Warsaw, Poland, August 20, 2024, Chainwire

Flipster, one of many main crypto derivatives buying and selling platforms, has listed gold (XAU₮) issued by TG Commodities Restricted on its platform, offering customers with new alternatives to deposit, withdraw and convert gold-backed digital belongings.

Youngjin Kim, CEO of Flipster, commented: “Tether continues to guide the stablecoin market and has the best market cap amongst its friends. As blockchain know-how evolves, there’s rising curiosity in bringing real-world belongings akin to gold on-chain. Tether is properly positioned to capitalize on this development with merchandise akin to Tether Gold, which offer customers with a strategy to expertise the worth and stability of gold.”

To have a good time the introduction of Tether Gold to its platform, Flipster has launched two thrilling campaigns geared toward rewarding customers who’re within the new service.

1. Tether Gold Launch Pool

• Complete Prize Pool: 60,000 USD₮
• Day by day Rewards: Earn as much as 12,000 USD₮ each day by staking XAU₮ and changing your cryptocurrency to XAU₮.
• Marketing campaign Interval: August 20, 00:00 UTC to August 25, 00:00 UTC

2. Tether Conversion Marketing campaign

• EARN UP TO 24% APR: Convert staked XAU₮ to USD₮ and earn as much as 24% APR on customers’ whole USD₮ pockets stability on prime of different ongoing promotions.
• Marketing campaign Interval: August 25, 00:00 UTC to September 8, 00:00 UTC

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

“At Flipster, we’re excited to supply entry to those revolutionary belongings, enabling our customers to discover real-world asset alternatives and enhancing our platform's enchantment as a complete buying and selling hub,” Kim stated.

About Flipster

Flipster is likely one of the quickest rising crypto derivatives buying and selling platforms, providing lightning-fast perpetual futures listings for the newest cryptocurrencies. The simple-to-use platform gives customers an all-in-one buying and selling expertise with excessive liquidity, zero buying and selling charges and as much as 100x leverage. For media inquiries or requests to interview the workforce, please contact us at contact tackle.

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About Tether and USD₮

Tether is a pioneer in stablecoin know-how, aiming to revolutionize the worldwide monetary panorama. Its mission is to supply accessible, safe, and environment friendly monetary, communications, and vitality infrastructure. Tether will increase monetary inclusion and communications resilience, drives financial progress, and empowers people and companies.

As creator of the trade's largest, most clear and liquid stablecoin, Tether is dedicated to constructing sustainable and resilient infrastructure that advantages underserved communities. By leveraging cutting-edge blockchain and peer-to-peer applied sciences, we’re dedicated to bridging the hole between conventional financial methods and the potential of decentralized finance.

About Tether Gold (USD₮)

Tether Gold is a digital asset supplied by TG Commodities Restricted. 1 USD₮ token represents 1 true superb ounce of gold in a London Good Supply bar. XAU₮ is accessible as an ERC-20 token on the blockchain. The token could be simply traded or moved wherever on the earth at any time and could be transferred from the customer's Tether pockets, which is issued after buy, to any on-chain tackle. Allotted gold could be recognized by a singular serial quantity, purity, weight and could be redeemed within the type of bodily gold.

Necessary Discover

This press launch shouldn’t be a proposal to promote or a solicitation of a proposal to purchase Tether Gold (XAU₮). TG Commodities Restricted will promote or redeem XAU₮ solely pursuant to its Gold Token Phrases of Sale and Phrases of Service, accessible (as of the date of this press launch) at gold.tether.to/authorized.

contactModel Advertising and marketing SupervisorCharlyn TanFlip Starcontact tackle

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