The collaboration between Flipster and Tether has been announced.
Warsaw, Poland, August 20th, 2024, Chainwire
Flipster As one of the top trading platforms for cryptocurrency derivatives, Flipster is now featuring Tether Gold (XAU₮), a product issued by Tether. TG Commodities Limited With the addition of Tether Gold to their offerings, Flipster gives users fresh ways to deposit, withdraw, and convert this gold-backed digital asset.
Yongjin Kim, the CEO of Flipster, highlighted: “Tether is at the forefront of the stablecoin sector, boasting the largest market capitalization compared to its rivals. As blockchain technology continues to progress, there’s a growing demand for integrating real-world assets like gold. Tether is strategically positioned to take advantage of this trend by offering innovative products such as Tether Gold, which enables users to benefit from the stability and value associated with gold.”
To celebrate the launch of Tether Gold on their platform, Flipster has kicked off two exciting campaigns to reward users who engage with this new asset:
- Total prize pool: 60,000 USD₮
- Users can partake in daily rewards, having the chance to win up to 12,000 USD₮ by staking XAU₮ or converting cryptocurrency into XAU₮.
- These campaigns will run from August 20 at 00:00 UTC to August 25 at 00:00 UTC.
2. Tether Conversion Campaign
- Additionally, users have the opportunity to earn up to 24% APR by converting their staked XAU₮ into USD₮, coupled with other ongoing promotions that apply to their entire USD₮ wallet.
- This promotional period runs from August 25 at 00:00 UTC to September 8 at 00:00 UTC.
By integrating Tether Gold into its offerings, Flipster is further solidifying its reputation as an innovative platform that equips users with essential tools to navigate the ever-changing landscape of digital assets.
“We are excited at Flipster to provide access to these groundbreaking assets, giving our users the ability to explore investment opportunities in real-world assets, and enhancing our platform as a one-stop trading destination,” remarked Kim.
About Flipster
Flipster Flipster is quickly becoming one of the fastest-growing trading platforms in the crypto derivatives space, featuring rapid-fire listings for perpetual futures on cutting-edge cryptocurrencies. The platform is user-friendly and offers an all-in-one trading experience with leverage capabilities of up to 100x on over 250 tokens, all while maintaining high liquidity and zero trading fees. For media inquiries, please reach out to us.
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About Tether and USD₮
Tether stands as a pioneer in the realm of stablecoins, enthusiastic about transforming the global financial scene. Their mission is all about creating accessible, safe, and efficient financial solutions across communication and energy sectors. Tether is dedicated to fostering economic growth and empowering both individuals and businesses while achieving enhanced financial inclusion and resilience.
As the architect of the largest and most transparent stablecoin in the industry, Tether is committed to constructing sustainable infrastructure that benefits marginalized communities. They utilize advanced blockchain and peer-to-peer technologies to bridge the gap between traditional finance and the promising future of decentralized finance.
About Tether Gold (USD₮)
Tether Gold (XAU₮) is a digital asset provided by TG Commodities Limited, where one full USD₮ token equals one troy ounce of gold as per the London Good Delivery standard. Available as an ERC-20 token on the Ethereum blockchain, XAU₮ can be effortlessly traded or transferred anytime, anywhere. Post-purchase, it can be transferred from the user's Tether wallet to any on-chain address. The allocated gold is uniquely identifiable via its serial number, purity, and weight, and is fully redeemable for physical gold.
Important Note
This press release does not constitute an offer to sell or solicit an offer to purchase Tether Gold (XAU₮). Sales or redemptions of XAU₮ will only occur in accordance with TG Commodities Limited’s terms of sale and service, which are accessible (as of the date of this announcement) at our website. gold.tether.to/legal .
Contact
Brand Marketing Manager
Shirlyn Tan
Flipster
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