag: Flipster
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
Shiraverse Latest Questions
Trading cryptocurrency involves risk and potential losses. Users should carefully consider their investment objectives, experience, and risk tolerance before making trading decisions. Derivatives trading, in particular, is subject to high market risk and price volatility. Independent financial advice should be ...Read more
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On the webpage: Click the dropdown arrow next to the Mid price and choose Mark price and vice versa. On the mobile application: You can click the mark price at the bottom part of the chart.
Follow these steps to complete identity verification:Log in to your Flipster account. Tap [Account] in the upper right-hand corner on the Flipster webpage. Tap [Identity Verification] to begin the verification process.
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.
The auto-settlement fee is calculated as: Auto-settlementย Fee=QtyรMarkย PriceรTakerย Fee\text{Auto-settlement Fee} = \text{Qty} \times \text{Mark Price} \times \text{Taker Fee} Auto-settlementย Fee=QtyรRead more
Open interest decreases when a user closes a position.
Acceptable proof of address includes documents like Bank statements, Credit card statements, Utility bills (electric, water, gas), Tax returns, Internet bills, and Tenancy agreements issued within the past 90 days.
Flipster Exchange charges various fees, including trading fees, withdrawal fees, and possibly other service fees. You can find detailed information about the fee structure on the Flipster website under the “Fees” or “Pricing” section.