What is Flipster?

They offer 350+ perpetual trading pairs, which is fantastic if you enjoy futures trading. However, if you prefer spot trading, you might be a little disappointed because the selection there is limited. On the bright side, they have solid staking options, a launchpool for earning new coins, and a bunch of reward programs. So, if you’re an active trader looking for advanced features and a low-cost trading experience, Flipster might be worth checking out.

Key Features and Advantages of Flipster Exchange

What makes Flipster different from the rest? Here’s the rundown:

Negatives and Disadvantages of Flipster

While Flipster has its advantages, there are some downsides:

What Services Does Flipster Offer?

Trade 350+ perpetual contracts:  One of the most impressive aspects of Flipster is the range of perpetual contracts available—over 350! This solid selection features well-known, high-volume assets, eliminating the need to sift through low-liquidity coins that might not last long.

Major cryptocurrencies such as BTC, ETH, XRP, SOL, and BNB are included, along with a selection of meme coins like SHIB, DOGE, TRUMP, and PEPE. For those looking for coins with more utility, options like ALGO, RENDER, GRASS, and ORDI are available.

Flipster also allows trading with leverage—up to 100x on some assets. However, be cautious: high leverage can be risky, and if the market moves against you, you could lose your entire position in seconds. Only engage in leverage trading if you know what you’re doing.

Spot trading with high liquidity and instant order execution:  If you prefer lower-risk trading, Flipster also offers spot trading, which allows you to buy and sell at real-time market prices while actually owning the asset. However, the selection is limited to just five cryptocurrencies (BTC, ETH, XRP, SOL, and TRX).

Despite this limitation, the liquidity was impressive—every order I placed was executed instantly, which is a significant advantage. Flipster claims to partner with a designated market maker to ensure consistent liquidity, and based on my experience, this seems to hold true.

Advanced trading tools and in-depth analysis:  One of the first things I look for in an exchange is whether it provides good trading tools. Flipster did not disappoint in this area.

Instead of relying on third-party charting software, they’ve built their system, which I found to be surprisingly smooth and customizable. I could adjust the chart timeframe from as short as one second to a full day, and there were multiple chart types—candlesticks, bars, lines, and more. Plus, plenty of drawing tools to help analyze price movements.

A standout feature was the built-in technical indicators. Rather than scrolling through endless lists, I could just type the name of an indicator in the search bar, and it would pop up instantly.

Furthermore, each asset’s trading page included an information section with a quick breakdown of the coin, its website, and its whitepaper—super handy for checking out new assets without leaving the platform.

Setting up trades was also straightforward. The right-side panel allowed me to customize everything—stop loss, trigger orders, leverage, margin, order price, and more. Below the chart, I could track my open positions, pending orders, and even see upcoming economic events that might affect the market.

User-friendly interface:  Navigating Flipster was a breeze. Signing up was quick—I could use my email or link a Google/Apple account. Once logged in, everything was clearly laid out.

The trading section was divided between spot and perpetual markets, and clicking either one took me straight to the relevant trading page. The market overview section was also handy for quickly checking prices and trends.

Other key features—such as deposits, withdrawals, account settings, staking, customer support—were always just a click away. I never felt lost or overwhelmed, which is a big plus for any trading platform.

Rewards Hub - New User Incentives:  New users on Flipster can benefit from the Rewards Hub, offering up to 150 USDT in bonus rewards for completing simple tasks upon signing up. These tasks are designed to help beginners get started and include steps like verifying your identity (KYC), making a deposit, and achieving trading volume milestones. 

If users complete all new user tasks within 30 days, they will receive an extra bonus of 10 USDT. The Rewards Hub can be accessed via the mobile app by tapping the gift icon on the Assets page, and it is available only to brand-new accounts with no prior deposits. 

By the time users finish the tasks, they could have 150USDT in rewards to trade with, ensuring a positive start on Flipster. Please note that the bonuses are credited after a 7-day waiting period once all tasks are completed and require that the minimum deposit be maintained during that time.

