Warsaw, Poland, August 20, 2024, Chainwire
Flipster, one of the leading cryptocurrency derivatives trading platforms, has listed Tether Gold (XAU₮), issued by TG Commodities Limited, on its platform, providing users with new opportunities to deposit, withdraw, and convert gold-backed digital assets.
Flipster CEO Yongjin Kim said, “Tether continues to lead the stablecoin market and maintains the highest market cap among other coins. As blockchain technology advances, there is growing interest in bringing real-world assets like gold on-chain. Tether is well positioned to capitalize on this trend, with products like Tether Gold that give users a way to gain exposure to the value and stability of gold.”
To celebrate the launch of Tether Gold on their platform, Flipster has launched two exciting campaigns to reward users who participate in this new offer.
1. Tether Gold Launch Pool
- Total Prize Pool: USD₮60,000
- DAILY REWARDS: Stake XAU₮ and convert your crypto to XAU₮ to earn up to 12,000 USD₮ every day.
- Campaign Date: August 20th 00:00 UTC ~ August 25th 00:00 UTC
2. Tether Conversion Campaign
- Earn up to 24% APR: Convert your staked XAU₮ to USD₮ and earn up to 24% APR on your entire USD₮ wallet balance, in addition to other ongoing campaigns.
- Campaign Dates: August 25th 00:00 UTC ~ September 8th 00:00 UTC
By adding Tether Gold to its 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 digital asset landscape.
“At Flipster, we are excited to provide access to these innovative assets, allowing users to explore real-world asset opportunities and enhancing the platform’s appeal as a comprehensive trading hub,” said Kim.
About Flipster
Flipster is one of the fastest growing cryptocurrency derivatives trading platforms, offering lightning-fast perpetual futures listings for the latest cryptocurrencies. The easy-to-use platform offers users an all-in-one trading experience with high liquidity and up to 100x leverage on over 250 tokens with no trading fees. For media inquiries or to request an interview with the team, please contact: pr@flipster.io.
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About Tether and USD₮
Tether is a pioneer in stablecoin technology that seeks to transform the global financial landscape, and is on a mission to provide accessible, secure, and efficient financial, communications, and energy infrastructure. Tether enables greater financial inclusion and communications resilience, fosters economic growth, and empowers individuals and businesses.
As the creator of the industry’s largest, most transparent, and most liquid stablecoin, Tether is committed to building sustainable and resilient infrastructure to benefit underserved communities. Leveraging cutting-edge blockchain and P2P technologies, we are committed to bridging the gap between the traditional financial system and the potential of decentralized finance.
About Tether Gold (USD₮)
Tether Gold (Gold) is a digital asset provided by TG Commodities Limited. One USD₮ token is equivalent to one ounce of gold in a London Good Delivery bar. XAU₮ is provided as an ERC-20 token on the Ethereum blockchain. This token can be easily traded or transferred anywhere in the world at any time, and can be transferred from the Tether wallet issued to the purchaser after purchase to any on-chain address. The allocated gold is identifiable by a unique serial number, purity, and weight, and can be redeemed in the form of physical gold.
Important Note
This press release does not constitute an offer to sell or a solicitation of an offer to buy Tether Gold (XAU₮). TG Commodities Limited will sell or redeem XAU₮ only in accordance with the Gold Token Sale and Service Terms available at gold.tether.to/legal (as of the date of this press release).
Contact
Brand Marketing Manager
Sherlyn Tan
Flipster
pr@flipster.io