Warsaw, Poland, August 20th, 2024,
Chainwire
Flipster, one of the leading crypto derivatives
trading platforms, is listing Tether Gold (XAU₮) issued by TG Commodities Limited to its platform, providing
users with new opportunities 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 celebrate the introduction of Tether Gold on its platform,
Flipster has launched two exciting campaigns designed to reward
users for engaging with this new offering:
1. Tether Gold Launchpool
- Total prize pool: 60,000 USD₮
- Daily rewards: Win up to 12,000 USD₮ daily by staking XAU₮ and
converting crypto to XAU₮.
- Campaign dates: 20 August 00:00 UTC to 25 August 00:00 UTC
2. Tether Conversion Campaign
- Earning up to 24% APR: Converting staked XAU₮ to USD₮ and
earning up to 24% APR, in addition to other ongoing campaigns, on
the user's entire USD₮ wallet balance.
- Campaign dates: 25 August 00:00 UTC to 8 September 00:00
UTC
By adding Tether Gold to its platform, Flipster continues to
build on its reputation as a forward-thinking platform that
provides users with the tools they need to navigate the evolving
digital asset landscape.
“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,” said Kim.
About Flipster
Flipster is among the fastest-growing crypto
derivatives trading platforms, offering lightning-fast perpetual
futures listings on the latest cryptocurrencies. The easy-to-use
platform provides users with an all-in-one trading experience with
leverage of up to 100x on over 250 tokens with high liquidity and
zero trading fees. For media enquiries or interview requests with
the team, please reach out to pr@flipster.io.
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About Tether and USD₮
Tether is a pioneer in stablecoin technology, driven to
revolutionize the global financial landscape, its mission is to
provide accessible, secure, and efficient financial, communication,
and energy infrastructure. Tether enables greater financial
inclusion and communication resilience, fosters economic growth,
and empowers individuals and businesses.
As the creator of the industry’s largest, most transparent, and
liquid stablecoin, Tether is dedicated to building sustainable and
resilient infrastructure to benefit underserved communities. By
leveraging cutting-edge blockchain and peer-to-peer technology, it
is committed to bridging the gap between traditional financial
systems and the potential of decentralized finance.
About Tether Gold (USD₮)
Tether Gold (Gold) is a digital asset offered by TG Commodities
Limited. One full USD₮ token represents one trou fine ounce of gold
on a London Good Delivery bar. XAU₮ is available as an ERC-20 token
on the Ethereum blockchain, The token can be traded or moved easily
at any time, anywhere in the world, and can be transferred to any
on-chain address from the purchaser’s Tether wallet where it is
issued after purchase. The allocated gold is identifiable with a
unique serial number, purity, and weight and is redeemable in the
form of physical gold.
Important Note
This press announcement is not an offer to sell or the
solicitation of an offer to buy Tether Gold (XAU₮). TG Commodities
Limited will only sell or redeem XAU₮ pursuant to its gold token
terms of sale and service available (as of the date of this press
release) at gold.tether.to/legal.
Contact
Brand Marketing
Manager
Shirlyn
Tan
Flipster
pr@flipster.io