(Press release – Seychelles, Seychelles, July 17, 2023)
As part of the launch named Flipster (formerly AQX), the business today announced an additional USD 1,500,000 worth of bonus rewards to encourage new users to join and trade on its exchange. Until the rewards are fully distributed, the futures exchange will run at least one campaign per week to encourage new users to signup and trade derivatives on the Flipster platform. Under the old name, the exchange has already provided bonuses worth over 400,000USDT in previous campaigns.
The first promotion in the series began on July 17, 2023 (running for seven days). A whopping 110,000 USDT has been allocated in bonuses. 10,000 USDT to reward new users upon completing identity verification with a 10 USDT bonus. The remaining 100,000 USDT bonus is meant to encourage and reward high volume traders who give the platform a chance. The top performer by trading volume will be rewarded with 10,000 USDT in bonus at the end of the weekly campaign.
Flipster has re-imagined futures trading with a mobile-first approach to appeal to casual crypto traders with limited experience in derivatives trading (or, as they say, flipping).
This method is meant to specialize in derivatives trading, thereby minimizing the app experience to make it fast to learn and easy to use. Novice traders can open, close and monitor positions from anywhere. What this potentially means is that some users could make more money taking the bus to work than on their labor days. In addition to ease of use, the portable experience makes trading fun and seem less of a technical chore.
Initially trending towards a mobile-first approach after having a web experience similar to other futures exchanges. The traditional UI for futures trading has a faster learning curve and is significantly more technical, which contrasts strongly with the UI most contemporary app users have become familiar with. The data concluded that users new to derivatives were not attracted to the experience as it was designed for experienced traders. The Flipster team has explored a few alternative UIs for futures trading and none have been successfully built to onboard new users to large scale crypto futures trading.
While the focus is on simplicity, Flipster has features that will pique the interest of even experienced traders. The exchange regularly adds new perpetual swap contracts, and as of today, over 120 assets can be traded with leverage, making Flipster a competitive exchange for traders to consider. Among their assets are tokens that are not available for futures on other exchanges and some even have low visibility in the spot markets.
“The team has been working very hard to bring this new approach to futures trading to life, and now is the right time to encourage users to trade with us,” said CEO Yongjin Kim. Once users start trading on our platform, they will come back again and again. Instead of copying what every other exchange has done, we are doing something new, and I believe the market is ready for some injection of fresh ideas. To our existing users, I want to thank you for being with us, and to the new ones coming in, welcome.”
Get started by creating a Flipster account flipster.xyz
about flipster
Founded in 2021, Flipster (formerly AQX) is the industry’s leading easy-to-use crypto derivatives trading platform. It provides users with an all-in-one platform to trade over 120 tokens with leverage of up to 50x. embarked on flipster.xyz To join online or download the app and Play Store. For media inquiries including interviews with the team, contact pr@flipster.xyz
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