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
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
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.
Shiraverse Latest Questions
Phone number verification adds an additional layer of security to ensure that the provided contact information is accurate and belongs to the Flipster user.
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.
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.
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.
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.
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.
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.
No, registration requires a valid email address or a social account. for more…
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.