Earn up to 22% APR with staking:  If you’re more of a long-term holder, Flipster Earn offers staking options that might be worth checking out. Currently, you can stake USDT, BTC, and ETH with the following rates:

• USDT – 15% APR (or up to 22% if your trading volume hits $250K)

• BTC – 5% APR

• ETH – 5% APR

USDT offers the best deal, and since it’s a stablecoin, there’s no risk of price volatility affecting your earnings.

There’s also a daily 2,000 USDT Earn pool, but to qualify, you’d need at least $3M in trading volume over the past 15 days. This is definitely geared toward high-volume traders, but if that fits your style, it could be a nice bonus. 

Promotions:  Flipster is launching the Million-Dollar Fest, a USDT staking initiative, on March 17, 2025. The program will feature a total prize pool of 1.1 million USDT, which includes 100,000 USDT allocated for position airdrops. 

Over a seven-day period, the initiative will introduce staking multipliers, enabling participants to engage in the program while retaining full liquidity. As market volatility continues to affect trading dynamics, traders are looking for strategies that balance capital efficiency with risk management. The Million-Dollar Fest offers a structured staking initiative, providing participants with an opportunity to utilize their USDT holdings while keeping their liquidity intact.

Mobile Trading Apps for Android & iOS:  While I prefer trading on my computer, Flipster’s mobile app is a solid option for trading on the go. It’s available for both Android and iOS.

I installed the app to test it out, and I was pleasantly surprised— all the features of the desktop version were available. I could check the markets, customize charts, use trading tools, and place buy/sell orders easily. The UI was smooth, and placing trades was just as straightforward as on the web platform.

Deposits, withdrawals, account settings, and support were all accessible from the mobile app, so I didn’t feel like I was missing anything when trading from my phone.

Launchpool with rewards and early entry:  Nobody likes missing out on the next big coin, and that’s where Flipster’s Launchpool comes in. It allows traders to stake existing assets to earn newly launched tokens before they hit the market.

Exclusive perks with VIP, affiliate, and referral program:  Flipster offers several ways to earn extra perks beyond just trading:

1. VIP Program – Perks include trading rebates, higher staking APR, exclusive rewards, and better commission rates. But qualifying isn’t easy—you either need $3M+ in trading volume over 15 days or maintain an average balance of 50K USDT. While I didn’t qualify, it could be worth it for high-rollers.

2. Affiliate Program – Earn commissions when someone you refer trades on Flipster. This includes a dedicated account manager and exclusive rewards.

3. Referral Program – Similar to the affiliate program, you also earn 4% APR on your referral’s deposits.

Helpful customer support:  A solid support team is essential for any exchange, and Flipster delivers in this regard. They offer two ways to get help:

• Live Chat – Initially, you go through a bot, but if your issue isn’t resolved, you’re connected to a real agent. When I tested it, the agent was quick, professional, and helpful.
• Ticket System – If you don’t need immediate help, you can submit a support ticket and wait for a response.

In both cases, I had a good experience with their customer service, which is reassuring when dealing with financial transactions.

Proof of Reserves (PoR):  Flipster is transparent about its asset holdings, showing exactly what it has in reserve, along with wallet addresses and asset ratios. It’s always reassuring to know that an exchange actually holds the funds it claims to. They periodically publish Proof of Reserves audits on their website to verify that all customer assets are fully backed 1:1 by corresponding reserves. By updating the Proof of Reserves daily, Flipster enhances accountability and reassures users that their money is safe and securely held.

Security & account protection:  Flipster takes security seriously, which is essential when dealing with crypto. One of the first things I noticed is that you can't deposit funds until you verify your identity. This adds a layer of protection against fraud activities.

The website is SSL- encrypted, and Flipster conducts regular security audits to make sure user data stays safe.

On the user side, there are plenty of options to lock down your account:

✅ Two-factor authentication (2FA) – A must-have for extra security.

✅ Email & phone verification – Adds an additional layer of protection.

✅ Account activity tracking – This feature allows you to monitor transactions, trades, and open positions in real time.

