Flipster is a worldwide cryptocurrency derivatives exchange is to democratize access to cryptocurrency trading by partnering with BNB Chain, a community-driven blockchain ecosystem, to provide fee-free withdrawals.
Building on Flipster's current zero-fee trading approach, this partnership supports Flipster and BNB Chain's common goal of lowering the cost and increasing the use of cryptocurrency trading. Supporting BNB Chain's gas-free withdrawals initiative will enable Flipster users to transact easily, profit from market moves, and steer clear of slippage and hidden fees.
CEO of Flipster, commented, “We’ve always been focused on building an inclusive and user-centric environment to enhance the trading experience for our users. Collaborating with BNB Chain on fee-free withdrawals is a natural step toward advancing our shared vision of opening up crypto trading to the masses. We are committed to fostering a thriving ecosystem where digital assets are easily accessible to everyone.
Flipster wants to investigate further synergistic activities that speed up the adoption of cryptocurrencies in addition to bridging the gap between traditional banking and crypto. To promote increased ecosystem involvement, this involves building relationships inside the ecosystem, offering easy access to the market, and improving the trading experience overall.
RECOMMENDED FOR YOU
Fintech & Insurtech Innovation Ecosystem Tenity Acquire Hackquarters
Team SR
Nov 14, 2023
[Funding alert] Hamburg-based Novocarbo secures €25 Million in Growth Funding
Team SR
Mar 19, 2024
Gala Wen, Director of Ecosystem Development at BNB Chain, added “Collaborating with Flipster to provide gas-free withdrawals is a key part of our ongoing efforts to lower barriers to entry in the crypto market. By removing withdrawal fees, we empower more users to engage with digital assets and expand access to cryptocurrency, aligning with BNB Chain’s mission to onboard the next billion users into Web3. We look forward to exploring further initiatives with Flipster to enhance user empowerment.”
The Flipster platform is built for deep liquidity, quick trade execution, and no trading costs. Users can withdraw stablecoins till the end of the month without paying additional fees thanks to the integration of BNB Chain's fee-free withdrawals.
Over 98% of asset deposits and withdrawals on Flipster are stablecoins, processing over $10 billion in monthly trading activity and providing services to over a million customers. This makes the zero-fee withdrawal option on BNB Chain even more advantageous for users who want to optimize their profits.
About Flipster
Flipster is a cryptocurrency derivatives exchange that is well-known for its quick transaction executions, great liquidity, zero trading costs, and lightning-fast perpetual futures listings.
About BNB Chain
A blockchain ecosystem led by the community, BNB Chain is lowering obstacles to Web3 adoption. The ecosystem's Builder Support Program also provides a variety of financial and ecological incentives.