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Flipster Review

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

Flipster is a fast-growing cryptocurrency derivatives trading platform that offers over 250+ perpetual futures listings with leverage available of up to 100x.

Its rise to the top has been boosted by its promise of “zero fees with deep liquidity”, regular promotions and activities, listing the latest cryptocurrencies at lightning speed, lower slippage, and powerful features.

Originally going by the name AQX, which stands for “Access, Quality, and Xtraordinary”, Flipster was founded in 2021 to address the many challenges crypto investors face. These challenges included the lack of risk protection, low liquidity, and a lack of features that made it easy to make use of their DeFi assets.

Today, Flipster has become a favorite among those looking to trade altcoin/Bitcoin derivatives with virtually no fees, up to 100x leverage, and instant flips.

Let’s take a closer look at what they have to offer…

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Flipster Features

One of the biggest challenges the crypto space faces today is making a technically complex technology like blockchain and cryptocurrency easily accessible to its users. Exchanges like Binance choose modularity by offering a wide range of features and options that can be overwhelming for newcomers.

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.

Registering for a Flipster account is a quick process that can be completed in a few simple steps. Users who own crypto on another platform or wallet can deposit it to Flipster to start trading.

Trading

As expected, altcoins and Bitcoin derivatives trading are the meat of Flipster. With a selection of more than 250 perpetual futures listings, the platform offers up to 100x leverage.

  • Flipster’s trading feature is characterized by its low slippage, high liquidity, and narrow bid-ask spreads.
  • This, combined with Flipster’s high performance at times of low and high market demand, makes it a great choice for anyone looking to trade cryptocurrency derivatives efficiently.
  • Flipster’s trade feature can be explained in less than 60 seconds: choose a coin, select the leverage, choose a short or long position, and confirm the order.
  • Users who want to use features such as Take Profit/Stop Loss, Instant Flip, Trigger Order, etc, can do so at any time, making Flipster a good choice for veteran and new traders alike.
    • Instant Flip: All it takes is one click to instantly reverse an existing position and open a new position in the opposite direction (long/short). Traders can adjust their trading strategies quickly and easily in response to changing market conditions.
    • Multiple Positions: Open up to five positions or pending orders per symbol, supporting diversification and risk management.
    • Trigger Order: Traders can set instructions to execute a trade only if specific predefined conditions are met, such as price levels and market movements.

Flipster’s trading analysis interface comes with all the tools any experienced trader will need.

While the standard view will be more than enough for a beginner, more advanced traders can also make use of indicators such as:

  • Average Directional Index
  • Relative Volatility Index
  • Price Oscillators
  • Bollinger Bands
  • Moving Averages,
  • RSI

Flipster Earn Campaign

Flipster’s Earn Campaign is all about helping investors maximize their crypto assets, by allowing them to trade using USDT as a margin while earning APR at the same time. By depositing USDT to fund their accounts, users will start earning an APR as high as 20% at the time of writing. The perfect choice for those who are in crypto for the long term, users can put their idle crypto to work during market downturns, ready to be used on the next trading opportunity.

Unlike similar features in other exchanges or platforms, Flipster doesn’t 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 user’s account within 1 business day from the system snapshot.

Launchpool

Flipster’s 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

Flipster’s 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 Flipster’s current fees here.

Withdrawal Fees

Currency Network Withdrawal Withdrawal Fee (Internal)
ALGO Algorand 0.01 ALGO 0 ALGO
ARB Arbitrum One 0.2 ARB 0 ARB
ATOM Cosmos 0.01 ATOM 0 ATOM
AVAX Avalanche C-Chain 0.1 AVAX 0 AVAX
BLAST Blast 1 BLAST 0 BLAST
BNB BNB Smart Chain (BEP20) 0.003 BNB 0 BNB
BONK Solana 50000 BONK 0 BONK
BTC Bitcoin 0.001 BTC 0 BTC
BUSD BNB Smart Chain (BEP20) 1 BUSD 0 BUSD
BUSD Ethereum (ERC20) 10 BUSD 0 BUSD
CELO Celo 0.001 CELO 0 CELO
ETH Ethereum (ERC20) 0.004 ETH 0 ETH
ETH Arbitrum One 0.0001 ETH 0 ETH
ETH Optimism 0.0001 ETH 0 ETH
ETH Blast 0.0001 ETH 0 ETH
FDUSD BNB Smart Chain (BEP20) 1 FDUSD 0 FDUSD
FDUSD Ethereum (ERC20) 10 FDUSD 0 FDUSD
FTM Fantom 0.3 FTM 0 FTM
KLAY Klaytn 0.1 KLAY 0 KLAY
LINK Ethereum (ERC20) 1 LINK 0 LINK
MATIC Polygon 0.05 MATIC 0 MATIC
NEAR NEAR Protocol 0.1 NEAR 0 NEAR
SCA Sui 0.1 SCA 0 SCA
SOL Solana 0.01 SOL 0 SOL
SUI Sui 0.06 SUI 0 SUI
TON TON 0 TON 0 TON
TRX Tron (TRC20) 10 TRX 0 TRX
USDC Solana 2 USDC 0 USDC
USDC Ethereum (ERC20) 10 USDC 0 USDC
USDT TON 0 USDT 0 USDT
USDT BNB Smart Chain (BEP20) 0.3 USDT 0 USDT
USDT Tron (TRC20) 0.3 USDT 0 USDT
USDT Ethereum (ERC20) 10 USDT 0 USDT
USDT Arbitrum One 0.1 USDT 0 USDT
XRP Ripple (XRP) 0.25 XRP 0 XRP

Flipster’s 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 referee’s 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

Flipster’s 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 Flipster’s 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 Flipster’s CEO since August 2022.

The company currently has a team of over 200 employees globally.

Flipster has collaborated with leading brands across industries including Presto Labs, Sumsub, TON, Over Protocol, BONK, Klaytn, and Jasmy.

Conclusion

Flipster’s decision to focus on improving the experience of altcoin and bitcoin derivatives traders through an easy-to-use platform seems to be working.

Not only has it made it easy for the platform to develop its features by prioritizing user-friendliness and functionality, but it has also built more competitive offerings that enable users to elevate their crypto game. The result is a high-performance platform, streamlined user interface, and specialized trading tools.

Flipster caters to both newcomers and experienced traders. The platform’s focus on simplicity, combined with its Earn Campaign and various reward programs, makes it an attractive choice for those looking to maximize their crypto trading experience.

We recommend you take a look.

Visit Flipster

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