I personally enabled 2FA, email alerts, and phone verification, and I recommend doing the same for added peace of mind.

MPC technology, cold storage custody and advanced security measures:  Flipster utilizes Fireblocks’ industry-leading security infrastructure to enhance cold wallet management and asset protection. By implementing Fireblocks’ Multi-Party Computation (MPC) technology, Flipster eliminates single points of failure, introduces multi-signature protocols, and maintains a high standard of security. Additionally, Flipster employs enterprise-grade encryption and real-time threat detection to identify and prevent unauthorized access. As an ISO/IEC 27001:2022 certified platform, Flipster upholds globally recognized security standards for comprehensive data protection and risk mitigation. To further strengthen its defenses, Flipster conducts rigorous penetration testing and continuous security audits, proactively identifying vulnerabilities and enhancing its overall security framework.

What I Don't Like About Flipster

While I had a generally good experience, there are a few areas for improvement.

Limited spot market selection:  One of my biggest issues with Flipster is the lack of variety in its spot trading section. At the time of writing, they only offer five spot trading pairs—BTC, ETH, XRP, SOL, and TRX.
If you primarily trade in spot markets, Flipster probably isn’t the best fit. The platform is more focused on perpetual contracts, which is great for leverage traders but limiting for those who just want to buy and hold assets.

I hope they expand their spot market offerings over time.

Rigorous verification process:  I understand that security is crucial, and I appreciate exchanges that take verification seriously. However, Flipster's KYC (Know Your Customer) process felt a bit time-consuming.
When I first signed up, I wasn’t able to deposit or trade—until I completed full verification. This included:

✅ ID verification (pretty standard)
✅ Address verification (a bit more tedious)
✅ Proof of funds (unusual for an exchange at signup)

While I recognize the importance of compliance, this was a lot to deal with right after signing up. Other exchanges may allow users to deposit and trade small amounts before full verification. If Flipster could streamline this process, it would greatly enhance the overall experience.

Flipster Fees

Flipster Deposit Fees

The good news? Flipster doesn’t charge any deposit fees. Whatever you send to the platform arrives without any additional cost from them.

The catch? You’ll still have to pay blockchain network fees.

• If you deposit from a crypto wallet, you’ll pay a gas fee (which depends on the blockchain).
• If you deposit from another exchange, that exchange might charge you a withdrawal fee.

So while Flipster itself doesn’t take a cut, you may still have to factor in external fees depending on how you fund your account.

Flipster Trading Fees

I was impressed that Flipster doesn’t charge trading fees—not even the typical maker/taker fees most platforms use.

For context:

• Most exchanges charge 0.01% to 0.04% per trade.

• Flipster? Completely free.

This is significant, particularly for high-frequency traders used to paying fees on each trade.

Flipster Withdrawal Fees

Unlike deposits, Flipster does charge withdrawal fees—but the amount depends on the specific asset.

To see the fee for your withdrawal, you have to:

1. Go to the withdrawal page.

2. Select the asset you want to withdraw.

3. Enter the withdrawal address.

4. The fee will be displayed before you confirm.

Since withdrawal fees vary, it’s best to check before transferring to avoid surprises. Some assets have low fees, while others (especially Ethereum-based tokens) can be expensive due to network congestion.

Pros and Cons of Flipster

The Verdict

Overall, I really enjoyed trading on Flipster. The platform offers a wide range of perpetual contracts, making it a great choice for futures traders. The advanced trading tools, deep liquidity, and zero trading fees all add to its appeal.

However, Flipster is primarily geared toward futures traders rather than spot traders. If you’re looking for a spot trading platform with hundreds of assets, this may not be the best fit. But if you're into perpetual contracts and want an easy-to-use yet powerful exchange, Flipster is definitely worth exploring.

Additionally, the earning features (staking, referral rewards, VIP perks) are a nice bonus. The platform also demonstrates strong security and transparency, with Proof of Reserves (PoR).

Final verdict? If you're into futures trading and are looking for zero fees, fast execution, and solid security, Flipster is a strong contender. 

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