Warsaw, Poland, August 20, 2024, Chainwire

Flipster, one of the leading crypto derivatives trading platforms, is adding Tether Gold (XAU₮) issued by TG Commodities Limited to its platform, giving users new options to deposit, withdraw, and convert the gold-backed digital asset.

Flipster CEO Yongjin Kim commented: “Tether continues to lead the stablecoin market and maintains the highest market cap among its peers. As blockchain technology evolves, interest in real-world assets like gold being brought on-chain is growing. Tether is well-positioned to capitalize on this trend and offers products like Tether Gold that give users a way to gain exposure to the value and stability of gold.”

To celebrate the introduction of Tether Gold to its platform, Flipster has launched two exciting campaigns aimed at rewarding users for their engagement with this new offering:

1. Tether Gold Launch Pool

• Total Prize Pool: USD₮60,000
• Daily Rewards: Win up to USD₮12,000 daily by staking XAU₮ and converting crypto to XAU₮.
• Campaign dates: August 20 00:00 UTC to August 25 00:00 UTC

2. Tether conversion campaign

• Earn up to 24% APR: Convert staked XAU₮ to USD₮ and earn up to 24% APR, in addition to other ongoing campaigns, on the user’s entire USD₮ balance.
• Campaign dates: August 25 00:00 UTC to September 8 00:00 UTC

By adding Tether Gold to the platform, Flipster continues to build on its reputation as a forward-thinking platform that provides users with the tools they need to navigate the changing landscape of digital assets.

“At Flipster, we are proud to provide access to these innovative assets, allowing our users to explore real asset opportunities and broadening the appeal of our platform as a comprehensive trading hub,” said Kim.

About Flipster

Flipster is one of the fastest growing crypto derivatives trading platforms, offering blazing fast perpetual futures quotes on the latest cryptocurrencies. The easy-to-use platform offers users an all-in-one trading experience with up to 100x leverage on over 250 tokens with high liquidity and zero trading fees. For media inquiries or interview requests with the team, please contact (email address).

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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, communications, and energy infrastructure. Tether enables greater financial inclusion and resilience in communications, fostering economic growth and empowering individuals and businesses.

As the creator of the industry’s largest, most transparent, and liquid stablecoin, Tether is committed to building sustainable and resilient infrastructure to benefit underserved communities. By leveraging cutting-edge blockchain and peer-to-peer technology, it is dedicated 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 easily traded or moved at any time, anywhere in the world, and can be transferred to any on-chain address from the buyer’s Tether wallet, where it will be spent after purchase. The allocated gold is identifiable by a unique serial number, purity, and weight, and is redeemable in the form of physical gold.

Important note

This press release 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 the Gold Token Sale and Service Terms available (as of the date of this press release) at gold.tether.to/legal.

Contact

Brand Marketing Manager
Shirlyn Brown
Flipster
(email address)