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Home/Questions/Page 189

Shiraverse Latest Questions

Raju Kumar
Raju Kumar
Asked: 2 years agoIn: Exchange

What is Instant Flip on Flipster’s trading platform?

Instant Flip allows users to quickly close their current position and open a new one in the opposite direction with a single tap. The initial invested funds for the new position will be based on the invested funds and ...Read more

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Raju Kumar
Raju Kumar
Asked: 2 years agoIn: Exchange

How do I use Instant Flip on the Flipster app?

Follow these steps to use Instant Flip:Navigate to the [Trade] tab:Tap on the trading pair that you would like to use Instant Flip under [Open positions].Under the [Positions] tab:You will have the option to use [Instant Flip]. The [Flip ...Read more

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Raju Kumar
Raju Kumar
Asked: 2 years agoIn: Exchange

What are Take Profit (TP) and Stop Loss (SL) orders?

Take Profit (TP) and Stop Loss (SL) orders are risk management tools that allow users to close an existing position at a predetermined price.

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Raju Kumar
Raju Kumar
Asked: 2 years agoIn: Exchange

How do I set a Take Profit (TP) or Stop Loss (SL) order on Flipster?

Follow these steps to set a TP or SL order on Flipster:Navigate to the [Trade] tab:Tap on the symbol under [Open positions].Under the [Positions] tab:Click on [Set Take Profit] or [Set Stop Loss].Input the value:Enter the value under [Trigger ...Read more

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Raju Kumar
Raju Kumar
Asked: 2 years agoIn: Exchange

What is Adjust Funds Invested in Flipster?

Adjust Funds Invested allows users to add or remove funds from an open position on the Flipster trading platform.   How to Add Funds Step 1: Navigate to the [Trade] tab.Under [Open positions], tap on the trading pair.Step 2: Under the [Positions] ...Read more

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Raju Kumar
Raju Kumar
Asked: 2 years agoIn: Exchange

What are Trigger Orders in Flipster?

Trigger orders are powerful tools in cryptocurrency trading that allow traders to automate trading strategies based on predefined conditions. By setting a trigger price, traders can execute trades when specific criteria are met, even when not actively monitoring the markets.   How ...Read more

CryptocurrencyCryptocurrency ExchangeFlipster
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Raju Kumar
Raju Kumar
Asked: 2 years agoIn: Exchange

What are Multiple Orders in Flipster?

Opening multiple orders allows traders to diversify portfolios, manage risk, and take advantage of various market opportunities simultaneously. This enables traders to execute multiple trades at different prices or with varying strategies.   How to Open Multiple Orders Step 1: Search for products.Navigate ...Read more

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Raju Kumar
Raju Kumar
Asked: 2 years agoIn: Exchange

What is an Insurance Fund?

An insurance fund is a reserve set aside by a cryptocurrency exchange or trading platform to protect against losses from liquidations, unexpected events, or other risks. Its primary purpose is to cover deficits that may occur due to forced liquidation ...Read more

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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

How does the Insurance Fund work during liquidation on Flipster?

When liquidation occurs, the liquidation engine automatically unwinds the position. The insurance fund mechanism varies depending on whether the execution price is above or below the bankruptcy price.Execution Price > Bankruptcy Price (For Long position, Short position vice versa):If the ...Read more

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