Warsaw, Poland, August 20, 2024, Chainwire

Flipster, one of many main crypto derivatives buying and selling platforms, has listed Tether 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 very best market cap amongst its friends. As blockchain know-how evolves, there may be rising curiosity in bringing real-world belongings similar to gold on-chain. Tether is nicely positioned to capitalize on this development with merchandise similar to Tether Gold, which give customers with a approach 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 aimed toward rewarding customers who’re within the new service.

1. Tether Gold Launch Pool

• Whole Prize Pool: 60,000 USD₮
• Every 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’ total USD₮ pockets steadiness 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 popularity 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 modern belongings, enabling our customers to discover real-world asset alternatives and enhancing our platform's attraction as a complete buying and selling hub,” Kim mentioned.

About Flipster

Flipster is without doubt one of the quickest rising crypto derivatives buying and selling platforms, providing lightning-fast perpetual futures listings for the newest cryptocurrencies. The straightforward-to-use platform provides 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 staff, please contact us at (electronic mail handle protected).

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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 power 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 techniques and the potential of decentralized finance.

About Tether Gold (USD₮)

Tether Gold is a digital asset supplied by TG Commodities Restricted. 1 USD₮ token is equal to 1 true advantageous ounce of gold in a London Good Supply bar. XAU₮ is offered as an ERC-20 token on the Ethereum blockchain. The token will be simply traded or moved anyplace on this planet at any time and will be transferred from the customer's Tether pockets, which is issued after buy, to any on-chain handle. Allotted gold will be recognized by a novel serial quantity, purity, weight and will be redeemed within the type of bodily gold.

Vital Discover

This press launch will not 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, obtainable (as of the date of this press launch) at gold.tether.to/authorized.

contact

Model Advertising and marketing Supervisor
Charlyn Tan
Flip Star
(electronic mail handle protected)