The Flipster exchange was launched in 2021 and gradually gained a reputation for having an intuitive interface, robust trading capabilities, and a wide variety of tokens available for trading. Let's go deeper into the technical aspects of this platform and what makes it unique.
Pros:
Zero trade fees for perpetual contracts.
More than 250 cryptocurrencies are trading on this platform.
Leverage up to 100x for more advanced traders.
Deep liquidity and low slippage.
User-friendly mobile app.
Bonuses, airdrops and flexible stake opportunities.
Cons:
No demo account for beginners.
No fiat deposits (crypto-only platform).
Not available in the U.S.
What is Flipster?
Founded in 2021, Flipster aims to solve the common frustrations of crypto trading: lack of liquidity and high trading fees. Flipster specializes in perpetual futures trading, offering up to 100x leverage on more than 250 cryptocurrencies including Bitcoin (BTC), Ethereum (ETH), as well as a diverse range of altcoins.
With its zero-fee structure and immense liquidity, Flipster is one of the top contenders for traders in search of low-cost, extremely efficient trading platforms.
Key features of Flipster
Flipster is not just another generic trading platform. It offers a range of unique features that cater to both experienced traders and beginners.
100x leverage on perpetual futures trading
Flipster offers a robust perpetual futures trading platform, allowing traders to speculate on the price of crypto assets without holding them. With leverage of up to 100x, the platform appeals to risk-averse traders aiming to maximise their returns.
The platform's Instant Flip feature is especially impressive, as it allows users to change their positions (long to short or short to long) with just one click. Traders can also set trigger orders and take profit/stop loss orders to maneg their risk effectively.
Spot Trading
In addition to derivatives, Flipster also offers spot trading, allowing users for users to easily switch between spot and futures markets, thereby enhancing their earning potential. The zero-fee spot trading of the platform further increaes the platform's overall value for users.
Instant Flip
Flipster's Instant Flip feature showcases the platform's commitment to trading speed. With a single click, traders can quickly reverse their positions. This feature is particularly useful in volatile markets, enabling users to capitalize on sudden changes in market sentiment.
Deep liquidity
Flipster has a regulated market maker that provides unparalleled liquidity on its platform. This allows traders to place large orders with minimal price impact while securing the best possible execution prices.
The combination of high liquidity and tight bid-ask spreads supports users in maximizing profits while minimizing slippage.
Zero trading fees
Flipster does not charge for perpetual contract trades, a refreshing move in a market where trading commissions can quickly sap your profits, especially for high-frequency traders.
Over 250 supported cryptocurrencies
Among other features, Flipster also has an extensive token offering. You'll find everything, from big names like BTC and ETH to the latest altcoins, meme coins and more. Its high liquidity ensures minimal slippage, even during high volume trades, which grants traders an edge in fast-moving markets.
Fast listings
Flipster's most unique feature is the speed at which it lists new perpetual futures contracts on the newest and most popular cryptocurrencies. Whether it's a new meme coin or a promising altcoin, Flipster aims to be the first company to give traders a foothold into the new frontiers. This accelerates the time to market, giving users the opportunity to take advantage of a trend before others and even win big in the market.
Mobile trading app
Any trading platform in today’s world should have a good mobile app. Flipster does the trick with their iOS and Android app, which enable users to trade on the go, view portfolios, and even control positions.
Customer support
Flipster prides itself on excellent customer service. You can find their 24-hour live chat directly on their website and mobile app so that you get assistance in the nick of time. You can also directly contact them via the "Contact Us" section on the site.
Flipster community and social media platforms
Flipster has an active social community that shares trending news, hosts events and giveaways. Join the Flipster official social media channels to stay updated. Follow their social media accounts: Facebook, Instagram, Twitter, LinkedIn and Telegram.
The Flipster blog offers educational articles on a wide range of cryptocurrency-related topics. Users can explore widely used terms and jargon in the crypto space through Flipster’s glossary, which serves as a comprehensive resource for definitions and terminology related to blockchain and cryptocurrency.
Earn campaign
Flipster's Earn Campaign lets users earn rewards by depositing coins such as BTC, ETH, and USDT into wallets while earning a high APR. Plus, USDT assets can be used to trade perpetual swaps while simultaneously earning APR rewards. The APR may vary each day.
Reward programs and VIP perks
Flipster makes it easy (and profitable) to trade via a host of reward systems:
Referral program: Earn commissions on your referrals’ trades and deposits.
VIP program: Elite traders receive trade-rebates, VIP pools, and campaign APRs on their behalf.
Rewards hub: New members complete actions (such as depositing or trading) to get 150 USDT worth of bonuses.
Launchpool and airdrops
On Flipster's Launchpool, users stake tokens for USDT rewards every day – it's an easy and convenient way to earn passive income. Also, the platform launches airdrops that provide users with an opportunity to win USDT by participating in promotions.
Flipster fees overview
The fee structure is one of Flipster’s strengths. Here’s a breakdown:
Fee type Details Trading fees 0% on all perpetual swap contracts Deposit fees None (network fees may apply) Withdrawal fees Vary by coin (e.g., 0.001 BTC for Bitcoin withdrawals, 0.3 USDT for TRC20)
This zero-fee trading model is what makes Flipster particularly attractive to busy traders who are seeking low costs.
Security features
When it comes to cryptocurrency management, security is an absolute necessity. Flipster takes this seriously and implements several tough measures aligned with the industry:
KYC/AML compliance: All users have to get their identity verified to avoid fraud and laundering.
Two-factor authentication (2FA): Ensures an extra layer of security for logins and transactions.
Cold wallet: Most user funds are stored offline, which prevents hacking.
Proof-of-reserves: Flipster releases PoR updates daily to make sure that all the user funds are 1:1.
The security protocols on Flipster as well as its AML/KYC compliance makes the exchange a safe crypto trading environment. Cold wallets and 2FA provide an additional layer of security.
However, like with any crypto exchange, caution is paramount. Users should not disable 2FA, should always use complex passwords, and keep large amounts of funds well protected.
Who should use Flipster?
Flipster is the perfect choice for:
Active traders: The zero-fee pricing model and premium tools make it perfect for the frequent traders.
Altcoin fans: Flipster currently supports more than 250 tokens, making trading quite extensive.
Experienced traders: The high leverage and advanced order types target experienced traders.
However, Flipster is not an optimal choice for beginners, as there is no demo account and you can’t deposit money using fiat currency.
FAQs
Is Flipster safe?
Yes, Flipster uses enterprise-level security to protect your assets and personal data. They adhere to bank-grade security measures and conduct security inspections regularly.
What are the fees on Flipster?
Flipster does not charge fees for spot trading or perpetual swap contracts. You can find an in-depth fee summary on their website.
Does Flipster work in my country?
Flipster is not available in all countries. You can find the list of supported countries on their website.
Final verdict: Is Flipster worth it?
With zero fees, high liquidity and a comprehensive range of crypto, Flipster has established itself as the go-to trading platform for crypto traders. Its emphasis on perpetual futures trading and innovative offerings such as the Earn Campaign and features like Instant Flips differentiates it from other platforms.
To be sure, the platform isn't perfect. It's missing demo accounts and support for fiat currency deposits. Still, it excels in areas that matter to many traders – Flipster is cost-efficient, has intuitive trading features and provides reliably security.
If you live in a country where Flipster is available and you are interesting in exploring the crypto derivatives markets, Flipster is certainly worth checking out.
