Warsaw, Poland, August 20, 2024, Chainwire
Flipster, one of many main crypto derivatives buying and selling platforms, will listing gold (XAU₮) issued by TG Commodities Restricted on its platform, giving customers new choices to deposit, withdraw and switch gold-backed digital belongings.
Flipster CEO Yongjin Kim commented: “Tether continues to steer the stablecoin market and maintains the very best market capitalization amongst its friends. As blockchain expertise evolves, there may be rising curiosity in real-world belongings comparable 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 technique 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 participating with this new providing:
1. Tether Gold Launchpool
- Complete prize pool: 60,000 USD₮
- Each day Rewards: Win as much as $12,000 USD₮ day by 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 stability.
- 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 fame 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 modern 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 among the quickest rising crypto derivatives buying and selling platforms, providing lightning-fast perpetual futures on the newest cryptocurrencies. The straightforward-to-use platform gives 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 crew, please contact pr@flipster.io.
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About Tether and USD₮
Tether is a pioneer in stablecoin expertise that goals to revolutionize the worldwide monetary panorama and its mission is to offer reasonably priced, safe and environment friendly monetary, communication and vitality infrastructure. Tether allows larger monetary inclusion and communication resilience, supporting financial development and empowering people and companies.
Because the creator of the business'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 expertise, it’s dedicated to bridging the hole between conventional monetary techniques 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 pure ounce of gold on a London Good Supply bar. XAU₮ is accessible as an ERC-20 token on the blockchain, the token might be traded or moved simply anytime, wherever on the earth and might be transferred to any on-chain deal with from the customer's Tether pockets the place it’s 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 vital notice
This press launch will not be a suggestion to promote or a solicitation of a suggestion to purchase Tether Gold (XAU₮). TG Commodities Restricted will promote or redeem XAU₮ solely in accordance with the phrases of sale and repair out there (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 printed on Chainwire
