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Flipster pronounces partnership with Tether

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Warsaw, Poland, August 20, 2024, Chainwire

Flipster, one of many main crypto derivatives buying and selling platforms, is introducing Tether Gold (XAU₮) issued by TG Commodities Restricted to its platform, offering customers with new alternatives to deposit, withdraw and switch gold-backed digital belongings.

Flipster CEO Yongjin Kim commented: “Tether continues to guide the stablecoin market and maintains the very best market capitalization amongst its friends. As blockchain know-how evolves, there may be rising curiosity in real-world belongings similar to gold being placed on the chain. Tether is properly positioned to capitalize on this pattern, providing merchandise like Tether Gold that present customers with a method to achieve publicity to the worth and stability of gold.”

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

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1. Tether Gold Launchpool

  • Whole prize pool: 60,000 USD₮
  • Every day Rewards: Win as much as $12,000 USD₮ every day by staking XAU₮ and changing crypto to XAU₮.
  • Marketing campaign dates: August 20 00:00 UTC to August 25 00:00 UTC

2. Tether Conversion Marketing campaign

  • Earn as much as 24% APR: Convert XAU₮ staked to USD₮ and earn as much as 24% APR, along with different ongoing campaigns, on the consumer's complete USD₮ pockets steadiness.
  • Marketing campaign dates: August 25 00:00 UTC to September 8 00:00 UTC

By including Tether Gold to its platform, Flipster continues to construct on its status as a forward-thinking platform that gives customers with the instruments they should navigate the evolving digital asset panorama.

“At Flipster, we’re excited to supply entry to those revolutionary belongings, allow our customers to discover real-world asset alternatives and improve the attraction of our platform as a one-stop buying and selling hub,” mentioned Kim.

About Flipster

Flipster is without doubt one of the quickest rising crypto derivatives buying and selling platforms, providing lightning-fast perpetual futures on the newest cryptocurrencies. The straightforward-to-use platform offers customers with an all-in-one buying and selling expertise with as much as 100x leverage on over 250 tokens with excessive liquidity and 0 buying and selling charges. For media inquiries or to request an interview with the group, please contact (e-mail protected).

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About Tether and USD₮

Tether is a pioneer in stablecoin know-how that goals to revolutionize the worldwide monetary panorama and its mission is to offer reasonably priced, safe and environment friendly monetary, communication and power infrastructure. Tether permits larger monetary inclusion and communication resilience, supporting financial development and empowering 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 for the good thing about underserved communities. Using cutting-edge blockchain and peer-to-peer know-how, it’s dedicated to bridging the hole between conventional monetary programs and the potential of decentralized finance.

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About Tether Gold (USD₮)

Tether Gold (Gold) is a digital asset supplied by TG Commodities Restricted. One full USD₮ token represents one pure ounce of gold on a London Good Supply bar. XAU₮ is out there as an ERC-20 token on the Ethereum blockchain, the token will be traded or moved simply anytime, wherever on this planet and will be transferred to any on-chain handle from the client's Tether pockets the place it’s positioned. issued after buy. Allotted gold is identifiable by a singular serial quantity, fineness and weight and is exchangeable within the type of bodily gold.

An essential observe

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

Contact

Model Advertising and marketing Supervisor
Shirlyn Tan
Flipster
(e-mail protected)

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