Flipster announces partnership with Tether

[PRESS RELEASE – Warsaw, Poland, August 20th, 2024]

flipperOne of many main cryptocurrency derivatives buying and selling platforms is itemizing Tether Gold (XAU₮) issued by TG Commodities Co., Ltd. to its platform, offering customers with new alternatives to deposit, withdraw and convert gold-backed digital belongings.

Flipster CEO Yongjin Kim commented: “Tether continues to steer the stablecoin market, sustaining the very best market capitalization amongst its friends. As blockchain know-how develops, individuals are more and more fascinated about placing real-world belongings similar to gold on the chain. Tether is well-positioned to capitalize on this development, providing merchandise like Tether Gold to offer customers with a solution to acquire worth and stability in gold.

To rejoice the launch of Tether Gold on its platform, Flipster has launched two thrilling campaigns designed to reward customers for taking part on this new product:

1. Tether Gold issuance pool

• Whole prize pool: $60,000₮
• Day by day Rewards: Earn as much as 12,000 USD₮ per day by staking XAU₮ and changing cryptocurrencies to XAU₮.
• Occasion date: August 20, 00:00 UTC to August 25, 00:00 UTC

2. Tether conversion actions

• Earn as much as 24% APR: Convert staked XAU₮ to USD₮ and earn as much as 24% APR on a person’s whole USD₮ pockets stability, along with different ongoing actions.
• Occasion date: August 25, 00:00 UTC to September 8, 00:00 UTC

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

Kim mentioned: “At Flipster, we’re excited to offer entry to those progressive belongings, permitting our customers to discover real-world asset alternatives and enhancing the enchantment of our platform as a complete buying and selling hub.”

About Flipster

flipper It is likely one of the quickest rising crypto derivatives buying and selling platforms, providing lightning-fast perpetual futures listings on the most recent cryptocurrencies. The platform is straightforward and simple to make use of, offering customers with a one-stop buying and selling expertise. Greater than 250 tokens have a leverage of as much as 100 occasions, excessive liquidity, and nil transaction charges. For media inquiries or staff interview requests, please contact pr@flipster.io.

X | Facebook | Instagram | LinkedIn | official telegram | Announcement Telegram

About Tether and USD₮

Tether is a pioneer in stablecoin know-how and is dedicated to revolutionizing the worldwide monetary panorama with a mission to offer accessible, safe and environment friendly monetary, communications and power infrastructure. Tether allows larger monetary inclusion and communication resiliency, fuels financial development, and empowers people and companies.

Because the creator of the trade’s largest, most clear, and most liquid stablecoin, Tether is dedicated to constructing sustainable and resilient infrastructure to profit underserved communities. By leveraging cutting-edge blockchain and peer-to-peer know-how, it strives to bridge the hole between conventional monetary techniques and the potential of decentralized finance.

About Tether Gold (USD₮)

Tether Gold (gold) is a digital asset supplied by TG Commodities Restricted. One full USD₮ token represents one ounce of gold on London Good Supply gold bars. XAU₮ is out there as an ERC-20 token on the Ethereum blockchain, which may be simply traded or moved at any time, anyplace on the planet, and may be bought from the Tether pockets the place the purchaser resides to any on-chain handle issued later. The allotted gold may be recognized by means of a novel serial quantity, purity and weight, and may be redeemed within the type of bodily gold.

Essential ideas

This information announcement isn’t a suggestion to promote or a solicitation of a suggestion to purchase Tether Gold (XAU₮). TG Commodities Restricted will solely promote or redeem XAU₮ in accordance with its accessible gold token gross sales and repair phrases (as of the date of this press launch) gold.tether.to/legal.