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.
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
Take Profit (TP) and Stop Loss (SL) orders are risk management tools that allow users to close an existing position at a predetermined price.
Open interest decreases when a user closes a position.
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.
Accepted documents include Payslips, Bank (savings) statements, Sale of property or business, Inheritance, Profits from trading activities, and Pension funds, issued within the past 90 days.
Choose between Email OTP + SMS OTP or Email OTP + Google Authenticator OTP for withdrawal verification.
Let’s assume a trader purchases a 0.1 BTCUSDT perpetual swap contract at the market price of 30,000 USDT with 10x leverage in a long position.Notional Value: 30,000 USDT * 0.1 BTC = 3,000 USDT Initial Margin: 3,000 USDT * 10% (leverage ...Read more
Bonus refers to Flipster Bonus points.
Steps to place Trigger Orders using Margin:Click on [Trigger]. Indicate the Trigger Price. Choose the Leverage. Select [Margin]. Input the margin balance under [Margin]. Execute the order by clicking either on Long or Short (depending on your trading direction).Example:Trigger Price: Set a specific price ...Read more
Log in to your account, go to [Account] → [Identity Verification], and follow the prompts to complete the process.
