As part of the launch of the Flipster (formerly AQX) name, the company today announced an additional $1,500,000 in additional 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 sign up and trade derivatives on the Flipster platform. With the old name, the exchange has already released more than 400,000 USDT in bonuses in previous campaigns.
The first promotion for the series started on July 17, 2023 (for seven days). Massive bonuses of 110,000 USDT have been allocated. 10,000 USDT to reward new users for completing identity verification with a 10 USDT bonus. The remaining 100,000 USDT bonus is to incentivize and reward high volume traders who give the platform a try. Top performers by trading volume will be rewarded with a bonus of 10,000 USDT at the end of the weekly campaign.
Flipster reinvented futures trading with a mobile-first approach to appeal to casual cryptocurrency traders with limited experience trading derivatives (or as they say, Flipping).
The method is to specialize in derivatives trading, stripping away the app experience to make it quicker to learn and easier to use. Novice traders can open, close and monitor positions from any location. Potentially meaning that some users may earn more money on the bus to work than they do on their workdays. In addition to the ease of use, the portable experience makes trading fun and feels less like a technical task.
The shift to a mobile-first approach came after initially having a web experience similar to other futures exchanges. The traditional user interface for futures trading has a steep learning curve and is considerably more technical, which is in stark contrast to the user interface most contemporary application users have become familiar with. The data concluded that new derivatives users were not attracted to this experience as it was created for experienced traders. The Flipster team has discovered few alternative user interfaces for futures trading and none that have been successfully built to onboard new users to cryptocurrency futures trading at scale.
About Flipster
Founded in 2021, Flipster (formerly AQX) is the industry’s easy-to-use crypto derivatives trading platform. It offers users a complete platform that trades over 120 tokens with up to 50x leverage. Start at flipster.xyz to go online or download the app and Play Store. For media inquiries, including staff interviews, please contact pr@flipster.xyz