Flipster Announces Collaboration with Tether

Warsaw,
Poland,
August
20th,
2024,
Chainwire

Flipster,
one
of
the
leading
crypto
derivatives
trading
platforms,
is
listing
Tether
Gold
(XAU₮)
issued
by

TG
Commodities
Limited
to
its
platform,
providing
users
with
new
opportunities
to
deposit,
withdraw,
and
convert
the
gold-backed
digital
asset.

Flipster
CEO
Yongjin
Kim
commented:
“Tether
continues
to
lead
the
stablecoin
market,
maintaining
the
highest
market
cap
among
its
peers.
As
blockchain
technology
evolves,
there
is
growing
interest
in
real-world
assets
like
gold
being
brought
on-chain.
Tether
is
well-positioned
to
capitalize
on
this
trend,
offering
products
like
Tether
Gold
that
provide
users
with
a
way
to
gain
exposure
to
the
value
and
stability
of
gold.”

To
celebrate
the
introduction
of
Tether
Gold
on
its
platform,
Flipster
has
launched
two
exciting
campaigns
designed
to
reward
users
for
engaging
with
this
new
offering:

1.

Tether
Gold
Launchpool

Total
prize
pool:
60,000
USD₮
Daily
rewards:
Win
up
to
12,000
USD₮
daily
by
staking
XAU₮
and
converting
crypto
to
XAU₮.
Campaign
dates:
20
August
00:00
UTC
to
25
August
00:00
UTC

2.
Tether
Conversion
Campaign

Earning
up
to
24%
APR:
Converting
staked
XAU₮
to
USD₮
and
earning
up
to
24%
APR,
in
addition
to
other
ongoing
campaigns,
on
the
user’s
entire
USD₮
wallet
balance.
Campaign
dates:
25
August
00:00
UTC
to
8
September
00:00
UTC

By
adding
Tether
Gold
to
its
platform,
Flipster
continues
to
build
on
its
reputation
as
a
forward-thinking
platform
that
provides
users
with
the
tools
they
need
to
navigate
the
evolving
digital
asset
landscape.

“At
Flipster,
we
are
thrilled
to
offer
access
to
these
innovative
assets,
empowering
our
users
to
explore
real-world
asset
opportunities
and
enhancing
our
platform’s
appeal
as
a
comprehensive
trading
hub,”
said
Kim.

About
Flipster

Flipster
is
among
the
fastest-growing
crypto
derivatives
trading
platforms,
offering
lightning-fast
perpetual
futures
listings
on
the
latest
cryptocurrencies.
The
easy-to-use
platform
provides
users
with
an
all-in-one
trading
experience
with
leverage
of
up
to
100x
on
over
250
tokens
with
high
liquidity
and
zero
trading
fees.
For
media
enquiries
or
interview
requests
with
the
team,
please
reach
out
to

[email protected].

About
Tether
and
USD₮

Tether
is
a
pioneer
in
stablecoin
technology,
driven
to
revolutionize
the
global
financial
landscape,
its
mission
is
to
provide
accessible,
secure,
and
efficient
financial,
communication,
and
energy
infrastructure.
Tether
enables
greater
financial
inclusion
and
communication
resilience,
fosters
economic
growth,
and
empowers
individuals
and
businesses.

As
the
creator
of
the
industry’s
largest,
most
transparent,
and
liquid
stablecoin,
Tether
is
dedicated
to
building
sustainable
and
resilient
infrastructure
to
benefit
underserved
communities.
By
leveraging
cutting-edge
blockchain
and
peer-to-peer
technology,
it
is
committed
to
bridging
the
gap
between
traditional
financial
systems
and
the
potential
of
decentralized
finance.

About
Tether
Gold
(USD₮)

Tether
Gold
(Gold)
is
a
digital
asset
offered
by
TG
Commodities
Limited.
One
full
USD₮
token
represents
one
trou
fine
ounce
of
gold
on
a
London
Good
Delivery
bar.
XAU₮
is
available
as
an
ERC-20
token
on
the
Ethereum
blockchain,
The
token
can
be
traded
or
moved
easily
at
any
time,
anywhere
in
the
world,
and
can
be
transferred
to
any
on-chain
address
from
the
purchaser’s
Tether
wallet
where
it
is
issued
after
purchase.
The
allocated
gold
is
identifiable
with
a
unique
serial
number,
purity,
and
weight
and
is
redeemable
in
the
form
of
physical
gold.

Important
Note

This
press
announcement
is
not
an
offer
to
sell
or
the
solicitation
of
an
offer
to
buy
Tether
Gold
(XAU₮).
TG
Commodities
Limited
will
only
sell
or
redeem
XAU₮
pursuant
to
its
gold
token
terms
of
sale
and
service
available
(as
of
the
date
of
this
press
release)
at

gold.tether.to/legal.

Contact

Brand
Marketing
Manager
Shirlyn
Tan
Flipster
[email protected]

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