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Home/Flipster/Page 38

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

What collateral is required to trade perpetual swaps?

Traders must provide initial margin as collateral to open positions. The amount of collateral needed is determined by leverage and position size. Maintenance margin, which is the minimum required to hold a position, prevents liquidation triggered by insufficient funds.

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Raju Kumar
Raju Kumar
Asked: 2 years agoIn: Exchange

What features should we expect in the Flipster mobile application?

The Flipster app offers an intuitive trading experience with future updates planned for enhanced functionality.

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Raju Kumar
Raju Kumar
Asked: 2 years agoIn: Exchange

What should I do if I encounter difficulties during the Level 2 verification process on Flipster?

If you face any difficulties or are unable to proceed with the required steps, please contact Flipster through the service request form for assistance.

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Raju Kumar
Raju Kumar
Asked: 2 years agoIn: Exchange

How much are the withdrawal fees?

Withdrawal fees vary based on blockchain conditions. Check the [Assets] page on the app or website, select [Withdraw], and click [Info] next to your desired asset to view applicable withdrawal fees.

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Raju Kumar
Raju Kumar
Asked: 2 years agoIn: Exchange

What is the reference point for the Trigger price?

The Trigger price is based on the Mid Price of the perpetual contract, calculated as [Current Bid Price + Current Ask Price]/2.

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Raju Kumar
Raju Kumar
Asked: 2 years agoIn: Exchange

Are the Notional Order Amount and Position Size cumulative across all symbols on Flipster?

No, the Notional Order Amount and Position Size are calculated separately for each symbol. This means that the Notional Min/Max Order Amount and Max Position Size vary between symbols.

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Raju Kumar
Raju Kumar
Asked: 2 years agoIn: Exchange

What is Index Price?

Index Price is an average of prices from major exchanges, updated per second. This ensures that Flipster precisely represents the true value of each token, calculated as an average of the last prices from several major exchanges.

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Raju Kumar
Raju Kumar
Asked: 2 years agoIn: Exchange

How is Realized P&L calculated for SHORT positions?

For a SHORT position: Realized P&L=Closed Quantity×(Average Entry Price−Closing Price)\text{Realized P\&L} = \text{Closed Quantity} \times (\text{Average Entry Price} – \text{Closing Price}) Realized P&L=Closed Quantity×Read more

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Raju Kumar
Raju Kumar
Asked: 2 years agoIn: Exchange

What are funding rates in perpetual swaps?

Funding rates are periodic interest payments exchanged between traders holding long and short positions in perpetual swaps. Traders holding positions pay or receive funding fees based on whether the swap price is above or below the spot market price.

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Raju Kumar
Raju Kumar
Asked: 2 years agoIn: Exchange

What proof of address documents does Flipster accept?

Flipster accepts documents such as bank statements, credit card statements, residential utility bills, tax returns, home internet bills, and tenancy agreements. These documents should be issued within the past 90 days.

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