Flipster, a centralized derivatives exchange, is positioned to be among the first in the market to offer perpetual futures listings on emerging cryptocurrencies. With a lightning-fast listing model, the platform offers over 250 token pairs, enabling traders to capitalize on early-stage opportunities within the altcoin market. Contrary to other centralized exchanges, many of the available options are listed before they gain mainstream popularity. This approach allows users to capitalize on the unique volatility and growth of emerging tokens.
Flipster’s focus on altcoins stems from their distinctive market dynamics, differing from major cryptocurrencies like Bitcoin. Recent market behavior also highlights this trend. Capable of outsized performance during periods of market optimism, altcoins have shown significant gains following the Federal Reserve's decision to lower interest rates, outperforming major cryptocurrencies. This demonstrates altcoins' characteristics which provide traders the opportunity to benefit from individual project developments.
Yongjin Kim, CEO of Flipster, noted that the exchange’s early access trading model aims to give users a head start on these popular tokens. "While other centralized exchanges face delays, Flipster bridges the speed and liquidity of CeFi with the early opportunities typically seen in DeFi, allowing our traders to engage with tokens at their most dynamic phase and capture speculative upside before broader market exposure,” he said.
Founded in 2021, some of the well-known brands within Flipster’s ecosystem include Asia’s crypto quantitative trading firm Presto Labs.
The platform has since launched the first perpetual futures listings of in-demand tokens, including LayerZero ($ZRO), Orderly Network ($ORDER), Aevo ($AEVO), Blast ($BLAST), Etherfi ($ETHFI), and more according to CoinMarketCap. This provides serious traders access to assets with growth potential before they achieve widespread visibility on major exchanges.
Despite the growing presence of decentralized exchanges, where altcoin tradings are most accessible, centralized platforms remain a go-to option for many retail and professional traders whose top priorities are liquidity, security and friendly user interface.
However, the process of getting a token listed on these centralized platforms often requires lengthy reviews and community voting that can significantly slow down market entry, leading to traders missing out opportunities.
For projects, the delay in centralized exchange listing can pose challenges during phases of heightened interest in small-cap altcoins, where momentum plays a crucial role for projects to take off.
Perpetual futures also serve as a critical tool for traders to manage price swings and navigate volatile markets as the global markets brace for increased volatility and market uncertainty. They enable traders to hedge positions and profit from price movements in both directions, benefiting from dynamic market conditions, yet without being overexposed to institutional shifts.
"Flipster's early access trading model is an incredible opportunity," said Arjun Arora, COO, Orderly Network. "During our growth phase, gaining access to early-stage price discovery is crucial for influencing market sentiment and driving deeper engagement with a community of traders and investors actively seeking high-potential opportunities."
The exchange's collaboration with major projects like Orderly Network also encompasses different promotion and incentive programs to bring users exclusive benefits. Through this partnership, Flipster has rolled out initiatives such as the ORDER Launch Airdrop, Launchpool, and a forthcoming trading competition. These incentive programs aim to increase user engagement within the ecosystem of Flipster and its partners.
Image Credit: Flipster
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