The default price shown on the Flipster trading chart is the Mid Price. However, liquidation is triggered by the Mark Price. Once the Mark Price reaches the liquidation price of a position, the position will be liquidated. This means ...Read more
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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.
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To avoid confusion, ensure you are looking at the correct trading chart. You can switch between the Mid Price and Mark Price charts via the web browser or mobile app. Example:Position: BUY Stop-loss: 60,200 USDT Liquidation Price: 60,000 USDTIf the Mark Price ...Read more
Trading in cryptocurrency involves risk and potential losses. Before ...Read more
Understanding the differences between Margin and Position Size is crucial for shaping trading strategies and outcomes. Methods to place orders on Flipster:Margin:Pros: Precise control over the margin allocated for each trade. Cons: Quantity of contracts fluctuates based on the opening price.Position Size:Pros: ...Read more
Steps to place Market Orders using Margin:Click on [Market]. Choose the Leverage. Select [Margin]. Input the margin balance under [Margin]. Execute the order by clicking either on Long or Short (depending on your trading direction).Example:Market Price: Instantly buy or sell at the best ...Read more
Steps to place Market Orders using Position Size:Click on [Market]. Choose the Leverage. Select [Position Size]. Input the contract quantity under [Position Size]. Execute the order by clicking either on Long or Short (depending on your trading direction).Note: Price of the symbol ...Read more
Steps to place Trigger Orders using Margin:Click on [Trigger]. Indicate the Trigger Price. Choose the Leverage. Select [Margin]. Input the margin balance under [Margin]. Execute the order by clicking either on Long or Short (depending on your trading direction).Example:Trigger Price: Set a specific price ...Read more
Steps to place Trigger Orders using Position Size:Click on [Trigger]. Indicate the Trigger Price. Choose the Leverage. Select [Position Size]. Input the contract quantity or price under [Position Size]. Execute the order by clicking either on Long or Short (depending on your trading direction).
Time-In-Force (TIF) determines how long an order remains active before it is executed or canceled. Flipster supports three common TIFs:Good Till Cancel (GTC):Description: Remains active until fully executed or manually canceled. Use Case: Commonly seen in maker limit orders, where ...Read more
Max Slippage is the predefined threshold that determines the maximum allowable difference between the trigger price and the upper or lower limit executed price of a trade. It prevents excessive slippage during market volatility, ensuring orders are not executed at ...Read more