Key Features and Setup
Flipster launched in 2021 and caters to active crypto traders looking for a mix of speed, leverage, and low fees. Based in Seychelles, it provides no-KYC registration and a web/mobile platform with up to 100x leverage.
With over 160 trading pairs and support for perpetual contracts, Flipster offers exposure to BTC, ETH, altcoins and major DeFi tokens. Fiat access is limited, but crypto deposits and withdrawals are instant with competitive network fees.
Trading, Fees and Liquidity
Flipster charges 0.02% maker and 0.05% taker fees for perpetuals. It offers VIP fee tiers, daily tasks for USDT rewards, and demo trading. Liquidity is solid across BTC/ETH pairs, with deep books and fast execution on large orders.
Security and Platform
The exchange has 2FA, withdrawal whitelists and cold wallet storage. It runs a bug bounty program and publishes regular platform updates. However, Flipster is not licensed by major regulators, which limits its compliance trust for institutions.
Pros and Cons
- Low fees - 0.02% maker, 0.05% taker
- No KYC for crypto-only access
- High leverage up to 100x on major pairs
- Deep liquidity on BTC, ETH, SOL markets
- Clean UI and fast mobile/web apps
- Unlicensed - lacks major regulatory status
- No fiat deposits or withdrawals
- Mixed support reviews
- Token listings are limited to top caps