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Flipster Review: Crypto Futures Exchange With Zero Fees & Deep Liquidity

Flipster Review: Crypto Futures Exchange With Zero Fees & Deep Liquidity WikiBit 2024-07-26 06:26

Flipster is a fast-growing cryptocurrency derivatives trading platform that offers over 250+ perpetual futures listings with leverage available of up to

Flipster has taken a different approach. By focusing on a limited and powerful set of features, Flipster aims to simplify the crypto derivatives trading experience while still providing robust functionality. In other words, Flipster knows its target market.

Flipster offers its crypto derivatives trading services through its mobile app and website. Their mobile app is available on iOS or Android. The user-friendly web and app interface makes it easy to learn and execute trades with speed and ease, lowering the entry barrier even for traders with limited experience. Traders can capitalize on market opportunities wherever they arise in a few taps on the Flipster app, or analyze their portfolio on the web interface, for a fast and frictionless trading experience anytime, anywhere.

Unlike similar features in other exchanges or platforms, Flipster doesnt require users to lock in their assets or opt-in in any way. As long as there are USDT funds in the account, users will be passively earning interest on their deposits, up to a wallet balance of no more than 1 million USDT.

Any rewards resulting from the Earn Campaign are automatically deposited in the users account within 1 business day from the system snapshot.

Launchpool

Flipsters Launchpool provides users an opportunity to earn more on their cryptocurrency holdings, by allowing them to earn daily USDT rewards on their staked crypto tokens. By staking their assets, users can start generating a stream of daily USDT rewards, earning on top of any potential price appreciation of their crypto.

Users can boost their earnings by up to 4x by achieving a minimum trading volume and/or becoming a Flipster VIP. This offers an attractive way for users to maximize their returns, especially for those who have crypto sitting idle and are holding for the long term.

Cryptocurrency Perpetual Futures Listings

Flipster currently supports Bitcoin and over 250 altcoins, including some of the most popular projects out there. This includes popular coins like BTC, ETH, XRP, SOL, BNB, DOGE, ADA, etc, as well as top movers like PEOPLE, GAS, SUPER, BOND, ZEN, and ZEN. You can see all the available coins here.

Customer Support

Users can access live customer chat support on the Flipster app or website, which is available in all time zones.

Fee Structure

Flipsters fees are virtually non-existent. In the case of trading taker and maker fees, the fee is 0% on all perpetual swap contracts at the time of writing. Similarly, no fees are charged on any deposit beyond the network fees any user might incur when transferring funds.

Now, you might be wondering why we said “virtually”. This is because withdrawals do have a fee that will depend on the coin being transacted with. For example, withdrawing USDT through Ethereum will incur a non-internal fee of 10 USDT, while a TON withdrawal would result in no fee at all. You can find Flipsters current fees here.

Withdrawal Fees

CurrencyNetworkWithdrawalWithdrawal Fee (Internal)
ALGOAlgorand0.01 ALGO0 ALGO
ARBArbitrum One0.2 ARB0 ARB
ATOMCosmos0.01 ATOM0 ATOM
AVAXAvalanche C-Chain0.1 AVAX0 AVAX
BLASTBlast1 BLAST0 BLAST
BNBBNB Smart Chain (BEP20)0.003 BNB0 BNB
BONKSolana50000 BONK0 BONK
BTCBitcoin0.001 BTC0 BTC
BUSDBNB Smart Chain (BEP20)1 BUSD0 BUSD
BUSDEthereum (ERC20)10 BUSD0 BUSD
CELOCelo0.001 CELO0 CELO
ETHEthereum (ERC20)0.004 ETH0 ETH
ETHArbitrum One0.0001 ETH0 ETH
ETHOptimism0.0001 ETH0 ETH
ETHBlast0.0001 ETH0 ETH
FDUSDBNB Smart Chain (BEP20)1 FDUSD0 FDUSD
FDUSDEthereum (ERC20)10 FDUSD0 FDUSD
FTMFantom0.3 FTM0 FTM
KLAYKlaytn0.1 KLAY0 KLAY
LINKEthereum (ERC20)1 LINK0 LINK
MATICPolygon0.05 MATIC0 MATIC
NEARNEAR Protocol0.1 NEAR0 NEAR
SCASui0.1 SCA0 SCA
SOLSolana0.01 SOL0 SOL
SUISui0.06 SUI0 SUI
TONTON0 TON0 TON
TRXTron (TRC20)10 TRX0 TRX
USDCSolana2 USDC0 USDC
USDCEthereum (ERC20)10 USDC0 USDC
USDTTON0 USDT0 USDT
USDTBNB Smart Chain (BEP20)0.3 USDT0 USDT
USDTTron (TRC20)0.3 USDT0 USDT
USDTEthereum (ERC20)10 USDT0 USDT
USDTArbitrum One0.1 USDT0 USDT
XRPRipple (XRP)0.25 XRP0 XRP

Flipsters Security

Flipster adheres strictly to global regulations and upholds the highest level of protection for user assets and accounts, with its world-class security, real-time monitoring of deposits and withdrawals, 2FA, and more. All customer assets are held on a 1:1 basis, and the platform has published its Proof of Reserves on its website, which is updated regularly.

Flipster Referral/VIP/Affiliate Programs

Flipster offers three programs that its users can be part of: Referral Program, VIP Program, and Affiliate Program. These allow them to further benefit from the Flipster ecosystem while helping it grow.

The Affiliate Program offers trading commissions, referee qualification rewards, and exclusive perks to those who apply and are selected. What do selected users need to do? Spread the word to their community and get other users to enjoy the campaigns and features offered by Flipster.

The Referral Program works similarly to the Affiliate Program but is meant for every user, instead of those with an audience. This program offers referrers the opportunity to earn 3% APR on their referees USDT wallet balance and trading commissions, within the first 90 days of account registration.

For big traders, the VIP Program offers special privileges such as “trading rebates, VIP-exclusive Earn Pools with daily rewards of up to 3,000 USDT at the time of writing, and extra APR for special campaigns” to those who achieve VIP status. To do so, a user must have a 15-day trading volume of over 3M USDT or maintain more than 50K USDT in their Flipster wallet.

Flipster Rewards hub

Flipsters Rewards hub offers both new and existing users a head start on their crypto journey. Users can earn up to 150 USDT by completing simple tasks such as completing identity verification, making a 50 USDT net deposit, executing their first trade, and achieving a trading volume of 100,000 USDT or more. With 5+ USDT in guaranteed reward, this initiative is designed to encourage engagement and reward users for their activity on the platform.

Flipster Airdrop Campaigns

The airdrop campaigns offer users the chance to win up to 1,000 USDT worth of position airdrops without requiring any investment. To participate, users have to register for the campaign and collect one chip daily, with each chip guaranteeing a minimum of 2 USDT worth of airdrop. The more chips collected, the higher the chances users have of winning the top prize of airdrops worth 1,000 USDT.

Who is Behind Flipster?

While Flipsters success is driven by its powerful features, user-friendly platform, almost non-existent fees, and wide range of perpetual futures listings, the team behind the project has played the biggest role.

The company is led by Chief Executive Officer (CEO) Yongjin Kim. He previously founded Presto Labs after working for over 3 years as an algorithmic trader for Jump Trading. He has served as Flipsters CEO since August 2022.

Disclaimer:

The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.

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