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Home/Flipster/Page 5

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 is Take Profit & Stop Loss?

Take Profit (TP) and Stop Loss (SL) orders are risk management tools that allow users to close an existing position at a predetermined price. These orders are conditional market orders. Take Profit orders are typically set above the average entry price ...Read more

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Raju Kumar
Raju Kumar
Asked: 2 years agoIn: Exchange

What is the purpose of the phone number verification on Flipster?

Phone number verification adds an additional layer of security to ensure that the provided contact information is accurate and belongs to the Flipster user.

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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.

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Raju Kumar
Raju Kumar
Asked: 2 years agoIn: Exchange

What happens if my source of funds document is rejected on Flipster?

If your source of funds document is rejected, you will receive a notification explaining the reason for rejection. You can then resubmit the correct documents as per the guidelines provided.

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Raju Kumar
Raju Kumar
Asked: 2 years agoIn: Exchange

What is a Backstop Liquidity Provider (BLP)?

Backstop Liquidity Providers (BLPs) are agents incentivized to manage liquidated positions. They help ensure the resilience and stability of financial markets by safeguarding against severe disruptions and promoting orderly trading.

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Raju Kumar
Raju Kumar
Asked: 2 years agoIn: Exchange

Why is there a need for Trigger Order?

Trigger Orders are used when users want to execute orders at specific prices or conditions, such as in breakout strategies. Market orders execute at the current market price, which may not align with strategic entry or exit points.

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Raju Kumar
Raju Kumar
Asked: 2 years agoIn: Exchange

Will the Adjust Funds Invested Feature affect the liquidation price on Flipster?

Yes. Adding Funds to the open position will lower the liquidation price, reducing the risk of liquidation. Conversely, removing funds from the position will increase the risk of liquidation as it raises the liquidation price.

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Raju Kumar
Raju Kumar
Asked: 2 years agoIn: Exchange

Are my positions hedged when I open a long and short position of the same symbol on Flipster?

No, under isolated margin mode, each position has its own liquidation price and is not hedged against each other. Each position’s margin is independent.

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Raju Kumar
Raju Kumar
Asked: 2 years agoIn: Exchange

Can I register using my mobile number on Flipster?

No, registration requires a valid email address or a social account. for more…

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Raju Kumar
Raju Kumar
Asked: 2 years agoIn: Exchange

How do perpetual swaps work?

Unlike traditional futures contracts, perpetual swaps use a funding mechanism to anchor their price to the spot market price of the underlying asset. If the perpetual swap price deviates from the spot price, funding fees are used to align them.

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