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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

Why does Flipster have country restrictions?

Country restrictions are in place to comply with international regulations, sanctions, and internal policies to ensure the safety and legality of operations on the Flipster platform.

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Raju Kumar
Raju Kumar
Asked: 2 years agoIn: Exchange

Can Liquidations occur even when TP/SL orders have been set?

Yes, liquidations can occur independently of TP/SL orders. Liquidation reference prices are based on the Mark Price, whereas TP/SL orders use the Mid Price as a reference. If the Mark Price reaches the Liquidation Price before the TP/SL order is ...Read more

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Raju Kumar
Raju Kumar
Asked: 2 years agoIn: Exchange

How do I calculate the trading fee?

The trading fee is calculated using the formula: Trading Fee = Filled Quantity * Executed Price * Maker/Taker Fee

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Raju Kumar
Raju Kumar
Asked: 2 years agoIn: Exchange

What documents are required for identity verification on Flipster?

You will need to provide government-issued documents such as a passport, national ID card, or driving license. Make sure the documents are valid and not expired.

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Raju Kumar
Raju Kumar
Asked: 2 years agoIn: Exchange

How does the default price shown on Flipster affect trading?

The default price shown on the Flipster trading chart is the Mid Price. However, liquidation is triggered by the Mark Price. Once the Mark Price reaches the liquidation price of a position, the position will be liquidated. This means ...Read more

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Raju Kumar
Raju Kumar
Asked: 2 years agoIn: Exchange

What is the formula for Mid Price calculation?

Mid Price is calculated as [Current Bid Price + Current Ask Price] / 2.

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Raju Kumar
Raju Kumar
Asked: 2 years agoIn: Exchange

What is Time-In-Force (TIF) on Flipster’s trading platform?

Time-In-Force (TIF) determines how long an order remains active before it is executed or canceled. Flipster supports three common TIFs:Good Till Cancel (GTC):Description: Remains active until fully executed or manually canceled. Use Case: Commonly seen in maker limit orders, where ...Read more

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Raju Kumar
Raju Kumar
Asked: 2 years agoIn: Exchange

Can I modify or cancel a Trigger Order once it is placed on Flipster?

Yes, you can cancel a pending Trigger Order by selecting the order and choosing “Cancel order” at the bottom of the screen. To modify a Trigger Order, cancel the existing order and place a new one with revised details.

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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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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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