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.

Trading Fees: Flipster charges 0% Taker Fees and 0% Maker Fees on all perpetual swap contracts.

Flipster is optimized for mobile use, providing a fast and frictionless trading experience. It simplifies trading for both new and seasoned traders, ensuring they can trade, monitor portfolios, and capitalize on market movements anytime, anywhere. Desktop trading will soon ...Read more

Realized P&L (Profit and Loss) refers to the actual profit or loss incurred from closed trading positions. It calculates the financial outcome once a position has been fully closed.

Understanding the differences between Margin and Position Size is crucial for shaping trading strategies and outcomes. Methods to place orders on Flipster:Margin:Pros: Precise control over the margin allocated for each trade. Cons: Quantity of contracts fluctuates based on the opening price.Position Size:Pros: ...Read more

If problems persist after following these steps, consider contacting Flipster support for further assistance. Provide details about the issue, including any error messages or specific conditions when the problem occurs.

Open interest decreases when a user closes a position.

If the insurance fund is depleted and cannot cover the incentive to BLPs, Flipster will trigger an Auto Deleveraging Liquidation event. This event automatically deleverages opposing trader positions based on their profit and leverage priority to cover the position of ...Read more

If the maximum open interest limit for a specific symbol is exceeded, the system will be in reduce-only mode and will automatically reject any orders that exceed the open interest limit. “Reduce-only” refers to a system mechanism that prevents users ...Read more

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