Flipster Pronounces Collaboration with Tether

Warsaw, Poland, August twentieth, 2024, Chainwire

Flipster, one of many main crypto derivatives buying and selling platforms, is itemizing Gold (XAU₮) issued by TG Commodities Restricted 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 guide the stablecoin market, sustaining the best market cap amongst its friends. As blockchain expertise evolves, there may be rising curiosity in real-world belongings like gold being introduced on-chain. Tether is well-positioned to capitalize on this development, providing merchandise like Tether Gold that present customers with a option to achieve publicity to the worth and stability of gold.”

To have fun the introduction of Tether Gold on its platform, Flipster has launched two thrilling campaigns designed to reward customers for participating with this new providing:

1. Tether Gold Launchpool

• Complete prize pool: 60,000 USD₮
• Day by 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 person’s whole 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 popularity as a forward-thinking platform that gives customers with the instruments they should navigate the evolving digital asset panorama.

“At Flipster, we’re thrilled to supply entry to those modern belongings, empowering our customers to discover real-world asset alternatives and enhancing our platform’s enchantment as a complete buying and selling 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 newest cryptocurrencies. The simple-to-use platform supplies 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 crew, please attain out to pr@flipster.io.

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About Tether and USD₮

Tether is a pioneer in stablecoin expertise, pushed to revolutionize the worldwide monetary panorama, its mission is to supply accessible, safe, and environment friendly monetary, communication, and vitality infrastructure. Tether allows larger monetary inclusion and communication resilience, fosters financial progress, 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 expertise, it’s dedicated to bridging the hole between conventional monetary methods and the potential of decentralized finance.

About Tether Gold (USD₮)

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

Vital Word

This press announcement is just not a proposal to promote or the solicitation of a proposal to purchase Tether Gold (XAU₮). TG Commodities Restricted will solely promote or redeem XAU₮ pursuant to its gold token phrases of sale and repair obtainable (as of the date of this press launch) at gold.tether.to/authorized.

ContactModel Advertising and marketing SupervisorShirlyn TanFlipsterpr@flipster.io

This text was initially revealed on Chainwire