Flipster sets the liquidation priority ranking considering position profit and leverage so that more profitable and higher leveraged traders are deleveraged with priority. The priority ranking determines which positions are closed first during the liquidation process. Standard Liquidation Priority Rankings:Highest ...Read more
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
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Shiraverse Latest Questions
Traders should choose based on their risk tolerance and trading strategy:Cross Margin: Suitable for traders who prefer flexibility and have a high risk tolerance. It’s beneficial if they want to use profits from one position to support other positions but ...Read more
A Taker order is one that takes liquidity from the order book and gets filled immediately (partially or fully). A Taker fee is charged upon the execution of these orders. A market order, which always takes liquidity out of the ...Read more
Yes, limit orders can be considered both Maker and Taker orders depending on the order price placed.For long positions:Maker: Order price must be lower than the current market price. Taker: Order price must be higher than the current market price.For short ...Read more
The trading fee is calculated using the formula: Trading Fee = Filled Quantity * Executed Price * Maker/Taker Fee
Sure! Here are two examples:Trader A: Executes a Maker order for 2 BTCUSDT perpetual swap contracts at 30,000 USDT. If the Maker fee rate is 0.02%, the Maker fee will be:2 BTC×30,000 USDT×0.02%=12 USDT2 \text{ ...Read more
Currently, Flipster does not charge any trading fees for perpetual swaps. The fee structure is as follows:Category Maker Fee Taker FeePerpetual Swaps 0% 0%
Delisting refers to the process of removing assets from the exchange so that they can no longer be traded.
Delisting can occur for various reasons, including requests from the asset management team, failure to meet exchange listing requirements, or regulatory issues.
When an asset is delisted, users will be notified to take action:Close out their positions Convert the affected asset for another asset Withdraw their assets from the platformFurther reminders will be sent before trading functionality is suspended completely. Once delisted, users ...Read more