As a seasoned crypto investor with roots deeply entrenched in the vibrant digital asset landscape of Warsaw, Poland, I find myself captivated by the latest development unfolding between Flipster and Tether Gold (XAU₮). The integration of this gold-backed stablecoin onto Flipster’s platform is a testament to the evolving nature of our industry, bridging the gap between traditional finance and the burgeoning world of blockchain technology.
Warsaw, Poland, August 20th, 2024, Chainwire
On the horizon as a major player in cryptocurrency derivative trading, Flipster is now offering Tether Gold (XAU₮) – a gold-backed digital asset issued by TG Commodities Limited – to its platform. This means users can now easily deposit, withdraw, or exchange their gold-backed digital assets on the platform, presenting exciting new possibilities.
As an analyst, I’m observing that Tether remains the frontrunner in the stablecoin market, boasting the largest market capitalization among its competitors. With the ongoing advancements in blockchain technology, there’s a burgeoning curiosity about integrating real-world assets such as gold onto the digital platform. Given Tether’s strategic position, I believe they are poised to seize this opportunity, particularly with offerings like Tether Gold that enable users to tap into the value and stability of gold.
In honor of introducing Tether Gold, Flipster is running two thrilling campaigns aimed at recognizing user interaction with this novel feature: rewards for user engagement.
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
Enhancing its platform further, Flipster embraces innovation by incorporating Tether Gold, empowering users to adapt to the rapidly changing digital assets market more effectively.
At Flipster, we’re excited to provide access to these cutting-edge resources, enabling our users to discover practical investment possibilities in the real world, thus boosting the attractiveness of our platform as a versatile trading center, shared Kim.
About Flipster
Flipster ranks as one of the swiftly expanding crypto derivatives trading sites, specializing in rapid-paced perpetual futures for newly minted digital currencies. This user-friendly platform offers a comprehensive trading experience in a single package, with leverage reaching up to 100 times on more than 250 tokens that boast high liquidity and free trading fees. For press inquiries or interviews with the team, you can contact pr@flipster.io.
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About Tether and USD₮
Tether leads the way in the development of stablecoin technology, with a goal to fundamentally change the world’s financial system. Their aim is to create an accessible, secure, and efficient infrastructure for finance, communication, and energy that is open to all. By using Tether, more people can gain financial access, strengthen communication networks, boost economic growth, and empower both individuals and businesses.
By developing the industry’s biggest, open, and stable digital currency known as Tether, we are focused on constructing robust and adaptable infrastructure that caters to underprivileged communities. Utilizing advanced blockchain and person-to-person technology, we aim to connect conventional financial systems with the possibilities of decentralized finance, thereby narrowing the gap between them.
About Tether Gold (USD₮)
As a researcher, I’m exploring the digital asset known as Tether Gold (XAU₮), provided by TG Commodities Limited. One USD₮ token equates to one troy fine ounce of gold, stored in a London Good Delivery bar. This token functions as an ERC-20 token on the Ethereum blockchain, allowing for effortless trading or transfer anywhere in the world at any given moment. Upon purchase, the token is issued from your Tether wallet and can be transferred to any on-chain address. The allocated gold is individually identified by a unique serial number, purity, and weight, and can be redeemed as physical gold if desired.
Important Note
Contact
Brand Marketing Manager
Shirlyn Tan
Flipster
pr@flipster.io
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2024-08-20 14:12