Flipster Stock Surges 20% on Zero Fee Trading and Rapid Expansion

Flipster is a cryptocurrency exchange that offers both derivatives and spot trading in a user-friendly environment. Launched in 2021 under the name AQX and rebranded to Flipster in 2023, the platform has attracted millions of users across 177 countries. It specializes in perpetual futures contracts on a wide range of cryptocurrencies, while recently expanding to spot trading for major coins. Flipster is known for its lightning-fast listings of new tokens and deep liquidity provided by a professional market maker, ensuring tight spreads and smooth trade execution. Notably, Flipster charges zero trading fees on all trades, allowing traders to maximize profits without fee overhead. In total, users have access to hundreds of crypto markets, with over 300 different tokens for trading by late 2024, including blue-chip coins like Bitcoin and Ethereum, as well as niche altcoins.

Flipster’s core offering is perpetual futures trading on a variety of cryptocurrencies, with leverage up to 100x on major and altcoin pairs. There are hundreds of perpetual contracts listed, covering everything from BTC and ETH to meme coins and new project tokens. All futures trades on Flipster are fee-free, and the platform supports standard risk management tools like stop-loss/take-profit orders and adjustable margin. In 2023, Flipster introduced spot trading, initially launching markets for a handful of top coins with 0% spot trading fees. Spot and futures markets are integrated, allowing traders to easily switch between them to capitalize on price movements. The spot offering is still expanding, with plans to add more trading pairs and a web interface to broaden users’ investment options.

Flipster’s Time Trigger Order feature allows traders to schedule a market order to execute automatically at a specific date and time. This is useful for capturing opportunities around key market events or trading during off-hours. The Instant Flip function enables one-tap position reversal for futures trades, allowing traders to immediately close an open position and simultaneously open a new position of the same size in the opposite direction. This effectively “flips” your trade from long to short or vice-versa with a single click, without manually closing and reopening.

One of Flipster’s most attractive features is its fee policy. The platform charges 0% trading fees for all perpetual futures contracts and for spot trades. There are no maker or tak