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Flipster Announces Collaboration with Tether

Warsaw, Poland, August twentieth, 2024, Chainwire

Flipster, one of many main crypto derivatives buying and selling platforms, is itemizing Tether Gold (XAU₮) issued by TG Commodities Limited to its platform, offering customers with new alternatives 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 have a good time the introduction of Tether Gold on its platform, Flipster has launched two thrilling campaigns designed to reward customers for partaking with this new providing:

  • Complete prize pool: 60,000 USD₮
  • Each day rewards: Win as much as 12,000 USD₮ day by day by staking XAU₮ and changing crypto to XAU₮.
  • Marketing campaign dates: 20 August 00:00 UTC to 25 August 00:00 UTC

2. Tether Conversion Marketing campaign

  • Incomes as much as 24% APR: Changing staked XAU₮ to USD₮ and incomes as much as 24% APR, along with different ongoing campaigns, on the consumer’s complete USD₮ pockets stability.
  • Marketing campaign dates: 25 August 00:00 UTC to eight September 00:00 UTC

By including Tether Gold to its platform, Flipster continues to construct on its fame as a forward-thinking platform that gives customers with the instruments they should navigate the evolving digital asset panorama.

“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,” stated Kim.

About Flipster

Flipster is among the many fastest-growing crypto derivatives buying and selling platforms, providing lightning-fast perpetual futures listings on the most recent cryptocurrencies. The straightforward-to-use platform offers customers with an all-in-one buying and selling expertise with leverage of as much as 100x on over 250 tokens with excessive liquidity and nil buying and selling charges. For media enquiries or interview requests with the workforce, please attain out to [email protected]

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About Tether and USD₮

Tether is a pioneer in stablecoin know-how, pushed to revolutionize the worldwide monetary panorama, its mission is to offer accessible, safe, and environment friendly monetary, communication, and power infrastructure. Tether allows better monetary inclusion and communication resilience, fosters financial development, and empowers people and companies.

Because the creator of the trade’s largest, most clear, and liquid stablecoin, Tether is devoted to constructing sustainable and resilient infrastructure to profit underserved communities. By leveraging cutting-edge blockchain and peer-to-peer know-how, it’s dedicated to bridging the hole between conventional monetary techniques and the potential of decentralized finance.

About Tether Gold (USD₮)

Tether Gold (Gold) is a digital asset supplied by TG Commodities Restricted. One full USD₮ token represents one trou nice ounce of gold on a London Good Supply bar. XAU₮ is accessible as an ERC-20 token on the Ethereum blockchain, The token could be traded or moved simply at any time, wherever on the earth, and could be transferred to any on-chain tackle from the purchaser’s Tether pockets the place it’s issued after buy. The allotted gold is identifiable with a singular serial quantity, purity, and weight and is redeemable within the type of bodily gold.

Necessary Word

This press announcement shouldn’t be a suggestion to promote or the solicitation of a suggestion to purchase Tether Gold (XAU₮). TG Commodities Restricted will solely promote or redeem XAU₮ pursuant to its gold token terms of sale and service obtainable (as of the date of this press launch).

Model Advertising and marketing Supervisor

Shirlyn Tan

Flipster

[email protected]

DailyBlockchain.News Admin

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