Flipster expands offerings with Tether Gold and new user campaigns
Flipster, a leading crypto derivatives trading platform, has announced the listing of Tether Gold (CRYPTO:XAUT) on its platform, marking a significant expansion of its offerings.
This new addition allows users to deposit, withdraw, and convert the gold-backed digital asset, providing more opportunities to engage with real-world assets through Blockchain technology.
Tether Gold, issued by TG Commodities Limited, represents one troy ounce of gold on a London Good Delivery bar.
It is available as an ERC-20 token on the Ethereum (CRYPTO:ETH) blockchain, enabling users to easily trade or move the asset worldwide.
This listing aligns with the growing trend of integrating real-world assets like gold into the blockchain, offering users a stable and valuable investment option.
To celebrate this launch, Flipster has introduced two promotional campaigns.
The first, the Tether Gold Launchpool, offers a total prize pool of 60,000 USDT (CRYPTO:USDT), with daily rewards of up to 12,000 USDT available for users who stake XAUT and convert their crypto to XAUT.
This campaign runs from August 20 to August 25, 2024.
The second campaign, the Tether Conversion Campaign, allows users to earn up to 24% APR by converting staked xaut to usdT.
This campaign runs from August 25 to September 8, 2024, and is designed to encourage users to engage with Tether Gold on the Flipster platform.
Flipster’s CEO, Yongjin Kim, emphasized the platform’s commitment to providing innovative trading solutions and highlighted the strategic importance of adding Tether Gold to its offerings.
He noted that this move enhances Flipster’s appeal as a comprehensive trading hub, empowering users to explore and benefit from new digital asset opportunities.
Flipster’s collaboration with Tether and the launch of these campaigns reflect its ongoing efforts to lead in the rapidly evolving crypto trading landscape, offering users advanced tools and incentives to navigate the digital asset market.
At the time of reporting, the price of Tether Gold is $2,526.61.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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